The cashless policy is tough no doubt, but you need to find a way to navigate through these times. So I’ll be taking you step-by-step through how you can get a PalmPay POS machine…
The fact that there’s no cash for your customers to pay for buying your product should not be the reason for you not to sell.
The purpose of preparing this article is due to the cashless policy across major parts of Nigeria, and the need to help small and medium businesses keep up and deal with the situation.
PalmPay is one of the most popular and convenient mobile platforms in Nigeria for seamless transactions. And just like other popular choices like Opay and Moniepoint, PalmPay has grown from just financial transactions to merchant banking.
Like top commercial banks, you can easily get a PalmPay POS machine without any stress or protocols.
Apart from POS agent banking, PalmPay mostly offers seamless financial services like bill payments, money transfers, airtime and data recharge, withdrawal, etc.
Lots of businesses are already suffering, some have shut down, while others are set to follow suit.
Tuly speaking, it’s not that they can’t receive payments for what they sell to customers, but their inability to navigate and adapt is the major issue.
So that’s why I always suggest to business people to try and get a PalmPay POS machine, so you can continue running your business and accept card payments as an alternative option whenever a customer does not have the cash to pay.
Now, read further below to get the full details on how you can easily get a PamlPay POS machine…
What are the Requirements to Get a PalmPay POS Machine
The first step you need to take to get a PalmPay POS machine is to download the app via Google Play Store (for Android) or Apple Store (for iPhone).
Once you’re done installing the app, you’ll have to register for a PalmPay account.
Again, one of the most important aspects, before you can get a PalmPay POS machine, is the ability to navigate through the app.
What this means is that you have to know everything about the app, all the payment options, and how to perform multiple transactions with the app.
If you want to get a PalmPay POS machine for your business (either small or medium scale), you’ll need to upgrade to the Tier 3 grade, where you’ll have to enter your BVN, account number, and upload your means of ID, and utility bill.
You’ll also need to provide your business address for verification and confirmation purpose.
Types of PalmPay POS
PalmPay has two types of POS machines; the Traditional POS and the Android POS. While the former is N20,000, the latter is N30,000 for the POS cautionary fee (which will be refunded back to you if you want to return the POS machine intact).
There’s nothing much different between both machines when it comes to transactions, just the design.
How Do You Get the POS Machine?
- The first thing is to complete the application form via the app.
- Read and Agree to the Terms and Conditions.
- Upload the required documents as instructed, and then submit.
After that, you’ll then have to wait for one week to get a call from PalmPay on when and how you’ll get the POS machine.
Is there any benefit that comes with PalmPay POS Banking?
Once you get a PalmPay POS machine and become an agent, you’ll be entitled to payments from PalmPay as well as your charges from customers. T
his is because you’ll be helping people with transactions like withdrawals, cash deposits, bill payments, airtime, data purchases, etc.
And as such as you’re getting the POS for your business, it’ll help your customers make payments for buying your products.
And if you want to help them carry out the aforementioned transactions, you can as well do so.
Note:
Since the PalmPay office is located in Ikeja, Lagos, and Accra, Ghana, there are PalmPay agent sub-offices across the country, so your POS machine will be delivered to you.
If you want to contact customer support for the machine, you’ll need to contact 017005700 or send an email to support@palmpay.co
Conclusion
PalmPay has no doubt proven to be reliable when it comes to transactions and network, which is absolutely fantastic for businesses especially in times when there’s cash scarcity.
whichever financial situation we encounter in the society, you should always find a way to navigate in order not to halt your business operations. And with a POS machine to serve you, you’ll definitely have nothing to worry about.