Have you been looking for a cheap and reliable POS like Payforce POS and you haven’t been able to get one?
In this article, I will show you how to get a Payforce POS and answer any important questions you might have about the POS.
How much is Payforce POS (Cautionary fee)
Payforce will only charge you N20,000 as a cautionary fee to get the POS from them. This cautionary fee is so that you won’t damage the POS. Paying this fee does not mean you have bought the POS.
How long will it take you to get a Payforce POS
Usually it can take between a day to 1 week to get a Payforce POS.
How does Payforce POS charge?
Payforce charges N5 on every N1000 (capped at N100 from N20,000 and above) withdrawal and N25 on every deposit of any amount
Payforce POS charge for withdrawal
That means if you withdraw as follow
N1000 charges is N5
N2000 charges is N10
N3000 charges is N15
N4000 charges is N20
N5000 charges is N25
N6000 charges is N30
N7000 charges is N35
N8000 charges is N40
N9000 charges is N45
N10,000 charges is N50
N11,000 charges is N55
N12,000 charges is N60
N13,000 charges is N65
N14,000 charges is N70
N15,000 charges is N75
N16,000 charges is N80
N17,000 charges is N85
N18,000 charges is N90
N19,000 charges is N95
N20,000 charges is N100
Any amount above N20,000 charges is N100 (even though it is N600,000)
Note that you also get 10% commission (cashback) on every withdrawal you do on the Payforce POS
Payforce POS charge for deposit/transfer
Payforce only charge N25 for any deposit you do. Irrespective of the amount
Is there stamp duty on Payforce POS
There is no stamp duty on Payforce POS. Stamp duty is an extra N50 charged by the federal government on any withdrawal or inward transfer from N10,000 and above. This amount is not been charged on Payforce
How do i get Payforce POS
To become a Payforce agent, you will need to download the Payforce app from play store and register with this aggregator/referral code 1782565128 to make your application fast
How to create an Payforce account
1. Agent should download the Payforce APP
2. Sign up with any username of your choice.
3. Fill in all the required information.
4. Upload KYC and BVN for verification
5. Await more information from your Aggregator (if you use my referral code 1782565128 you can contact me to help fast track your kyc verification)
6. Then Log in after activation message has been received and start your transactions.
What do i need to apply for a Payforce POS
All you need is your ID card (whether national ID card, Driver’s license, Voter’s card or international passport), Nepa bill, and passport photograph. These plus a cautionary fee of N10,000 (for the Mpos) while N30,000 (for the android POS) is what you need to get the Payforce POS.
The following documents will be required
- A verified Identity card such as International Passport, National ID Card, or Voters Card (for account upgrade only)
- Utility Bill (Nepa Bill)
- Business License (For Registered business only)
- Valid BVN
- Valid email address
Other details you will need to apply for Payforce POS
- First name
- last name.
- The gender.
- Email address.
- Local government
- Phone number.
- Date of birth
Why does Payforce ask for your BVN
The Bank Verification Number is used to confirm that your personal information submitted is valid for proper KYC documentation as required by the CBN
How to fund your Payforce wallet
Follow the steps below to fund/credit your Payforce account
1, Log into your PayForce App
2. Click on FUND WALLET
3. Click on Bank Deposit
4. Details of your PayForce deposit account will be displayed
5. Transfer to the account number on display and your wallet is funded immediately.
How do I contact Payforce customer care if i have any issue
Payforce has one of the most responsive customer support in agency banking.You can always reach them via their email [email protected]
Physical address: Plot 265, S.E Asebe street
How do i log complain on the Payforce POS or platform
Sadly, Payforce does not have a portal for you to complain about failed transactions at the moment, as the customer will need to contact their bank in case of a dispense error.
YOU CAN FOLLOW MY STEP BY STEP VIDEO ON HOW TO LOG DISPUTE FOR YOUR CUSTOMERS WITHOUT THEM GOING TO BANK HERE
How to perform cash deposit on Payforce POS
Cash Deposits (Funds Transfer): This is simply a normal bank to bank transfer.
1. Log in to the APP
2. Click on cash deposit
3. Enter amount
4. Select bank
5. Enter account number
6. Enter phone number
7. Enter narration
8. Click on funds transfer
How do I access my dashboard on Payforce
You can access your dashboard by logging in to your Payforce via the Payforce mobile app
What are the things you can do on a Payforce POS machine
Here are some services you can do on a Payforce POS
- Cash withdrawal
- Fund Transfer
- Instant Settlement
- Payment of Utility Bills
Can Payforce POS check account balance for a customer ATM
Yes. This is a feature they might add in the future
How much commission does Payforce give on services
Here are the commissions Payforce will pay you as an agent when you buy airtime, or pay for Tv subscription for a customer or pay electricity bill for customers
MTN 2.8% commission
Glo 3.80% commission
Etisalat 3.30% commission
Airtel 3.80% commission
FOR TV Subscription.
DStv N60 commission.
GOtv N60 commission.
IKEDC 1.7% of value plus N50 commission
PHEDC 0.8% of value plus N50 commission
ENUGU POSTPAID 0.8% of value plus N50 commission
IBEDC 1.8% of value plus N50 commission*.
KEDCO 1.8% of value plus N50 Commission
How do i upgrade my KYC level on Payforce
To upgrade your KYC on your Payforce app, click on the settings icon at the bottom right hand corner of the app immediately you login in. on the page displayed, you will see UPDATE KYC click on that and you can update all your KYC information there to get your account active and fully functional
How to log debit or dispense error on Payforce
1. Log in to the APP
2. Click on settings
3. Click on dispense error refund
4. Fill in all the information required
5. Click on submit
How to log electricity bill payment issue on payforce
- Log in to the APP
- 2. Select your preferred Disco
- 3. Enter your amount
- 4. Enter meter number
- 5. Enter phone number
- 6. Enter narration
- 7. Click on power bills
How to Log cable tv issue on payforce
1. Log in to the APP
2. Select your preferred cable TV
3. Select your preferred package
4. Enter smart card/IUC number
5. Enter phone number
6. Enter narration
7. Click on cable TV
How secure is Payforce POS and where is Payforce head office
Payforce is licensed by the central bank of Nigeria (CBN), which authorises them to carry out agency banking services and they have been in the agency banking business for long
Why do so many people like Payforce POS
People like Payforce POS because they are based on
- fair pricing and fair commission
- Excellent network reliability
- instant settlement
- Great customer support
Does Payforce have a mobile app
Yes you can download the app by visiting play store or apple store on iphone just search for Payforce Mobile
Does Payforce have a physical office
Yes, Payforce office address is at Plot 265, S.E Asebe street Mabushi, Abuja. for further enquiry you can visit the Payforce website https://agent.payforce.network/
Getting Payforce POS is very easy,and it is one POS you can easily get fast If you are just starting your POS business.
if you need any help, you can always contact me on WhatsApp on 08101409501 i am always available to help