Kudi POS Machine: How much is Kudi POS machine, what are Kudi POS charges, and how to get Kudi POS. Seeking answers to that? Then this post is for you.
Recently, POS agents have been earning a lot of money as it is now the fastest way to access cash in Nigeria. Also, cashless payments are fastly coming to life for businesses and customers alike, as the FGN is rolling out the cashless policy.
All these have consistently increased the demand for POS. Due to that, more and more people want to become agents, as well as businesses want to get paid easily.
One such payment solution that has gained popularity among merchants and businesses is the Kudi POS. Its services also help agents make thousands of Naira on a daily basis.
In this post, we’ll explain everything about Kudi POS and how it works. Also, you’ll get to know the Kudi POS machine price in Nigeria, how to apply for Kudi POS, as well as the additional services offered by Kudi.
Without wasting time, let’s dive straight in!
About Kudi POS?
Kudi POS is a mobile point-of-sale (mPOS) solution that enables businesses to accept payments from customers using their debit and credit cards.
The solution is provided by Kudi Financial Services Limited, a Nigerian fintech company that is focused on providing financial services to the unbanked and underbanked population in the country.
Read Also: How to Get MoniePoint POS for Cheap Price
Why Choose Kudi POS Machine?
Some of the benefits of using Kudi POS include:
- Instant transaction confirmation
- Real-time reporting and analysis
- It has a user-friendly dashboard
- It is affordable
- Great customer support
- Secure and reliable transactions
Now that you’ve known why lots of people choose Kudi POS, let’s see how much is Kudi POS machine.
Related: How to Apply for Paga POS Machine
Kudi POS Machine Price
Applying for a Kudi POS is totally free. However, the price of Kudi POS machine is N25,000.
This is a one-time payment to get the Kudi Nomba POS machine. The machine usually comes with a free Kudi T-Shirt.
With that out of the way, let’s get started with the Kudi POS agent registration process.
Check Out: How to Get GtBank POS Machine for FREE
Kudi POS Machine Requirements
To be eligible for the Kudi POS machine application, you must meet some requirements. These include:
- An active Kudi account
- A valid bank account
- A valid Bank Verification Number (BVN)
- Valid means of identification such as a Voter’s Card, National ID Card, Drivers License, or International Passport
- A recent utility bill
- A passport photograph
Once you have all these ready, you can now proceed to apply for a Kudi POS machine.
How to Get Kudi POS Machine
Here’s a step-by-step guide to applying for a Kudi POS machine:
- Visit the Nomba website to create a Kudi account.
- Fill out the Kudi registration form and submit it
- Confirm your phone number and email through OTP
- Follow the Prompts to log in to your account
- On your sidebar, “Accept Payments”, and select the “Terminals” option
- Now, click on the “Request Terminal” option.
- Fill out the Kudi POS registration form, and then submit it for review
Once all this is done, the Kudi Nomba team will review your application. This usually takes anything from 24 to 48 hours. Keep in mind that they may approve or decline your request.
If it is approved, you will be given instructions on how to get your POS machine. However, you can reapply if your request was declined.
You can also apply for Kudi POS machine directly without performing any of the processes online. All you need to do is to find and visit a Kudi branch close to you or call their customer care, then provide them with all the requirements, and your request will be handled from start to end.
That’s all on how to get Kudi POS in Nigeria. Now, let’s see the charges of Kudi POS when you become an agent.
See Also: How to Apply for PalmPay POS for Free
Kudi POS Charges
Kudi POS charges per transaction is an average of 0.70%. That is, for every transaction performed using the Kudi POS machine, 0.70% will be charged from the money.
Keep in mind that this charge is applicable to withdrawals, transfers, and deposits. Also, no other hidden charges are applied.
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Kudi POS Machine – FAQs
Is Kudi POS machine free?
No, Kudi POS machine is not free. The price of Monie Point POS is N25,000.
Does Kudi pay their agent monthly?
Kudi POS agents make money daily from every transaction that they perform, and the money is automatically credited into their Kudi account.
What is Kudi POS withdrawal charges?
Kudi POS withdrawal charges for all transactions is 0.70%. However, note that it may go higher or lower depending on the amount of the withdrawal.
How do I become a Kudi POS agent?
To become a Kudi POS agent, you need to sign up on the Kudi website and provide the required documentation. Once your application is approved, you will receive training and support from Kudi through an aggregator that will be assigned to you.
How do I use a Kudi POS machine?
To use a Kudi POS machine, you need to connect it to the internet and follow the instructions on the screen. The device accepts payments through ATM cards and mobile payments.
Related: Paycenter POS Machine Price
How much is Kudi daily target?
Kudi POS doesn’t have a daily limit. Regardless of the amount of money processed, or transaction performed, you can still keep using the Nomba Kudi POS without restrictions.
What types of payments does a Kudi POS machine accept?
Kudi POS machine accepts payments through debit/credit cards and mobile payments.
Is a Kudi POS machine secure?
Yes, Kudi POS machine is secure as it uses advanced encryption technology to protect customer data and transactions.
Kudi provides a range of POS services that make cashless payments and financial transactions easy, secure, and accessible. Kudi POS machines are an affordable and convenient option for businesses looking to accept cashless payments.
Becoming a Kudi agent offers an additional source of income and access to Kudi’s suite of digital financial services.
With this post on how to become a Kudi agent, I believe you’ve known exactly how to get Kudi POS machine, and also the price of POS machine, as well as the Kudi POS charges.