These days, it’s really important for businesses, no matter how big or small, to be able to accept electronic payments. In Nigeria, Interswitch is a big name when it comes to providing Point of Sale (POS) solutions. These solutions help businesses to easily handle payments made with cards and mobile phones. In this guide, we’ll cover all the important things you need to know about getting and using an Interswitch POS terminal for your business.

How to get interswitch POS in Nigeria

To get an Interswitch POS device for your business, just follow these steps:

1. Start by going to the Quickteller Business website. You can find it at business.quickteller.com.
2. Once you’re on the website, look for the POS section. This part of the site will give you all the details and options for getting a POS device.
3. Check out the features and capabilities of the different POS devices available. Make sure to pick one that fits what your business needs.
4. After looking through the options, choose the POS device that matches what you’re looking for. You might need to specify your preferences about features and functions.
5. Next, fill out the request form with all the necessary information. Once you’re done, submit your request for a POS device.
6. After you’ve sent in your request, you’ll need to wait for Interswitch to approve it. Once they do, they’ll give you further instructions on how to activate and set up your device.

By following these steps, you’ll be on your way to getting an Interswitch POS device for your business.

Interswitch POS price

Interswitch provides different models of POS terminals to match various business needs and budgets. However for the SmartPOS which is an advanced POS terminal, it costs ₦28,000 for a one time payment.

In addition, Interswitch offers bundled packages that include both hardware and software, as well as other services. These packages come at different costs, so you can choose the one that best suits your business needs.

Interswitch POS agent

A Quickteller Paypoint agent is someone or a business authorized by Quickteller to offer Agency Banking and Financial Inclusion services in their area. Here are some examples of Quickteller Paypoint agents:

These are small business owners or micro, small, and medium sized enterprises (MSMEs) that haven’t officially registered. Examples could include small shops, salons, health centers, grocery stores, restaurants, bars, business centers, cyber cafes, and places where people can buy recharge cards or pay for TV services.

Registered SMEs 

These are small and medium sized enterprises that have officially registered their businesses. Examples might include chemist shops, salons, health centers, grocery stores, restaurants, bars, business centers, cyber cafes, hospitals, and any other businesses that provide services or sell goods to customers.

Corporates & Retail Chains

These are bigger businesses or retail chains that have multiple locations or outlets. Examples could include gas stations, fast food chains, pharmacies, and other retail stores that offer various products and services to customers.

To register as a Quickteller Paypoint Agent, you have two options:

Through the Field Agent Staff

1. Get in touch with any authorized Quickteller Paypoint field agent and ask for a registration form.
2. Fill out the registration form and provide all the necessary documents listed in it.
3. Your application will be reviewed, and if everything checks out, it will be approved.
4. Once approved, you’ll receive login information.
5. Fund your Quickteller wallet.
6. Begin your POS business operations and transactions with the machine.
7. Participate in any required training sessions.

Receive your branding materials.

Through Self Service:

1. Visit https://paypoint.quickteller.com/.
2. Sign up on the web platform and then go to the Paypoint agent registration section.
3. Complete the online Paypoint agent registration forms and submit them.

Make sure you have all the required documents handy while filling out the POS agent registration form. You won’t be fully registered if you don’t have all the necessary documents.

As a Quickteller Paypoint agent, you get access to many benefits, including the chance to earn extra money while providing a variety of financial services to your community.

Interswitch POS charges

In the past, Quickteller Paypoint agents used to charge customers a transaction fee of N100 for each payment transaction. However, over time, there have been changes to these fees, and Quickteller has stopped collecting the N100 transaction fee altogether.

For the transaction fee, merchants will be charged a percentage of the transaction value. This percentage usually falls between 1.25% to 3.94%. The exact percentage charged depends on various factors such as the transaction amount and the type of business.

It’s very important to take a good look at the prices and fees tied to the Interswitch POS plan. You want to make sure it fits what your business needs and how much you can spend.

You wouldn’t want to pay for features you don’t need, right? So, take your time to go through the pricing and fees, and make sure they line up with what your business needs and what you can afford. 

How to get Interswitch POS online

To obtain an Interswitch POS online, follow these steps:

1. First things first, head over to the Quickteller website and find the agent signup page.
2. Once you’re there, you’ll see an online registration form. Fill it out with all the necessary details. It’s important to make sure everything you put in is accurate and up-to-date.
3. During the registration process, you might need to submit some documents. These could be things like your ID, proof of where you live, and any papers showing your business is legit.
4. After you’ve submitted everything, your account will go through some checks to make sure everything’s okay. Once that’s done, you’ll get a confirmation and info on what to do next.
5. Once your account is good to go, you can order your POS terminal right from the website. Just follow the instructions to pick the one that suits your business best.
6. After you’ve placed your order, the POS terminal will be sent to the address you specified. Just wait until it arrives.
7. When you get your POS terminal, follow any setup instructions that come with it to start accepting payments from customers. Familiarize yourself on how to operate the device.

By following these steps, you can easily acquire an Interswitch POS online and begin offering convenient payment options to your customers.

With Interswitch POS solutions, businesses in Nigeria can give their customers better experiences and make their payment systems easier and more convenient.