They were asking me for advice on businesses they could start to support their education and reduce the financial pressure on their sponsors.
It reminded me of my time as a student when I was always looking for ways to make life easier for my family.
I shared some ideas with them, and one of the options I strongly recommended was the POS business.
Many students don’t realize that running a POS business on campus or nearby areas can be a good way to make steady income.
After all, students, lecturers, and residents often need quick access to cash or want to make transfers without visiting the bank.
While discussing this, they asked me for specific recommendations, and I suggested two reliable options: Opay and Moniepoint POS machines.
Why Moniepoint POS?
Moniepoint POS is one of the best options out there. It’s reliable, fast, and widely used across Nigeria.
If you’ve ever tried withdrawing money from a slow POS machine, you’ll understand how frustrating it can be. That’s why I recommended Moniepoint—it’s built for speed and efficiency.
Besides, their support system is excellent. If there’s ever an issue, their customer service is always ready to assist.
But as expected, the students wanted to know how much Moniepoint POS costs. I wasn’t surprised; it’s the first question most people ask when they’re considering starting a POS business.
How Much is Moniepoint POS?
The latest information: The Moniepoint POS machine costs ₦23,000. However, there’s an additional ₦1,000 fee for the ATM card that comes with it, making the total cost ₦24,000.
I got this information directly from Moniepoint as an aggregator, so it’s up-to-date and reliable. Once you make this payment, you’re good to go.
The process of getting the machine is straightforward, and you can start your business as soon as you receive it.
Why I Recommend Moniepoint POS to Students
When starting any business, especially as a student, you need something that doesn’t require huge capital and has the potential to generate steady income. That’s where Moniepoint POS comes in. Here are some reasons why I believe it’s a good option for students:
1. Low Startup Cost: For ₦24,000, you’re getting a fully functional POS machine that can handle withdrawals, deposits, and transfers. Compare this to other businesses that require much higher startup capital.
2. High Demand: On campuses and in surrounding areas, the demand for POS services is always high. Many people prefer using POS agents for quick transactions instead of going to the bank.
3. Flexibility: Running a POS business allows you to balance school and work easily. You can operate during your free time or hire someone to help when you’re busy with lectures.
4. Profitable: Even small charges like ₦100 or ₦200 per transaction can add up to a good income when you serve many customers daily.
My Experience with Moniepoint
As a Moniepoint aggregator, I’ve seen firsthand how this platform helps people succeed. When I recommended Moniepoint to the students at Federal Polytechnic Oko, I explained that the machine is not just about the price; it’s about the value it delivers.
The students were excited and eager to get started, and I could see how much they wanted to ease the burden on their families.
One of the students, named Chinedu, asked me if Moniepoint POS is better than others like Opay. I told him that both are good, but Moniepoint has a solid reputation for being fast and reliable, which is very important when dealing with customers. Nobody wants to lose a customer because of delays or errors during transactions.
How to Get a Moniepoint POS Machine
Moniepoint POS machines registration is not a difficult process and if you are thinking of acquiring this machine, follow these steps:
1. Contact Any Moniepoint Aggregator: Go to any Moniepoint aggregators like me and start your registration. Contact me on Whatsapp now with this number 07025557344
2. Provide your details: Your details such as; Name, phone number, the location of your Business and NIN will be needed for the registration.
3. Pay The Fee: As soon as your registration is confirmed, 24,000 naira enables you to get your machine.
4. Go Through Training: After all payment has been made, Moniepoint bank will a brief training to show you how to operate the machine. You can then start serving customers as soon as the machine is activated.
Conclusion
Moniepoint is a reliable POS machine service and the fees required are very affordable to every student. For instance, with twenty-four thousand naira, you are bound to acquire a working Pos machine and start making profits.
I believe I was well placed to provide guidance to the students of Federal Polytechnic Oko as I talked with them and focused on their interest areas. If you are reading this and want to start your own business, do not hesitate and search for the POS business. It’s easy, it’s beneficial, and it’s versatile - ideal for students like you.
Moniepoint agents or other aggregators such as myself can provide further clarification so feel free to contact them.
The first thing I would like to wish you as you start this step is all the best.
