Published: April 29, 2026 by Bello Ibrahim Olamilekan
POS still dey pay if you do am well. Many people need cash daily and banks dey far. With just ₦20,000 you fit start this business today.
₦10k for Opay/Moniepoint POS machine. Most companies give am free if you meet target. ₦10k for float/cash to start your transactions. That’s all you need.
Front of market, student area, bus stop, junction, anywhere with foot traffic. Waka round your area first. Avoid areas with 3 POS already. Competition go kill your profit.
₦100 charge per ₦5k withdrawal. If you get 30 customers daily = ₦3,000 profit per day.
Monthly = ₦90,000. This one pass many office worker salary.
Don’t depend on withdrawal only. Add these services:
Phone charging ₦100, data subscription, bill payment for DSTV/GOTV, betting account funding, airtime sales. Extra ₦1,000 - ₦2,000 daily sure for you.
⚠️ Warning: Never do transfer without seeing alert first. Scammers plenty for this business. Never give your POS machine to anyone to help you. Never leave am unattended. Start small, grow big, stay safe.
Final Tip: Be polite to customers. Smile always. Good customer service go bring them back tomorrow. Your POS na your shop.
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