Baxi POS, a trusted name in the industry, offers a powerful solution that combines convenience, affordability, and cutting-edge technology.
In this article, we will dig into the various aspects of acquiring the Baxi POS, ranging from the charges associated with it to the daily targets you can set to optimize your revenue. We will also explore the POS machine's price and the specific requirements you need to meet to make the most of this robust system.
Whether you are a small business owner seeking to streamline your payment processes or an entrepreneur looking to venture into the world of electronic transactions, this guide is designed to equip you with all the vital information you need. By the end of this read, you will have a comprehensive understanding of how to obtain the Baxi POS, the financial implications, the daily targets to aim for, and the necessary prerequisites.
How To Get Baxi POS
To begin the process of acquiring the Baxi POS, kindly follow these detailed steps:
- Download the Baxi App or visit their website: Start by downloading the Baxi App from your app store or navigate to their official website using a web browser on your computer or mobile device.
- Register an agent account using your phone number: Launch the Baxi App or access their website and register for an agent account using your valid phone number. This step is essential to establish your identity and create a profile within the Baxi platform.
- Upgrade your account to Baxi Pro with your BVN: After successfully registering an agent account, you will need to upgrade it to Baxi Pro by providing your Bank Verification Number (BVN). This ensures enhanced security and allows for expanded functionality within the Baxi ecosystem.
- Request for Baxi mPOS or Android POS: Once your account is upgraded to Baxi Pro, you can proceed to request either the Baxi mPOS (mobile Point-of-Sale) device or the Android POS terminal. These options offer flexibility depending on your business needs and preference.
- Fill out the Baxi POS registration form and submit it for review: Complete the Baxi POS registration form, which may require you to provide detailed information about your business, such as your business name, address, type of business, and preferred payment options. Ensure that all the fields are accurately filled out. Once you have completed the form, submit it for review by the Baxi team.
Once your application is approved, you will receive your Baxi mPOS or Android POS device and be able to start accepting payments
Baxi POS Charges
Baxi POS applies the following charges for various types of transactions:
- Card swipe: Baxi charges a small percentage of 1.5% for each card swipe transaction.
- Mobile wallet: For transactions made through mobile wallets, Baxi applies a charge of 2% of the transaction amount.
- Cash deposit: Baxi charges a flat fee of N30 for each cash deposit transaction made through their POS system.
- Bill payment: The charges for bill payment transactions can vary depending on the specific biller. The amount you will be charged will depend on the biller's fees.
- Airtime top-up: The charges for airtime top-up transactions vary based on the network provider. Baxi applies charges in accordance with the respective network's fees.
However, there is a one-time registration fee that you will need to pay. The exact registration fee amount is determined by the model of the Baxi POS machine you choose.
Baxi POS Daily Target
The Baxi POS does not have a specific mandatory daily target that users are required to meet. As a user of the Baxi POS, you have the flexibility to set your own daily sales target based on your business needs, sales projections, and other factors.
Setting a daily target can help you stay focused, track your progress, and motivate your sales efforts. It allows you to gauge the performance of your business and make necessary adjustments to meet your financial goals.
To determine your daily target with Baxi POS, consider factors such as your average daily sales volume, revenue goals, seasonal variations, and market conditions. Analyze your historical sales data if available and take into account any external factors that may impact your business.\
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Baxi POS Machine Price
here are the prices of Baxi POS machines:
- Baxi Box Android POS: ₦30,000
- Baxi Box MPOS: ₦10,000
Here are some of the factors that affect the price of a Baxi POS machine:
- The model of the POS machine: The Baxi Box Android POS is a more advanced model than the Baxi Box MPOS, so it costs more.
- The features of the POS machine: The Baxi Box Android POS has more features than the Baxi Box MPOS, such as the ability to print receipts and the ability to connect to the internet. POS machines with more features will typically cost more.
- The provider of the POS machine: Baxi POS offers two models of POS machines, so the price may vary depending on the provider you go with.
Baxi POS Requirement
To apply for the Baxi POS, please ensure that you meet the following requirements:
- Nigerian citizenship: Baxi POS is available to Nigerian citizens. You must be a citizen of Nigeria to be eligible for the Baxi POS service.
- Valid business registration certificate: You need to have a valid business registration certificate. This document verifies the legitimacy of your business and is necessary to proceed with the Baxi POS application.
- Bank account: It is essential to have a bank account. The Baxi POS system requires a linked bank account to facilitate secure and timely transactions. Make sure you have an active bank account in Nigeria.
- Smartphone or tablet with a data plan: To utilize the Baxi POS, you will need a smartphone or tablet with an active data plan. This is necessary to download and access the Baxi POS app, enabling you to process transactions seamlessly.
- Baxi POS app: You must be able to download the Baxi POS app onto your smartphone or tablet. The app provides the interface for accepting payments, managing transactions, and accessing other features of the Baxi POS system.
- Identification and proof of address: Prepare a copy of your valid identification card (ID) and a proof of address. These documents may include your national ID card, driver's license, or international passport. The proof of address can be a utility bill or any official document that verifies your residential address.
Once you have confirmed that you meet all of these requirements, you can proceed with the application process. Visit the official Baxi website or contact their customer service for guidance on how to apply for the Baxi POS.
FAQS
How to become a Baxi POS agent?
To become a Baxi POS agent, you must meet the following requirements:
- You must be a Nigerian citizen.
- You must have a valid business registration certificate.
- You must have a bank account.
- You must have a smartphone or tablet with a data plan.
- You must be able to download the Baxi POS app.
- You must be able to provide a copy of your ID card and a proof of address.
Once you meet all of these requirements, you can apply for Baxi POS by visiting the Baxi website or by contacting their customer service.
What is the transaction limit for Baxi?
There is no daily transaction limit for Baxi POS. You can process as many transactions as you want, but you will be charged a commission on each transaction.
How much do POS agents charge customers?
The amount that POS agents charge customers varies depending on the agent and the type of transaction. However, in general, POS agents charge a commission of 1.5% to 2% of the transaction amount.
How much does POS charge for 10000?
The POS charge for 10,000 Naira will vary depending on the POS agent and the type of transaction. However, in general, you can expect to pay a commission of around 150 Naira for a 10,000 Naira transaction.
How much is POS machine transaction fee?
The POS machine transaction fee also varies depending on the POS agent and the type of transaction. However, in general, you can expect to pay a flat fee of around 30 Naira for each transaction.
Conclusion
In conclusion, obtaining the Baxi POS is a straightforward process that requires careful consideration of various factors. We explored the key aspects involved in acquiring the Baxi POS, including charges, daily targets, POS machine price, and requirements.
Understanding the Baxi POS charges is crucial to make informed financial decisions. These charges may include a one-time registration fee, transaction fees based on the type of transaction, and potentially variable fees for bill payments or airtime top-ups. It is essential to review the specific charges applicable to your chosen Baxi POS model.