Step-by-Step Guide On How To Get A OPay POS

Opay POS machines are compact, lightweight devices that enable merchants to accept cashless customer payments. These machines support a range of payment methods, including debit and credit cards, mobile money, and QR code payments.

Several types and models of Opay POS machines are available, each with its own features and capabilities.

Types of Opay POS Machine

There are mainly three types of Opay POS Machine, and they include:

1. Opay Smart POS Machine – A terminal card works on an android system.
2. Traditional Opay POS Machine – It is the first type of POS machine on Opay
3. Opay Mini POS Machine – This is the most portable and durable type.

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

1. The app’s transaction patterns and user interface must be familiar to the agents. As a result, you’ll need to be able to use the OPay App to complete multiple transactions.
2. You’ll have completed many transactions within four weeks of using the OPay App.

How To Get A POS Machine From OPay?

Follow the procedure outlined below to request an OPay POS machine successfully.

Your KYC level must first be upgraded to ‘Merchant Level’ (level 3) to be eligible.

Follow these steps to get your OPay Profile upgraded to KYC Level 3:

1. Go to the ‘Me’ section.
2. To access Account Details, click the picture icon (top left).
3. Upgrade to Level 3 by clicking Upgrade.
4. Upload a photo of yourself.
5. Upload a valid identification card (international passport, voter’s card, national identification card, or driver’s license).
6. Please attach a recent utility bill (PHCN bill, water bill, rent receipt, LAWMA waste bill)
7. Submit your BVN.

Note: 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 in your Business Information (Name of business, address, etc.) and click Next
5. Fill in the required information
6. Click Upgrade

Note: The Opay Team has to review and approve/decline your request.

Step 3: Merchant Apply

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

Below is a simplified process flow on successfully going to ‘Merchant Apply’ and requesting or applying for an OPay POS Machine in Nigeria.

1. Log in to the OPay app on your device.
2. Select the ‘Merchant Apply’ option.
3. Fill out all of the requested information on the next page.
4. Upload your transaction history for the last three months.
5. Upload a valid ID card (International Passport, Voters’ Card, National ID, or Driver’s License).
6. Please take a photo of your business station and upload it to the portal.
7. Submit for review

Opay POS Charges

Opay POS charges could range from 0.5% to 0.6% per transaction. Using the Opay Mini POS, you can enjoy charges of as low as 0.5%.

However, the initial charge per transaction is 0.6% and then 0.5% after upgrading to Preferred Merchant status.