PayForce POS (charges, Machine Price, daily limit)

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Payforce POS Machine is one of the best to use for business in Nigeria at the moment. This post will show you everything you need to get Payforce POS, the price, daily target, Withdrawal charges and more.

Payforce POS price

How much is payforce pos machine? Payforce would only charge you N20,000 to get its machine. This is a precautionary fee and is meant to make you handle the device with care.

Requirements

The only requirements are an ID card (national ID card, Driver’s license, Voter’s card, or international passport), a Nepa bill, and a passport photo. Payforce POS requires the above plus a cautionary fee.

Payforce POS Charges

Payforce charges N5 for each N1000 withdrawal (limited at N100 for withdrawals over N20,000) and N25 for each deposit of any amount.

The breakdown of pay force pos are as follows:

N1000 – N5

N2000 – N10

N3000 – N15

N4000 – N20

N5000 – N25

N6000 – N30

N7000 – N35

N8000 – N40

N9000 – N45

N10,000 – N50

N11,000 – N55

N12,000 – N60

N13,000 – N65

N14,000 – N70

N15,000 – N75

N16,000 – N80

N17,000 – N85

N18,000 – N90

N19,000 – N95

N20,000 – N100

N100 is added to any sum over N20,000 (even though it is N600,000)

Note that you also receive a 10% commission (cashback) on every Payforce POS withdrawal.

Payforce only charges N25 for each and every deposit. Regardless of the amount

Is there a tax on Payforce POS?

No stamp duty applies to Payforce POS. The federal government charges an additional N50 in stamp duty on any withdrawal or incoming transfer of N10,000 or more. This sum has not been deducted from Payforce.

How do I get Payforce POS?

To become a Payforce agent, you must download the Payforce app from the Google Play Store and register using this aggregator

How to establish an account with Payforce

Agents must download the Payforce application

Register with a username of your choosing.

Complete the form with all the required information.

4. Upload KYC and BVN verification documents

5. Wait for additional details from your Aggregator

Then, after receiving the activation notification, log in and initiate transactions.

What percentage does Payforce offer on services?

Here are the commissions Payforce will pay you as an agent when you purchase airtime, pay for a customer’s television subscription, or pay their electricity bill.

MTN 2.8% commission

Glo  3.80% commission

Etisalat  3.30% commission

Airtel 3.80% commission

TV subscription

Commission DStv N60.

GOtv N60 commission.

IKEDC 1.7% of value plus commission of N50

PHEDC 0.8% of value in addition to N50 commission

ENUGU POSTPAID 0.8% of value plus N50 commission

IBEDC 1.8% of value plus commission of N50*

1.8% of value plus N50 Commission for KEDCO

Why does Payforce require a BVN?

The Bank Verification Number is used to check that the given personal information is valid for the CBN-required KYC documents.

How to load money into your Payforce wallet

To fund/credit your Payforce account, please follow the steps outlined below.

1, Launch the PayForce app

2. Select FUND WALLET

3. Select Bank Deposit.

4.Your PayForce deposit account information will be displayed.

Transfer to the displayed account number to quickly fund your wallet.

How do I report a problem with the Payforce POS or platform?

Unfortunately, Payforce does not yet offer a complaint page for failed transactions; in the event of a dispensing problem, the customer must contact their bank.

How to conduct a cash deposit using Payforce POS

Deposits of Cash (Transfer of Funds): This is a standard bank-to-bank transfer.

Sign in to the APP.

2. Select cash deposit.

3. Type the amount

4. Choose a bank

5. Type in the account number

Enter a telephone number

7. Commence narrative

8. Select money transfer

How do I access my Payforce dashboard?

Through the Payforce mobile application, you may access your dashboard.

What are the capabilities of a Payforce POS machine?

Here are some services available on Payforce POS systems:

Withdrawal of Cash Fund Transfer Instant Settlement Utility Bill Payment

How do I improve my Payforce KYC level?

To update your KYC on the Payforce app, click the settings icon in the app’s lower-right corner as soon as you log in. On the shown page, you will find UPDATE KYC. There, you may update all of your KYC details to make your account active and completely functional.

How to record debit or disbursement errors on Payforce

Sign in to the APP.

2. Select Settings

3. Click on distribute error refund

4. Provide all essential details

5. Click the submit button

How to report a problem with electricity bill payment on Payforce

Register for the APP
2. Choose your favourite Disco
3. Type in the amount
4. Enter the metre number 5. Enter the phone number 6. Enter the narrative 7.
How to Record Cable TV Problem on Payforce

Sign in to the APP.

2. Choose your desired cable TV service

3. Choose your desired package

4. Enter the number on the smart card or IUC

5. Provide a phone number

6. Commence narrative

7. Select cable TV

How safe is Payforce POS and where is its headquarters?

Payforce is authorized by the Central Bank of Nigeria (CBN) to provide agency banking services, and they have a lengthy history in the agency banking industry.

Why do so many individuals enjoy Payforce POS?

People choose Payforce POS because they are built on the latest technology.

Fair and dependable price and commission
Excellent network dependability prompt payment
Excellent client service

Is there a Payforce mobile app?

Yes, you can download the application by visiting Google Play or Apple iTunes on your iPhone. simply look for Payforce Mobile

Does Payforce have a physical office?

Yes, Payforce’s headquarters are located at Plot 265, S.E. Asebe Street, Mabushi, Abuja. Visit the Payforce website at https://agent.payforce.network/ for further information. Or Contact their Customer Care

Conclusion

Obtaining Payforce POS is simple, and it is a POS that can be obtained quickly if you are just beginning your POS firm.

If you require assistance, you can always reach me via WhatsApp at 08101409501. Always available to assist

All rights reserved. Do not copy, rewrite or republish this content, in part or in whole, without proper credit to the source.

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About the Author: Femi Olawole

Femi Olawole is a seasoned blogger with interest on providing helpful Contents on online loan apps, Tech and Business.

10 Comments

  1. Good day, Please I need payfroce POS terminal, l leaves in port Harcourt, how can I Get it…

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