How to get Opay POS machine for free

How to get Opay POS machine – Are you a business owner whether big, small or medium, I want to show you how to get POS machine from opay without any hassle.

It is important as a business owner to have a POS machine in order to ease transactions for your customers, that is why in this article, you will find out how to get Opay POS machine for free.

Let’s get started…

Benefits of using OPay POS machine

1. Cash withdrawal.
2. Fund transfer.
3. Instant settlement.
4. Check customers’ account balances.
5. Payment of utility bills.

How to Register as an OPay Agent.

If you are already an OPay app user and you want to become an agent, all you need to do is to upgrade your KYC level from KYC 1 to KYC 2. To do this, you need to provide your BVN, gender status, date of birth, and state of residence.

To upgrade from an OPay user to an agent via the app:

• Open the OPay app.
• Tap on Account and tap on your current KYC level just below where your name appears on the app.
• Then click on Upgrade to an agent.
• Once successfully upgraded to the KYC2 level, you will become an OPay agent.

But if you are applying afresh to be an OPay agent, you can follow these steps or read our article on how to open Opay account without any hassle.

1. Go to the OPay website and click ” Merchants ” in the website title bar.
2. Click on “Create an Online Merchant Account” if you want to sign up as a regular online agent without a POS machine, or click on “Create a POS Merchant Account” if you want to get the POS machine.
3. Fill out the forms as required for both categories of applications.
4. Alternatively, you can go to Google Play Store or the Apple App Store and download the OPay app. Then, follow the instructions to register your account.
5. After setting up your account, email [email protected] and request an OPay merchant registration form.

Requirement To Get OPay POS Machine.

• Your Bank Verification Number (BVN).
• A utility or another bill dated no later than three months before merchant registration as proof of your address.
• Copy of your national ID card, driver’s license, or international passport.
• 1 passport photo.

How To Get OPay POS Machine

Having upgraded to KYC level 2 earlier, you need to move to level 3 when applying for a POS device. Follow these steps:

1. Open your OPay app and go to “Me”.
2. Click the picture icon (top left) to go to Account Details.
3. Click Upgrade to Level 3.
4. Upload your picture.
5. Upload a valid ID card (Intl passport, voters card, national ID, or driver’s license).
6. Upload a recent utility bill.
7. Upload your BVN.
8. And Submit.

The OPay team will review and approve your KYC upgrade within 24 to 72 hours. And you will get email and SMS notifications to that effect.

The OPay POS terminal application is free. However, you must retain at least a N20,000 caution fee in your OPay Wallet. Once your POS request is approved, the caution fee will be debited from your wallet and refunded only when you, as an agent return the POS terminal to the company.

Recommended:

• How to transfer money from Opay
• How to borrow money from Opay
• How to activate Opay card
• How to block Opay account
• Opay customer care service number, email and office location

How much is OPay POS machine

The OPay POS application is free. Although you must retain at least N20,000 in your OPay Wallet, it’s called a caution fee. Immediately the POS request is approved, the caution fee is taken from your wallet. The N20,000 will be refunded only when the agent returns the POS terminal.

How long does it take to get OPay POS?

Within 72 hours, all OPay POS requests are examined and processed. Once your POS terminal request has been authorized, the agent support team will call you to tell you of the best available day for you to pick up the POS terminal.

OPay transfer charges

1. For withdrawals below N20,000, OPay charges 0.5% of the transaction amount.
2. For withdrawal above N20,000, OPay charges a flat rate of N100.
3. For deposit from N5000 and below, OPay charges a flat rate of N10.
4. For deposit from N5,001 to N10,000, OPay charges a flat rate of N20.
5. For transfer above N10,000, OPay charges a flat rate of N30.

OPay POS commission structure for Data Top Up

• MTN = 3% commission
• Glo = 4% commission
• 9Mobile = 4.5% commission
• Airtel = 4% commission

OPay POS commission structure for TV Subscription

• DStv = 2% commission
• GOtv = 2% commission
• PHCN = 2% commission
• StarTimes = 2% commission

How much does OPay charge per transaction?

• For withdrawals below N20,000, OPay charges 0.5% of the transaction amount.
• For withdrawal above N20,000, OPay charges a flat rate of N100.
• For deposit from N5000 and below, OPay charges a flat rate of N10.
• For deposit from N5,001 to N10,000, OPay charges a flat rate of N20.
• For transfer above N10,000, OPay charges a flat rate of N30.

How to Fund your OPay Wallet

You can fund your opay wallet using two methods after downloading the app. You can use either ATM, USSD code, cash deposits, QR scan code or your bank app.

ATM method:

• Go-to balance
• Click on Add Money
• Select Add new payment options
• Click on the card icon
• Input your card details
• You’ll be redirected to the authorization page for you to input OTP and you’ll be credited.

Bank app method:

• Open your bank app
• On the list of banks, select paycom or OPay.
• Input the amount you
• USSD code method
• Open OPay app
• Click on add money
• Click on bank USSD
• Select bank and enter amount
• Dial the USSD code to add funds

Note: USSD code invalid after 5 minutes

Cash deposits method:

• Give cash to POS agent and ask for cash transfer to your OPay account
• Confirm your account has been funded

QR scan code method:

• Visit the nearest OPay user/merchant and ask them to scan your QR code with there OPay app or OPay POS.

How to Withdraw from your OPay Wallet

OPay users can utilize an OPay agent to either transfer money from their OPay wallet to their bank account or withdraw cash.

OPay agents are OPay representatives who assist consumers with OPay transactions. You must visit an OPay agent nearest to your residence and transfer monies from your OPay wallet to the OPay agent’s OPay wallet.

Once the transfer is complete, the OPay agent will give you the cash equivalent of the funds deposited to his OPay wallet.

Withdrawing funds from your OPay wallet with the assistance of an OPay agent may incur fees.

If you have any question, please feel free to make use of the comment box that is below the page, your queries will be answered as soon as possible.