How to: Apply for OPay POS in Nigeria; OPay POS Charges; FAQs

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As an OPay agent, you are handed an opportunity to become a “mini-bank” for your immediate neighbourhood. OPay, as described in another article, is a fast-rising Fintech company in Nigeria. They are leading in many areas, agency banking is one of them. Later, you can go over the OPay Agent guide. This article is a guide on how you, an Opay agent, can get/apply a POS (Point of Sales) terminal for withdrawal, transfer, deposit, and so on in Nigeria. With this, you can generate more income as an agent in your neighbourhood.

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Once you successfully sign up to become an OPay agent on the OPay Agent Portal, you can then apply for a POS terminal/machine.

How Do I Qualify to Apply for an OPay POS in Nigeria?

  1. Agents must be familiar with the transaction patterns and user interface of the app. So, you must be able to perform multiple transactions using the OPay App.
  2. Complete high volume of transactions within four weeks of using the OPay App.

How to Request an OPay POS Machine?

To successfully request for OPay POS machine, follow the 3-step procedure outlined below.

Step 1: Upgrade KYC to Level 3

First, you must first upgrade your KYC level to ‘Merchant Level’ (level 3) to be eligible.

To upgrade your OPay Profile to KYC Level 3, follow the following steps:

  1. 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 (PHCN bill, water bill, rent receipt, LAWMA waste bill)
  7. Upload your BVN
  8. Submit

***It takes 24-72 hours for OPay Team to review and approve/decline your KYC. You will get email and SMS notifications once your KYC is approved.

Step 2: Switch Profile to Merchant

Once the profile is upgraded to KYC 3, follow the following guidelines to switch your profile to Merchant:

  1. Go to ‘Me’
  2. Click the picture icon (top left) to go to Account Details
  3. Click Upgrade to Merchant
  4. Fill your Business Information (Name of business, address, etc) and click Next
  5. Fill the required information
  6. Click Upgrade

***The Opay Team has to review and approve/decline your request

Step 3: Merchant Apply

Once you have upgraded to KYC level 3 and you have switched your OPay profile to Merchant, you can now go to ‘Merchant Apply’.

Below is a simplified process flow on how to successfully go to ‘Merchant Apply’ and request or apply for an OPay POS Machine in Nigeria.

  1. Log in to the OPay app on your device.
  2. Choose the ‘Merchant Apply’ opay-pos-merchant-apply-banknaijaicon
  3. On the next page, enter all necessary information as requested
  4. Upload your transaction history for the past 3 months
  5. Upload a valid ID Card (Intl Passport, Voters’ Card, National ID or Driver’s License)
  6. Take a snapshot of you business station and upload to the portal
  7. Submit for review

***The Opay Team reviews and approve/decline your request

FAQS

Where and How Do I Download the Opay App?

  1. For Android, you can download the Opay App on Playstore using this LINK
  2. For iOS, you can download the Opay App on Apple Store using this LINK

How Much to Apply for an OPay POS Machine in Nigeria?

The OPay POS application is ABSOLUTELY FREE. Although, the latest official POS prices for OPay POS machines are N50,000 for OPay Smart POS, N35,000 for OPay Traditional POS, and N8,500 for OPay Mini POS.

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After I apply, when will I get the OPay POS?

Turn-around time for pending OPay POS requests is 24 hours. This means if you apply for an OPay POS Machine in Nigeria at 2 pm today, you can have it before 2 pm tomorrow. You will get an SMS/Email once it is approved or declined.

What are the OPay POS charges and commission structure?

Opay POS charges and commission structure vary by the volume of the transaction done via the terminal.

What if I have an issue with the POS device afterwards?

Once your request for the POS terminal is approved, you will be contacted by the support team in charge of agents about the pick-up of the POS device for immediate use. An engineer will also be assigned to tend to you and other OPay agents in your area. Business has started.

For issues and inquiries on any of these steps, contact OPay via email on [email protected].

62 Comments
  1. ayeni sunday says

    Apply for an OPay POS in Nigeria

    1. Theophilus says

      How can I get it

      1. atiyeye andrew says

        Please i opay machine how do I get it

        1. Gbenga says

          It’s in the article

        2. Inya Vincent says

          How do I get opay POS in Abakaliki

    2. Ndubuisi peace says

      I need a pos terminal

    3. Anonymous says

      How can I get it

      1. Adenike Adetokun says

        Thanks for this article

    4. Chiemeka earzele says

      I want to request for POS
      Opay how much is it

    5. Anonymous says

      How do I get opay terminal in Ilorin

  2. adenike Rihanat says

    I need it

    1. Bala danjuma says

      I need an opay pos

      1. Sandy says

        Thanks, this was helpful

    2. Ikechi Hygienist N. says

      I need opay terminal

  3. Abe Isaac says

    I need Opay pos

  4. Amoo Femi says

    I’m unable to upload my bank statement

    1. Olla sunkanmi gold says

      I need pos machine

  5. nwimene Nuatorbarinaale says

    i need opay pos

  6. Ndubuisi peace says

    I need a pos terminal

  7. Anonymous says

    I need opay Pos.

    1. Anonymous says

      I need opay POS machine

  8. Usamatu says

    I need opay POS

  9. Gbemisola says

    I need opay POS machine

  10. Dolapo says

    I need a POS …I followed the procedure on the app …but I didn’t see .more’’pls help me

    1. Gbenga says

      Hi Dolapo,

      The article has been updated in line with the OPay App’s new interface. Simply follow the procedure as in the article to register as an OPay agent.

      Note: You must be on Level 3 KYC to be eligible to be an OPay POS agent.

      Hope that helps.

  11. Nwaoha maryann says

    I need an Opay POS machine, how can I get it and how much is the cost

    1. Gbenga says

      Simply follow the steps in the article up here. Procurement is FREE, however, you have to pay a reufundable ‘caution’ fee of N20k

      1. Awoleye Seun says

        I want to get opay POS..pls how will I go about it oo

    2. Victor Juliet says

      I need POS machine please

  12. Anonymous says

    I need pos pls

  13. Joy says

    Please i nee op pos how much is it

  14. Ogele mary Onyinyechi says

    I need opay POS machine urgent

  15. Treasure Demesi says

    Pls I need opay pos machine how can I get it and the prices

  16. Treasure Demesi says

    Pls I need o pay machine urgent

  17. Nancy says

    Pls how can I download the app

  18. Susan says

    I just downloaded d app I fill it but I don’t no what to do again and how can I get kyc 3

    1. Gbenga says

      Hi Susan,

      View the procedure here. Also read the article for latter steps.

      1. Anonymous says

        Some one is asking for 60k for the Opay pos but that it’s refundable, pls how true is this

        1. Gbenga says

          Hi,

          I’ve not seen this anywhere. I’d advise you speak directly with the Opay team for further clarifications – their contact details are in the article.

  19. […] merchant that uses Point of Sale (POS) machines as their main device for collection. Just like OPay, Access Closa, UBA Moni, and so on, POS devices are deployed to agents who have been vetted in a […]

  20. Rasheed azeezat says

    I need pos terminal

  21. Rasheed azeezat says

    I need pos terminal

  22. Adeleke says

    I need pos terminal

  23. Anonymous says

    I need post terminal

  24. Sunday Felix nwangbo says

    I need post terminal

  25. Zannu Temitayo says

    Pls I need pos

    1. Samuel Gomez says

      I need a pos

    2. Gafar wasiu says

      I need pos machine

  26. Moses oseni says

    How will I get opay mini pos and how much it’s it where can I get it am in Abuja
    What is the charges of mini pos
    It’s print receipt.
    More detail about it
    please

  27. Elizabeth John says

    Pls how can I get opay Pos terminal for business, am in Lagos state

    1. Gbenga says

      Kindly refer to the article. Thank you,

  28. Osaro Williams says

    Fantastic bank help me with money
    I really want to use the money

  29. Abosede Adedoyin says

    I want to get opay pos

    1. Abbey says

      Am in Obada, Abeokuta. After applying for d POS online, where is d nearest office to collect it

  30. Amo Solomon says

    I need opay POS

  31. Muhammad Usman says

    How can I get 1 usd

  32. Izzy says

    Nice and comprehensive

  33. Yunusa Musa says

    I have made the necessary documentation as stated in the article and paid a caution fee of 20000 into opay account .
    I was requested to pay another 50000 into an account allegedly opened for me with my phone number. Please should I pay the money?

  34. Tosin says

    I need a pos pls

  35. Favour says

    I want to buy Opay pos machine,where can I get it and how much is it Am in Lagos state

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