PayForce POS is a point-of-sale (POS) solution that allows businesses to accept payments from customers. It is a popular POS solution in Nigeria, and it offers a variety of features that make it a good choice for businesses of all sizes.
In this article, we will discuss how to get PayForce POS, including the charges, daily limit, price, customer care.
How To Get PayForce POS
Getting PayForce POS is a straightforward process that allows businesses to access a reliable and efficient payment solution for accepting card payments. PayForce POS offers a range of benefits, including increased customer convenience, faster transactions, and improved cash flow. To obtain PayForce POS, follow these comprehensive steps:
- Contact the Provider: Once you have decided to get a Payforce POS, reach out to them to express your interest in obtaining PayForce POS. You can do this by visiting their website, calling their customer service number, visiting their website, or visiting their physical branch or office.
- Provide Business Information: Payforce will require some information about your business to process your application. You will typically need to provide details such as your business name, business type, contact information, business address, and the type of products or services you offer.
- Submit Required Documents: To complete the application process, you will need to submit certain documents to the provider. Commonly required documents include valid identification (government-issued ID or passport), business registration documents (Certificate of Incorporation or Business Name Registration), proof of address, and bank account details for settlement of funds.
- Agree to Terms and Conditions: Review and agree to the terms and conditions of the PayForce POS service. This may include understanding the charges, fees, and transaction limits associated with the POS system. Ensure that you fully understand the contractual obligations before proceeding.
- Set Up the PayForce POS Device: Once your application is approved, the provider will provide you with the PayForce POS device.
By following these comprehensive steps, you can obtain PayForce POS and empower your business with a modern, efficient, and secure payment solution. With PayForce POS, you can enhance your customers' shopping experience, optimize your cash flow, and stay ahead in today's dynamic business landscape.
PayForce POS Charges
Here is a summary of the charges:
- Transaction Charges: PayForce charges a flat fee of N100 for every transaction processed through the POS machine.
- Monthly Subscription Fee: Businesses using PayForce POS are required to pay a monthly subscription fee of N5,000 for using the POS service.
- Cash Withdrawal Fee: For cash withdrawals made using the PayForce POS machine, there is a fee of N30 for withdrawals up to N5,000. For withdrawals above N5,000, the fee is 0.6% of the transaction amount.
- Other Charges: PayForce may impose additional charges, such as fees for airtime recharges and bill payments made through the POS machine.
It's important for businesses to be aware of these charges and consider them when using PayForce POS for their payment processing. The transaction fee and cash withdrawal fee may impact the overall cost of processing payments, and the monthly subscription fee is a recurring cost for businesses using the service.
PayForce POS Daily Limit
The daily limit for PayForce POS refers to the maximum amount of money that a business can process in a single day using the PayForce POS system. It sets a cap on the total value of transactions that can be made within a 24-hour period.
Based on the provided table:
- The Basic plan has a daily limit of NGN 100,000. This means that businesses on the Basic plan can process up to NGN 100,000 worth of transactions in a day.
- The Standard plan has a higher daily limit of NGN 500,000. Businesses on the Standard plan can process transactions up to NGN 500,000 in a single day.
- The Premium plan offers the highest daily limit of NGN 1,000,000. Businesses on the Premium plan can process transactions worth up to NGN 1,000,000 within a 24-hour period.
It's important for businesses to be aware of their daily transaction volume and ensure that it does not exceed the daily limit set by their chosen plan. If the daily limit is reached or exceeded, any additional transactions will be declined until the next day begins when the daily limit resets.
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PayForce POS Price
Payforce POS price is #20,000.
At N20,000, the price for PayForce POS is relatively affordable, making it an attractive option for businesses seeking a cost-effective and efficient payment solution.
With the Standard plan priced at N20,000, businesses can benefit from a comprehensive POS system that allows them to accept card payments seamlessly. The inclusion of a daily transaction limit of N500,000 ensures that businesses can process a significant volume of transactions within the set limit.
PayForce POS Customer Care Number
The PayForce POS customer care number: 07000102030. If you have any inquiries or require assistance regarding PayForce POS, you can contact their customer care team at this number. They will be able to address your questions, provide support, and offer any necessary guidance to ensure a smooth experience with the PayForce POS service.
PayForce POS Office Address
the office address for PayForce POS: No.1 Olunloyo Alapafon Area, Off Akanran Rd, Ibadan. This address serves as the location where you can visit or send any correspondence related to PayForce POS.
If you have any inquiries, need support, or have business-related matters to discuss, you can visit or contact the office at the provided address. The PayForce POS team at this location will be able to assist you with any questions or concerns regarding the service.
FAQS
How much does Payforce charge per transaction?
Payforce charges a flat fee of N100 for every transaction. There are also some additional charges, such as a monthly subscription fee and a charge for cash withdrawals.
Does Payforce POS have target?
Yes, Payforce POS has a target of 10 counts with a minimum worth of N100,000 per day. This means that you must process at least 10 transactions worth a total of N100,000 in order to avoid any penalties.
How do I get a POS machine from PalmPay?
To get a POS machine from PalmPay, you can visit their website or contact their customer support team. You will need to provide some basic information, such as your name, email address, phone number, and business details. You will also need to pay a one-time activation fee and a monthly subscription fee.
How do I become a Payforce agent?
To become a Payforce agent, you can visit their website or contact their customer support team. You will need to provide some basic information, such as your name, email address, phone number, and business details. You will also need to pay a one-time activation fee and a monthly subscription fee.
Who is the CEO of PayForce?
The CEO of PayForce is Ayodeji Arikawe. He is a serial entrepreneur with over 15 years of experience in the financial technology industry. He is also the founder of FairMoney, a leading digital lending platform in Nigeria.
Conclusion
In conclusion, PayForce POS emerges as a valuable payment solution, offering businesses a seamless and efficient way to accept card payments. We have explored the essential aspects of obtaining PayForce POS, including the charges, daily transaction limits, pricing, customer care number, and office address.
With transparent and affordable pricing plans, businesses can choose a suitable option that aligns with their transaction volume and budget. The daily transaction limit ensures smooth payment processing while complying with the set caps for each plan.