How To Get The Paycenter Pos And Make Money As Their Agent

The POS business is fast booming in Nigeria at the moment as many Nigerians embrace it more and more. Little wonder a lot of mobile money agencies are springing up and offering people the opportunity to be their POS agent. One of such is Paycenter and in this post, we will be learning more about Paycenter and how to become a Paycenter agent.

Becoming a Paycenter agent comes with its benefit as you qualify to get the Paycenter POS and get paid some commissions on each transaction you make with the POS.

What is Paycentre?

Paycentre Africa is a CBN-licensed provider of mobile money and agency banking services in Nigeria. It is owned by the E-settlement Company. Paycenter Africa offers safe and secure banking services that allow people to conduct banking transactions such as cash withdrawals, bill payment, interbank transfers, etc. without the need to visit a bank branch.

Who is the Owner of Paycenter?

Paycentre is a service offered by E-settlement Limited in Nigeria, a corporation registered under the RC 146168181 number. E-settlement Limited, a limited liability private-sector business in Lagos, that specializes in innovative solutions that address everyday financial problems in Africa. The company’s headquarters is located at Hughes Avenue, Alagomeji, and Yaba, Lagos, Nigeria.

Read Also: Bankly Review: How To Become an Agent and Make Money

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What Does Paycenter Offer?

Paycenter gives you the following services on their platform:

• Deposits
• Withdrawal
• Bank Account Opening
• Loan Requests
• Money Transfers
• Bills Payment
• ATM Card Issuance
• ATM Card Activation
• Airtime Top up

Benefits of being a Paycenter Agent

• You earn commissions. As an agent, you earn commissions for every transaction that you make using the app and any withdrawals via the M-pad. Not only that but you will also be paid for every account that you open or card that you activate. Besides, they are concerned about their agents and want them to be able to run profitable businesses and earn decent wages.
• You get paid per transaction. The commission is calculated on the amount that the customer withdraws. It typically ranges between 40 to 100 Naira per transaction, but it can vary depending on the amount.
• It’s easy to sign up. Signing up to become a Paycentre agent is easy. There are no hidden agendas, and it’s not complicated.
• Exclusive access to loans. You have exclusive access to loans.
• Low transaction fee. Paycentre has a low and competitive transaction fee when compared to other banking solutions.
• Rapid dispute resolution. You can easily contact the support center if you have a problem or need to correct an error. They are always responsive to tackle any challenges.
• Transparency. Paycentre is committed to transparency and making sure that transactions are visible and transparent.
• 99% uptime: Paycentre services have a 24/7 availability so you don’t have to worry about network error or transactions not going through.

Read Also: How To Start A Profitable POS Business In Nigeria

How to become a Paycentre POS Agent

So you have made up your mind to become a Paycenter agent and want to know the process involed.

First, you will need to have the following requirements before applying/

• Android Phone
• Valid ID
• Passport Photograph
• Utility bill (Not older that 3 months)
• CAC Certificate (for corporate entities)
• Physical Location

Once you are sure you have the above requirements.

• Visit their website to signup

• On the page, click the “Get Started” button.
• Enter your mobile number and email. Click on Continue
• You will receive an OTP or activation code to your Line.
• To continue your application, enter the 8-digit activation code sent to you by e-mail or phone number.
• Click the next button.
• To log in, use your registered phone number as well as the default password (6-digits).
• Create a new password after you log in.
• Click on Create POS Account to enter your information (Username, Transaction Pin).
• Fill in all required fields, and click “Submit.”

PS: Once you have submitted your application, you will need to wait for approval before your agent ID can be issued and you can begin working.

How to get a Paycentre POS device

Tha Paycenter POS device is also known as a Pinpad machine or M-POS is given to you as an agent to help you manage your mobile money shop more efficiently. To receive a Paycenter POS device, there are some things you need to do.

First, you need to pay a N10,000 maintenance fee and a N4,000 branding materials fee. After successful payment, the company ambassador will give you the M-POS device. That’s total of N14,000.

How much does it cost to get the Paycenter POS

It costs around N14,000 to get the M-POS or Pinpad which is like a mini POS. The big POS will cost you around N25,000 and you can get it from them. This amount doesn’t mean that you have bought the POS from them. However, it is just a cautionary fee to make sure you don’t cause damage to the POS.

How much time will it take for you to get your Paycentre POS?

The process of getting a Paycentre POS can take up to one week.

How do I activate Paycentre Pinpad?

To activate a Paycenter POS device,

• Go to Google Play Store and install the Paycentre App.
• Turn on the POS by pressing the power button.
• Press the up-arrow key to see the entire screen.
• Bluetooth Devices are available for mobile devices.
• You’ll need it to match with your Pinpad’s serial numbers.
• Keep an eye on your Pinpad’s serial no.
• Use your mobile phone Bluetooth to pair your POS device.
• That’s all. Now you can activate it and transact.

Paycentre also announced the launch of a cardless withdraw service. This allows clients to withdraw money directly from their bank accounts by dialing a USSD number. This service will be available to more than ten banks in Nigeria.

Final Thoughts

Paycenter is gaining momentum in Nigeria and could be a great choice for anyone who is interested in becoming a Paycenter agent and make money through them. However, also make your own investigations or findings. This article is written for purely informational purposes and is not in any way a piece of financial advice.

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