Firstmonie POS machine ( Charges Commission and Service)

Instantreviewng Reply August 15, 2022

Firstmonie POS machine ( Charges Commission and Service)

firstmonie pos
The First Monie pos is an agency banking service owned by First Bank Nigeria to ease the day-to-day transactions of people. The First Monie now operates an instant settlement service that enables the agent to cash out on the same day. The best part of the Pos is that it is given to their agent for free once they meet the bank transaction expectation after registration 

Charges and Commission of First Monie pos

The commission is paid to the agent at the end of the month unlike fintech pos like Opay the pays commission instantly and also charges been debited from the customer's account which will be shared between Firstmonie and the agent 

Features of First Monie POS by FirstBank 

  • Open a FirstBank Nigeria account
  • Deposit money into your bank account
  • Withdraw money from any bank of your choice
  • Transfer money to any bank in Nigeria
  • Pay bills
  • Purchase airtime
  • BVN enrolment

Requirements of Firstmonie Pos by First Bank


  • Own an existing pos stand
  • Download the first monie app from the app store
  • Visits any first bank branches
  • Meet the pos marketer for registration
  • Fund the first monie wallet with 20k 
  • Transact with the app for a certain duration
  • A call will be put through to you to come to get the pos 

Advantages of Becoming a Firstmonie Agent in Nigeria

  • Self-registration within minutes.
  • Free POS terminal when you onboard as a Firstmonie Agent.
  • Instant credit and settlement for transactions processed on your First Monie POS.
  • Quick access to working capital support.
  • Comprehensive insurance for you as a First Monie POS Agent and your workers; priced at the cheapest rate.
  • Opportunity to join the largest First Bank POS Agent network in Nigeria.

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