Firstly, Let me give you 4 things you need to start a POS business.
1. You need a POS machine from any bank or online agent e.g Opay, NowNow, kudi, WalletNg, TransferWise
3. Capital of N100,000 for a start.
3. You need a populous location like school, market or close to any bank.
4. A sale boy if you don’t have time to start with the business.
Secondly, let me give you 4 criteria to get POS machine from a bank or online Money agent in Nigeria.
1. You must have a cooperate or savings account with the bank.
2. You must have been using the bank account for the past 6 months
3. You must have a turn over of 1million in just 30 days before you can get a POS.
Note: you need a good location to be able to make good profit in POS business. You can be making more than N450,000 per month depend on the location of your your business.