{"id":8349,"date":"2023-05-23T15:35:53","date_gmt":"2023-05-23T15:35:53","guid":{"rendered":"https:\/\/infibranches.com\/blog\/?p=8349"},"modified":"2023-06-05T10:28:56","modified_gmt":"2023-06-05T10:28:56","slug":"how-to-start-a-pos-business-in-nigeria-a-complete-guide","status":"publish","type":"post","link":"https:\/\/fazipay.com\/blog\/how-to-start-a-pos-business-in-nigeria-a-complete-guide\/","title":{"rendered":"How to Start a POS Business in Nigeria"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"8349\" class=\"elementor elementor-8349\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2c43385f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2c43385f\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1ef90356\" data-id=\"1ef90356\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4b9f7495 elementor-widget elementor-widget-text-editor\" data-id=\"4b9f7495\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">According to <\/span><a href=\"https:\/\/nibss-plc.com.ng\/dashboard\/istat\/point-of-sale?task=point-of-sale#\"><span style=\"font-weight: 400;\">NIBSS<\/span><\/a><span style=\"font-weight: 400;\">, the number of deployed POS terminals in Nigeria today has grown from 217,283 in December 2018 to 1,665,664 in 2022. That\u2019s over a 766% increase over five years. This statistic shows how common and lucrative the POS business has been over recent years.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Today, there is hardly a community where you will not find at least one Point-of-Sale (POS) terminal where you can complete various transactions. A POS allows customers, especially in unreached, underserved, and often remote areas where there are no banks, to transact and pay bills.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Meanwhile, not all POS users operate as independent businesses. POS terminals apply to existing businesses to collect customer payments and help manage records safely. You can learn more about the <\/span><strong>advantages of using POS for your business here<\/strong><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">This article provides a comprehensive guide to what you need to know when starting a POS business.<\/span><\/p><p>\u00a0<\/p><p><span style=\"font-weight: 400;\">The Central Bank of Nigeria introduced agency banking in 2013 to enhance financial inclusion, a goal shared with the world bank. This commitment opened doors for the public to access many kinds of financial services, especially in unbanked or underbanked places in Nigeria. In addition, the availability of POS centers today has significantly changed the queues in banking halls and the time and energy required to complete transactions.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">People do not have to travel long distances anymore to make transactions; neither is there limited access to cash when needed. Not only have POS businesses brought financial transactions closer to the public, but they have also created jobs for many Nigerians.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d5bb728 elementor-widget elementor-widget-spacer\" data-id=\"2d5bb728\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-28cf19cd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"28cf19cd\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4d865915\" data-id=\"4d865915\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1c86a7e9 elementor-widget elementor-widget-heading\" data-id=\"1c86a7e9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">How To Start POS Business<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-77e9191c elementor-widget elementor-widget-text-editor\" data-id=\"77e9191c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">A POS business can only be approved by a financial institution licensed by the CBN to manage agents. Familiar license owners are commercial banks who equally share the right to have an agency banking outlet. Examples include First Bank, Wema Bank, GTBank, Zenith, UBA, EcoBank, and Access Bank.<\/span><\/p><p><span style=\"font-weight: 400;\">There are licensed fintech companies with CBN licenses to manage POS agents. They include <\/span><a href=\"https:\/\/infibranches.com\"><span style=\"font-weight: 400;\"><strong>Infibranches with the FaziPay POS<\/strong><\/span><\/a><span style=\"font-weight: 400;\">, Bankly POS, OPay, Kudi bank, Moniepoint, PayCentre, and Paga. They vary in rates, features, targets, network coverage, and services.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Approval from these financial institutions means that the POS agent can help customers with cash deposits, withdrawals, transfers, and bill payments. Therefore, a vital step in starting a POS business is choosing a licensed agency to work with. Read how to become a mobile money agent to learn more about what you need to start a POS business, and read <\/span><strong>how to become a mobile money agent<\/strong><span style=\"font-weight: 400;\">.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a8fc800 elementor-widget elementor-widget-spacer\" data-id=\"a8fc800\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a1ee514 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a1ee514\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-26c1a493\" data-id=\"26c1a493\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-825e301 elementor-widget elementor-widget-heading\" data-id=\"825e301\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Ways To Earn Money on FaziPay<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-56d3ea1a elementor-widget elementor-widget-text-editor\" data-id=\"56d3ea1a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">If you choose FaziPay POS for your mobile money business, you can provide several services to the community, including<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Cash withdrawals at the rate of 0.49%, capped at N90<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Cash deposits<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Cash transfers<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Bill payments, including institutions and utilities\u00a0<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Health insurance<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tax payments<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Toll fee<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Buy and pay for <\/span><a href=\"https:\/\/solar.fazipay.com\"><span style=\"font-weight: 400;\"><strong>solar products<\/strong><\/span><\/a><\/li><\/ul><p><span style=\"font-weight: 400;\">A POS agent can make money from each of the transactions above from customer payments. Also, there is no limit to the number of daily transactions an agent can make. So, if a POS business is located in the right place, among other factors, one can make substantial daily profits.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Overall, the introduction of POS has significantly influenced the financial inclusion agenda and a cashless economy. In addition, customers can now avoid long queues at ATM points by using the nearest POS agent and performing the same transaction that could have taken time. Moreover, ATMs do not have the mobility that a POS business could have to penetrate remote areas.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fb3414d elementor-widget elementor-widget-spacer\" data-id=\"fb3414d\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-46c58f9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"46c58f9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-17f79783\" data-id=\"17f79783\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5a81c36f elementor-widget elementor-widget-heading\" data-id=\"5a81c36f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Run a POS Business for Profit<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-77410dee elementor-widget elementor-widget-text-editor\" data-id=\"77410dee\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">As more POS are increasingly deployed into the Nigerian space, it has also increased the potential profit for both the agents or vendors and the issuing institution. At the same time, it has served communities, increasing the population of people with financial access. The icing on the cake is the access to renewable energy that <\/span><strong><a href=\"https:\/\/www.infibranches.com\/\">Infibranches<\/a><\/strong><span style=\"font-weight: 400;\"> adds.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">As a result of this extra feature, POS agents who use FaziPay POS can make an additional income by selling solar products. These agents get up to a 5% commission on every solar product sold. In addition, customers can either pay at once or pay in installments with the POS agents.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Another way a POS business can amass profits is through the customers bearing the transaction cost, while the agent can also gain from the difference between the charge and the cost. As a result, a POS agent can make <\/span><strong>up to N11,000 in daily profit<\/strong><span style=\"font-weight: 400;\"> if he locates his business in a high-traffic area.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">POS transactions have also been instrumental for businesses to collect instant payments from their customers without delay. On the other hand, existing companies or vocations can add POS service to their business as a side hustle.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2f1bdeab elementor-widget elementor-widget-spacer\" data-id=\"2f1bdeab\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3cf97a0a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3cf97a0a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-15148f3c\" data-id=\"15148f3c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5eb5acc3 elementor-widget elementor-widget-heading\" data-id=\"5eb5acc3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Add POS for Payment collection in your business<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3142adcd elementor-widget elementor-widget-text-editor\" data-id=\"3142adcd\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">You could explore many payment options for your business, but when it comes to instant payments, POS comes at the top. eTransfers would have also been a good option, but it comes with some risks of delay and, in some cases, fake transfers. However, POS transactions are instant for both parties.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Adding POS as a payment collection for your business may or may not require a debit card from your customer. It is a valid option, especially if you run a retail business that requires a fast checkout process with sufficient payments, say during shopping. POS or agency banking also supports the integration of fees for other services that customers need.\u00a0<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\">\u00a0<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-690eb0ee elementor-widget elementor-widget-spacer\" data-id=\"690eb0ee\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e1120ef elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e1120ef\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-594bf03c\" data-id=\"594bf03c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-69e77a78 elementor-widget elementor-widget-heading\" data-id=\"69e77a78\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Earn up to 5% commission on Solar Sales<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fa21ba2 elementor-widget elementor-widget-text-editor\" data-id=\"fa21ba2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">A unique advantage of <\/span><span style=\"font-weight: 400;\"><strong>choosing FaziPay POS<\/strong><\/span><span style=\"font-weight: 400;\"> is that you get to make extra income from solar sales. FaziPay is not only committed to enabling financial access but also committed to renewable energy access to underserved and unserved communities in Nigeria.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Therefore, when registered agents penetrate these communities and provide opportunities for customers to transact, they can equally buy and pay for solar products. The payment options include\u00a0<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Outright payment<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Buy-now-pay-later<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Payment in installments (PayGo)<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3ca47a52 elementor-widget elementor-widget-spacer\" data-id=\"3ca47a52\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-12e31fe elementor-widget elementor-widget-text-editor\" data-id=\"12e31fe\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">You can register and self-board as a new POS agent on the FaziPay platform. Download <\/span><strong><a href=\"https:\/\/bit.ly\/fazipay\">the FaziPay app<\/a><\/strong><span style=\"font-weight: 400;\"> from Google Playstore and register to begin. After completing the onboarding process, you will pay N10,000 for managing the terminal. Then you can transact at the best rates. <\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-25446207 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"25446207\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-36185b21\" data-id=\"36185b21\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-79e62897 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"79e62897\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4280a05\" data-id=\"4280a05\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>According to NIBSS, the number of deployed POS terminals in Nigeria today has grown from 217,283 in December 2018 to 1,665,664 in 2022. That\u2019s over a 766% increase over five years. This statistic shows how common and lucrative the POS business has been over recent years. Today, there is hardly a community where you will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8346,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pagelayer_contact_templates":[],"_pagelayer_content":"","footnotes":""},"categories":[3,6],"tags":[],"class_list":["post-8349","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fazipay","category-pos"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How to Start a POS Business in Nigeria - FaziPay Blog<\/title>\n<meta name=\"description\" content=\"Knowing how to start a POS Business in Nigeria is a must-know for everyone who wants to start a POS Business or invest in one.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fazipay.com\/blog\/how-to-start-a-pos-business-in-nigeria-a-complete-guide\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Start a POS Business in Nigeria - 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