Palmpay pos (Price, Charges, and Commission) 2022 Update
Palmpay pos Price, Charges, and Commission 2022 Update
Palmpay POS is presently a popular POS terminal for agents in the Nigerian market because it's so cheap to acquire and use. Like The cost and possible charges of a Palmpay POS machine.
Are you interested in getting a Palmpay POS Machine in Nigeria? This guide will help you with all the questions you might have about the possible cost and charges of a Palmpay POS Machine.
The business environment in Nigeria has boomed to a two-part market, as many Nigerians are taking advantage of it because of the profits it can generate. Numerous Nigerian POS businesses can be found aside from Palm Pay, such as GTB POS, Kudi POS, Opay POS, and Moniepoint POS.
Palmpay doesn't just supply a point-of-sale system, but it also offers payment capability, a bill payment system, and provides cashback to shoppers and subscribers. Palmpay is a Mobile Money Operator (MMO) authorized by CBN. The owner and creator of Palmpay is Trassnet.
Features of Palmpay pos machine
Cash withdrawal
Fund Transfer
Payment of Utility Bills
Check customer’s Account balance with their ATM Card.
Type of Palmpay pos machine
Palmpay has 2 different types of pos machine which is the android and the aanlog version. the prices of these two pos are different but they both offer the same services Requirements to get Palmpay pos machine
Reqiremnt of palmpay pos
Valid ID card (National ID card, Driver’s license, Voter’s card, or international passport)
Nepa bill, and passport photograph.
Business License (For Registered business only)
Valid BVN
Valid Account Number
Proof of a space to set up your POS business
How to get palmpay pos machine
Palmpay pos charges and commission 2022
palmpay charge as low as 0.5% and 100 Naira flat for withdrawal while 20 Naira flat for deposit of any amount
Palmpay pos Daily Target
Just like other pos machine like opay, Moniepoint, Dotpay and the res, Palmpay is also a target pos which is 30k daily. Failure to meet the target will lead to account Blocking
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