To access a Kudi POS you must first become a Kudi Agent. Read to the end of this article on how to get a Kudi POS.
Kudi is a major player in the Financial technology (Fintech) services industry in Nigeria, bringing financial inclusion to the unbanked and rural locations in Nigeria and across Africa.
Kudi remains one of the most popular digital banking service providers in Nigeria, with a major goal to revolutionize the banking industry. Basically, they operate as a fintech company all across Africa, providing a platform to pay bills, send money, and operate a POS as a business. The company sprung into life after a group of individuals identified the poor access of Nigerian citizens to basic financial services. However, today, it has expanded to Kudi POS machine services for agents, which is another way to earn income for the average person.
What transactions are covered under Kudi 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 & Deposit
- TV subscriptions (Gotv, DStv, Startimes)
- Electricity bill payments
- Data purchase
- Airtime purchase
- WAEC Pin
- Selling airtime directly to the Kudi platform via a code
How much Does Kudi Charge for POS Withdrawals?
Kudi transaction charges for POS withdrawals are:
100 – 4,500 (N25)
4,501 – 25,000 (0.6%)
25,001 – 500,000 (N150)
KUDI POS FEATURES
How to Become Kudi Agent or Access Kudi POS
A Kudi Agent is someone who owns or uses the kudi POS terminal for a POS business center or any other business venture to recieve and make payments plus other financial services.
Getting a Kudi POS machine or becoming an agent with Kudi is pretty easy as you only require a functional android phone and internet access to download their app. But to really access a POS terminal you must go through a Kudi distributor or aggregator.
Do you Offer free POS Terminals?
Yes, the POS terminals are free. However, you will be required to pay a security deposit/caution fee of N20,000