How To Get Baxi POS: Baxi POS Charges, Daily Target, POS Machine Price and Requirements
Baxi POS is a point-of-sale (POS) system developed by Baxi, a fintech company based in Nigeria. The Baxi POS is designed to provide small and medium-sized businesses with a reliable and affordable solution for accepting payments from customers. The Baxi POS system is a handheld device that can be used to process payments using debit cards, credit cards, and mobile wallets. It also has the capability to print receipts for customers. The device connects to the Baxi app via Bluetooth, and transactions can be tracked and monitored in real time. One of the key features of the Baxi POS system every agent would enjoy is its affordability. Baxi offers the POS device to merchants for a one-time fee, and there are no monthly or annual fees. This makes it an attractive option for small businesses that may not have the resources to invest in more expensive POS solutions. So in this post, some things which range from how to get a Baxi POS machine in Nigeria, Baxi POS charges, Baxi POS daily target, Baxi POS machine price in Nigeria, and the Baxi POS requirements have been discussed in this very article.
Let’s get started with “How to get Baxi POS in Nigeria then followed by the Baxi POS charges then comes the others.
How to get Baxi POS in Nigeria
If your aim is to know how to get a Baxi POS machine in Nigeria kindly follow the given guidelines and process below:
- Visit the Baxi website or download the Baxi mobile app from the Google Play Store or the Apple App Store.
- Register your business by providing your personal information and business details.
- Once your registration is complete, you can order a Baxi POS device through the Baxi mobile app or website.
- You will be required to pay a one-time fee for the device, which includes the cost of the device and shipping.
- After payment, your Baxi POS device will be delivered to your registered business address within a few days.
Once you receive your Baxi POS device, download the Baxi app on your smartphone and connect the device to the app via Bluetooth.
Follow the instructions provided in the Baxi app to set up your account and start accepting payments.
Note: You will need to have a bank account to receive payments from your Baxi POS transactions therefore I’ll recommend you to open an account before you apply for a Baxi POS machine.
Also, make sure you have a stable internet connection to ensure smooth transactions.
Baxi POS charges
The essential things you must know on how to get a Baxi POS machine in Nigeria as being shared, however, the following will show you the Baxi POS charges:
Apart from the one-time fee, Baxi does not charge any monthly or annual fees for using the POS device.
However, there are transaction fees associated with using the Baxi POS, which are deducted from each transaction made on the device.
The transaction fees for Baxi POS vary depending on the type of transaction and the payment method used.
For instance, for card payments, the transaction fee is 0.75% of the transaction value, while for mobile wallet payments, the fee is 1.5% of the transaction value.
Baxi POS Daily Target
Baxi POS does not have a daily transaction target for merchants.
However, there may be a minimum balance requirement in the merchant’s bank account, which is used to settle transactions made on the Baxi POS device.
Merchants are free to process transactions on the Baxi POS device as often as needed without any restrictions on the number of transactions or the transaction amount.
However, it is important to note that the transaction fees associated with each transaction will be deducted from the transaction amount.
As a Baxi POS merchant, you’re encouraged to use the Baxi POS device frequently to maximize your earnings and provide convenient payment options for your customers.
The Baxi POS device is designed to be user-friendly and reliable, allowing merchants to process transactions quickly and efficiently.
Baxi POS Machine Price
Baxi POS machines tend to be one of the cheapest POS machines in Nigeria for businesses.
The Baxi POS machine price in Nigeria is currently around N18,000.
This is a one-time fee that includes the cost of the POS device and shipping to your registered business address.
The Baxi POS device is designed to be an affordable solution for small and medium-sized businesses in Nigeria that need to accept payments from customers.
Baxi POS machine requirements
There are some Baxi POS machine requirements one must meet to successfully get the machine.
Read: How to get a reversal for a failed POS or ATM transaction (All Nigerian banks)
To use a Baxi POS machine in Nigeria, you will need to meet the following requirements:
Have Physical Business Location: Before anyone can successfully get a Baxi POS machine in Nigeria, you are required to have a physical business location.
Bank account: You will need to have a bank account in Nigeria that is linked to your Baxi POS device. The account will be used to settle transactions made on the device.
Smartphone: You will need a smartphone running on the Android or iOS operating system to use the Baxi mobile app to connect the POS device to the internet via Bluetooth.
Internet connection: You will need a stable internet connection to use the Baxi POS device. This can be through Wi-Fi or mobile data.
Baxi POS device: You will need to purchase a Baxi POS device, which is a handheld device used to process payments from customers.
The current price of the Baxi POS device in Nigeria as said earlier is around N18,000.
Once you have met all these possible requirements above, you can register your business on the Baxi mobile app or website, purchase a Baxi POS device, and start accepting payments from customers.
Frequently Asked Questions On How To Get Baxi POS: Baxi POS Charges, Daily Target, POS Machine Price and Requirements
Here are some frequently asked questions on How To Get Baxi POS: Baxi POS Charges, Daily Target, POS Machine Price, and Requirements:
How to become a Baxi POS agent?
To become a Baxi POS agent, you can follow these steps:
- a) Visit the Baxi website and click on the “Become an Agent” tab.
- b) Fill out the application form with your personal and business information.
- c) Submit the form and wait for a response from Baxi.
- d) If approved, complete the agent onboarding process and start offering Baxi’s services to your customers.
How much does POS charge now?
The charges for POS (Point of Sale) transactions may vary depending on the specific merchant, the type of card used, the type of transaction, and other factors. Merchants may also have the option to negotiate the fees charged by their POS provider.
Therefore, it is recommended to check with your specific POS provider or merchant service provider for the latest pricing information.
Which bank owns Baxi?
Baxi is not owned by a bank. It is a fintech company that offers digital financial services such as bill payments, airtime recharge, fund transfers, and other services through its network of agents across Nigeria.
