Financial services have undergone a significant transformation. One such development is the rise of Point of Sale (POS) systems. They have revolutionized the way businesses handle transactions. Nomba Financial Service is at the forefront of this revolution.
It offers individuals and businesses the opportunity to become POS agents. But what exactly is Nomba Financial Service, and how can you get a POS and become an agent?
How to Become Nomba Agents
Becoming an agent with Nomba is easy. You only need a functional Android phone and internet access to download their app. Basically, on acquiring those, follow these steps:
1. Becoming an agent by merit
- Download the Nomba app from the google play store
- Install and launch the application on your android phone
- Sign up using your phone number and connect the app with your bank account
- Transact using the Nomba app
- Use it consistently for basic bills like electricity, airtime recharge, and TV subscriptions.
- After about two weeks, Nomba would message you about your eligibility to receive a free POS
2. Becoming an agent through payment
On the flip side, you can choose to skip the process of using the app for a while and pay for your own POS machine instead. Follow the steps below:
- Visit the nearest Nomba office to you
- Get the form from their agent, fill and submit it
- Make a payment of N20,000 to the office (money is nonrefundable)
- They would review your application and release a POS to you instantly
How to Get Nomba POS
To get a Nomba POS:
- Download the Nomba app: From your smartphone’s app store.
- Register: Create an account in the app with your details.
- Verify your account: Provide a verified ID, utility bill, and BVN for verification.
- Request a POS machine: Through the app, request a POS machine.
- Receive the POS machine: After approval, you will receive your POS machine.
With this, Nomba currently offers one of the best rates, making it very profitable for Nomba POS machine agents.
What Transactions Are Covered Under Nomba POS?
Firstly, know that you would receive a discount per transaction as an agent on the platform. Also, you would accumulate points as you transact more and these points are converted to cash. The POS machine allows you to carry out the following transactions with or without a card:
- Card cash withdrawals
- TV subscriptions
- Electricity bill payments
- Data purchase
- Airtime purchase
- Selling airtime directly to the Nomba platform via a code
What Products Does Nomba Offer?
At the moment, Nomba offers the following products:
1. Nomba chatbot
Nomba Chatbot ensures you are never alone when using the Nomba platform. It allows you to ask general questions. It allows you to ask about specific issues you’re facing while using the application. This makes it one of the best options for POS businesses, as you can easily resolve issues with a message.
2. Savings
Although not an outright bank Nomba offers the option for its users to save. This focuses on helping unbanked and underbanked Nigerians save money. It does this by assigning agents. These agents will drop by at your preferred time to pick up your savings. An automated SMS system will keep track of the amount you save.
Nomba savings services have the following options:
- Nomba No wahala: N500 – N2,000 daily or N15,000 – N60,000 monthly
- The Nomba Kampe: N3,000 – N5,000 daily or N90,000 – N150,000 monthly
- Nomba Oga: N6,000 and above daily or N180,000 monthly.
3. Marketplace
The marketplace is a network of banking services. It empowers Mobile money agents with Nomba POS machines to improve your business. With Nomba POS, you can accept payments, send payments, and enrol customers on your business platform from anywhere in the world.
4. Nomba POS Machine
Nomba accepts anyone as an applicant. The company aims to grow a network of easily accessible banking services through POS agents. You just need to meet the minimum requirement. The organization has also attracted several partners and investors. Its low charge of 0.7% per transaction for agent withdrawals helped attract them. However, you can also choose the actual amount of money you want to charge customers for withdrawal at your end.
How Do I Contact Nomba?
You can contact the fintech company through any of the following means:
Office address:
Nigeria
19b Bosun Adekoya Street, Lekki Phase 1, Lagos, Nigeria.
United States
1776 Sacremento St Apt 311 SAN Francisco CA 94109
Phone: 01 888 5008
Email: Support@Nomba.Co
Conclusion
Nomba POS Machine remains a top favorite for agents all across the nation. They offer relatively low fees that ensure you make a decent gain per transaction. Also, the points that can be converted to cash remain another strong factor loved by agents.