The OPay POS machine is one of the best for you if you want to go into POS business in 2025. It is easy to use, cheap supper fast and smooth transactions, including payments, withdrawals, and transfers. In this post I will show you everything you need to know to start a business with Opay Machine.

We will explore how to get Opay Pos machine, their prices, withdrawal charges, and more.

How much is OPay POS Machine?

OPay offers 3 types of POS machines. Each of them ha one thing in common: they can be used to withdraw, transfer and do airtime and bill payments. The difference is just in the design so you can get any of them and you’re good to go.

1. Smart (Android) POS: This advanced device operates on an Android system, providing a user-friendly interface and enhanced functionalities. The Smart POS is priced at ₦50,000.

2. Traditional POS: Designed for standard transaction processes, the Traditional POS is available for ₦35,000.

3. Mini POS: Compact and portable, the Mini POS is ideal for businesses that require mobility. It is priced at ₦8,500.

Please note that these prices are subject to change based on market dynamics and company policies. It’s advisable to confirm the current prices through official OPay channels before making a purchase.

How to Get an OPay POS Machine

You can get OPay POS by following the steps below:

Download the OPay App: Begin by installing the OPay app from the Google Play Store or Apple App Store on your smartphone.

Register an Account: Open the app and sign up using your active phone number. Follow the prompts to complete the registration process.

Upgrade to KYC Level 3: To access POS services, you need to upgrade your account to Know Your Customer (KYC) Level 3. This requires providing:

• A valid government-issued ID (e.g., National ID, Driver’s License, International Passport, or Voter’s Card).
• A recent utility bill as proof of address.
• Your Bank Verification Number (BVN).
• A clear photograph of yourself.

Submit these documents through the app and await approval, which typically takes between 24 to 72 hours.

Apply for the POS Machine: Once your account is upgraded:

• Log in to the OPay app.
• Navigate to the “My POS” section.
• Select “Apply for POS.”
• Choose your preferred POS type and pickup location.
• Provide any additional required documents, such as bank statements from the last two to three months and a photograph of your business location.
• Submit your application and wait for approval.

Upon approval, OPay will notify you with details on how to obtain your POS machine.

OPay POS Charges

Now, lets see the charges on the opay Pos machine. You need to know this to understand what to expect when you start your business

Withdrawal Charges: For transactions below ₦20,000, a fee of 0.5% of the transaction amount is applied. For transactions above ₦20,000, a flat fee of ₦100 is charged per transaction.

Deposit Charges: Deposits up to ₦5,000 attract a flat fee of ₦10. Deposits between ₦5,001 and ₦10,000 incur a flat fee of ₦20. Deposits above ₦10,000 are charged a flat fee of ₦30.

Transfer Charges: Transfers below ₦10,000 are charged ₦30 per transaction. Transfers above ₦10,000 attract a fee of ₦50 per transaction.

Airtime and Data Top-Up Commissions: MTN: 3% commission. Airtel: 4% commission. Glo: 4% commission. 9Mobile: 4.5% commission.

Utility Bill Payment Charges: Services like GOtv, DStv, StarTimes, and PHCN attract a 2% fee on the transaction amount.

These charges are subject to change, so it’s advisable to consult official OPay resources or contact their customer service for the most up-to-date information.

OPay POS machine is a valuable asset for businesses in Nigeria, facilitating efficient financial transactions and contributing to business growth. By understanding the pricing, acquisition process, and associated charges, you can make an informed decision about integrating this system into your operations.