{"id":8605,"date":"2023-06-05T07:39:04","date_gmt":"2023-06-05T07:39:04","guid":{"rendered":"https:\/\/infibranches.com\/blog\/?p=8605"},"modified":"2023-06-05T07:39:04","modified_gmt":"2023-06-05T07:39:04","slug":"10-businesses-you-can-add-to-pos-business","status":"publish","type":"post","link":"https:\/\/fazipay.com\/blog\/10-businesses-you-can-add-to-pos-business\/","title":{"rendered":"10 Businesses You can Add to POS Business"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"8605\" class=\"elementor elementor-8605\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1f439fe4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1f439fe4\" 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-768d073d\" data-id=\"768d073d\" 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-537579a elementor-widget elementor-widget-text-editor\" data-id=\"537579a\" 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;\">Since the Central Bank of Nigeria introduced the agent banking system in 2013, much mobile money or POS agents have sprung up. And it\u2019s a massive step to enhance the growth of financial inclusion in remote, unreached, underserved areas in Nigeria.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Local POS agents can complete both cash and non-cash transactions, including:\u00a0<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Cash withdrawal and deposit<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Money Transfer\u00a0<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Utility payments (Electricity, Airtime, Data, etc.)<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Cable TV payments (DSTV, GoTV, and StarTimes)<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Betting services<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">Apart from the regular POS services, FaziPay POS adds some unique services such as<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Insurance (Malaria, Health, &amp; Car)<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tax payment<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Transport and logistics<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Religious donations\u00a0<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">School Fees and other levies<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Solar sales (Outright, PayGo, and BNPL)<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">Starting a POS Business is also lucrative as you can <\/span><a href=\"https:\/\/www.vanguardngr.com\/\"><span style=\"font-weight: 400;\"><strong>make up to N10,000<\/strong><\/span><\/a><span style=\"font-weight: 400;\"> in profits. But what if you have other businesses that you already do? Can you still add POS to it? The answer is a simple yes, no matter the size of your business. So, what businesses can you add to POS business?<\/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-5b569d0c elementor-widget elementor-widget-spacer\" data-id=\"5b569d0c\" 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-16709ce8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"16709ce8\" 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-b75c776\" data-id=\"b75c776\" 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-7d53cb00 elementor-widget elementor-widget-image\" data-id=\"7d53cb00\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"668\" height=\"336\" src=\"https:\/\/fazipay.com\/blog\/wp-content\/uploads\/2023\/06\/10-Businesses-you-can-add-to-pos-business.jpg\" class=\"attachment-large size-large wp-image-8616\" alt=\"10 Businesses you can add to pos business\" srcset=\"https:\/\/fazipay.com\/blog\/wp-content\/uploads\/2023\/06\/10-Businesses-you-can-add-to-pos-business.jpg 668w, https:\/\/fazipay.com\/blog\/wp-content\/uploads\/2023\/06\/10-Businesses-you-can-add-to-pos-business-300x151.jpg 300w, https:\/\/fazipay.com\/blog\/wp-content\/uploads\/2023\/06\/10-Businesses-you-can-add-to-pos-business-570x287.jpg 570w, https:\/\/fazipay.com\/blog\/wp-content\/uploads\/2023\/06\/10-Businesses-you-can-add-to-pos-business-270x136.jpg 270w\" sizes=\"(max-width: 668px) 100vw, 668px\" \/>\t\t\t\t\t\t\t\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-f9e2055 elementor-widget elementor-widget-heading\" data-id=\"f9e2055\" 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\">10 Businesses to do with your 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-428bc085 elementor-widget elementor-widget-text-editor\" data-id=\"428bc085\" 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<h4><span style=\"font-weight: 400;\">1. Resell Solar products<\/span><\/h4><p><span style=\"font-weight: 400;\">As a POS agent, running solar product sales along your POS business is easy. You can begin to attract customers to your POS booth when you entirely run on solar power 24\/7.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Solar lamps, bulbs, and other devices can help you build customer trust. An excellent way to integrate solar sales with POS business is to register with FaziPay. Their POS has different payment options for buying solar.<\/span><\/p><p><span style=\"font-weight: 400;\">Moreover, FaziPay POS agents earn up to 5% of every solar sale as part of their monthly cashout. Why would you let such a chance pass you by?<\/span><\/p><h4><span style=\"font-weight: 400;\">2. Printing and Selling Recharge cards<\/span><\/h4><p><span style=\"font-weight: 400;\">One of the easiest businesses to run alongside the POS business is selling recharge cards. And you can even print these recharge cards and resell them to other vendors. Moreover, running these businesses requires a little space.<\/span><\/p><p><span style=\"font-weight: 400;\">A computer with airtime printing software, a portable printer, a bag, a chair, and a table are the essential items you need to start your business. Put these items together in a shop or kiosk and buy recharge card spins to begin.<\/span><\/p><p><span style=\"font-weight: 400;\">In addition, you will need suitable promotional materials and a good network of people. Also, remember to tell your customers about your other services, and your business can start.<\/span><\/p><h4><span style=\"font-weight: 400;\">3. Selling Data bundles<\/span><\/h4><p><span style=\"font-weight: 400;\">Smartphone users with Android and iPhones know the value of having data on their phones. As an everyday need, people are always looking for ways to buy the cheapest data possible, which is a business opportunity.<\/span><\/p><p><span style=\"font-weight: 400;\">You can buy bulk data from internet service providers and resell it to your customers who need them. Also, remember to promote this business around your POS business for extra income.\u00a0<\/span><\/p><h4><span style=\"font-weight: 400;\">4. Selling mobile phone accessories.<\/span><\/h4><p><span style=\"font-weight: 400;\">Another typical business that requires low capital, like POS business, is the sale of phone accessories. You could sell include charges, earpieces, cables, phone cases, screen guards, power banks, and other items.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">All you have to do is hang them for display in your POS shop for customers to buy. You can run and manage both businesses together.<\/span><\/p><h4><span style=\"font-weight: 400;\">5. Phone charging service<\/span><\/h4><p><span style=\"font-weight: 400;\">In addition to having a POS business, you can create a charging box for people\u2019s phones and devices. This business became a necessity due to the unstable power supply.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">This business that requires putting security plans in place is similar to a POS business. You must also be alert and restrict crowd access to lower the risk of theft or scam. Running both businesses is a sure way for extra income.<\/span><\/p><h4><span style=\"font-weight: 400;\">6. Food and Beverages<\/span><\/h4><p><span style=\"font-weight: 400;\">The sale of food and beverages is another opportunity to expand your POS business. For example, people coming to use your POS service wouldn\u2019t mind buying snacks and drinks.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">You don&#8217;t even have to make the snacks yourself; you can get an excellent confectionary to supply them. Examples include pies, egg rolls, plantain chips, doughnuts, buns, puff puff, popcorn, and even chinchin.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">As for drinks, you can sell Coca-Cola, Pepsi, La Casera, and Bigi products, including bottled and sachet water. Local organic drinks like kunu, nunu, and zobo can also sell fast in some localities.\u00a0<\/span><\/p><h4><span style=\"font-weight: 400;\">7. Open a Business center.\u00a0<\/span><\/h4><p><span style=\"font-weight: 400;\">You can open a typical business center offering printing, scanning, and photocopy services alongside a POS business. The printing business never goes old if you get an excellent locality where the service is needed.<\/span><\/p><p><span style=\"font-weight: 400;\">Good locations for this type of business include colleges, polytechnics, universities, marketplaces, shopping malls, and secondary schools. However, a kiosk may not be enough to combine both businesses; you will need a shop.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">It will be great if you have word processing skills, but you can also hire someone who does. In addition, you can add online registration and result-checking for school admissions, jobs &amp; training to your services.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Meanwhile, online registration and result checking services may involve selling appropriate cards. So, prepare to sell WAEC, NECO, or JAMB cards. Once you are set, you can start making money.\u00a0<\/span><\/p><h4><span style=\"font-weight: 400;\">8. Resell DSTV, GoTV, or StarTimes decoders<\/span><\/h4><p><span style=\"font-weight: 400;\">Nigerian families love entertainment, so selling cable TV decoders is another lucrative business to add to the POS business. On the other hand, the producing companies are willing to partner with existing businesses.<\/span><\/p><p><span style=\"font-weight: 400;\">Apart from selling the decoders, a POS agent may also help people renew their cable TV subscriptions. Most importantly, people must trust you in getting them connected to their favorite movies or sports programs.<\/span><\/p><h4><span style=\"font-weight: 400;\">9. Tailoring and other craft businesses<\/span><\/h4><p><span style=\"font-weight: 400;\">Having a craft is another option to add to your POS business. For example, barbers, tailors, mechanics, and food vendors can open a POS business as a side hustle. Practically, any craft that affords you time and space can work.<\/span><\/p><p><span style=\"font-weight: 400;\">Moreover, whatever you make from your other business only becomes an addition to your POS business income. And if you register with a company like Infibranches, you can be sure of multiple opportunities for more income.\u00a0<\/span><\/p><h4><span style=\"font-weight: 400;\">10. Provision stores or mini-marts<\/span><\/h4><p><span style=\"font-weight: 400;\">You should not rule out provision business if you seek to add another business to your POS business. Moreover, having a preexisting business similar to a POS or a mobile money agency makes it much more manageable.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">On the other hand, you can partner with any existing provision store or mini-mart to start your POS business. All that is important is a will to solve a problem with your POS business idea.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">In the long run, you can help expand financial inclusion in your locality. Moreover, you can save your customers the time it takes to queue up at ATM points to withdraw. While you serve them, you also earn commissions that you can cash out monthly.<\/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-4070304b elementor-widget elementor-widget-spacer\" data-id=\"4070304b\" 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-48b02884 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"48b02884\" 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-5ce6fc57\" data-id=\"5ce6fc57\" 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-a7058c7 elementor-widget elementor-widget-text-editor\" data-id=\"a7058c7\" 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;\">One can run other businesses alongside POS business and make extra profit. We have only stated the ten most common ones. So, free to diversify your options with whatever works for your locality based on needs. For example, a POS agent can help people open accounts with certain banks. And that is another opportunity to expand your business. Now you know about at least ten lucrative businesses you can add to your POS business for extra profit.<\/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-314b53fe elementor-widget elementor-widget-spacer\" data-id=\"314b53fe\" 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<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Since the Central Bank of Nigeria introduced the agent banking system in 2013, much mobile money or POS agents have sprung up. And it\u2019s a massive step to enhance the growth of financial inclusion in remote, unreached, underserved areas in Nigeria. Local POS agents can complete both cash and non-cash transactions, including: Cash withdrawal and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8616,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pagelayer_contact_templates":[],"_pagelayer_content":"","footnotes":""},"categories":[3,4,77,6],"tags":[],"class_list":["post-8605","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fazipay","category-financial","category-investment","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>10 Businesses You can Add to POS Business - FaziPay Blog<\/title>\n<meta name=\"description\" content=\"This article introduces you to extra 10 businesses you can add to pos business. 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