About Express Payment
Xpress Payment Solutions Limited is a wholly owned Nigerian company which was incorporated in 2016 as a Private Company Limited by Shares. The company has an Authorised Share Capital base of N5 billion issued and fully paid up. Xpress Payments Solutions Ltd specialize in the design, implementation and provision of platforms for Electronic Payments, Collections, Bills Payment and Funds Disbursement. As a shared infrastructure, we provide payment services around transaction switching and processing. We also serve as a licensed Payment Terminal Service Provider to deploy and manage Point of Sale Terminals
Who is an Xpress Agent?
Xpress Agent is any duly approved business entity/individual that have successfully completed the registration process with Xpress Payment Solutions Limited to render services on her behalf to the public.
In simple terms, an xpress Agent is someone who has obtained the free Xpress Payments POS Machine.
Requirements for Obtaining the FREE Xpress Payment POS Machine & becoming an Agent
Interested business entity/individuals willing to own the free POS machine should have the following to qualify as an Agent (POS Owner):
a. Must have an existing physical business outlet/location
b. Must have a functional mobile phone number
c. A copy of any statutory ID card (Driver’s license, National ID card, Int’l passport or PVC)
d. Duly completed Guarantor’s Form with Guarantor’s ID card & Passport photograph.
e. A Passport-sized photograph
f. Proof of Address (Utility bill e.g. PHCN, DSTV, GOtv, StarTimes, etc.)
g. 3-month Bank statement (not compulsory for some category of agents)
h. A duly completed Xpress Payments’ Agent application form/agreement and account package
Requirements for Registration, Setup of Xpress Agent [POS Center]
i. Xpress Payments conducts KYC (Know Your Customer) on a prospective agent (POS operator) and certify that agent meets the agent selection criteria.
ii. A field officer signs up an agent (POS Operator)
iii. Agent (POS operator) completes and submits Xpress Payments Agent Registration Form and Agreement.
iv. Agent (POS operator) makes provision for the minimum Agent Start-up Capital (N5,000) -Agent funds Xpress Payments designated bank account or Agent Wallet with the Agent’s minimum start-up capital (depending on agent’s class) by either cash deposit or funds transfer for onward credit to Agent’s deposited start-up capital.
vi. Agent (POS operator) undergoes training and receives the following setup kits:
a. Certificate of Completion/registration called “Agent certificate”
b. Agent code for identification
c. Transaction Log Book/Register
d. Branding materials
e. Commission Structure Sheet
f. Agent commences full operations
How safe is Xpress Payments platforms?
Xpress Payments’ Agency terminals/channels, applications and processing systems are compliant with the global payment industry security standards. All infrastructure/systems are secured.