Understanding POS Charges in Nigeria

POS charges are the fees customers pay when using POS services. These charges vary by location, bank, and agent.

Types of POS Charges

Flat Charges (₦)

A flat charge means you charge the same amount regardless of transaction size. Example: ₦200 per withdrawal.

Percentage Charges (%)

A percentage charge depends on the transaction amount. Example: 1.5% of ₦10,000 equals ₦150.

Which Is Better?

Flat charges are simple and predictable. Percentage charges can earn more on large transactions. The best option depends on your customers and location.

Use a Calculator

To avoid mistakes, use the NaijaPOS Calculator to compare flat and percentage charges instantly.