How to Get Flutterwave POS Machine

How to Get Flutterwave POS Machine in Nigeria. (The Best Way 2023)

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Are you looking for how to get Flutterwave POS machine? You’re not alone.

In Nigeria today, businesses are looking for new ways to make payment smoother for their customers. 

One solution to this is the use of Point of Sale (POS) machines. 

Flutterwave is a fintech company that provides POS machines to businesses looking to simplify their payment processes. 

In this article, I will also talk about why you should choose a Flutterwave machine over others.

I will also discuss the eligibility requirements, application process, and cost of getting a Flutterwave POS machine. 

By the end of this, you will have a comprehensive understanding of how to obtain a Flutterwave POS machine and how it can benefit your business.

Let’s dive into it.

Five (5) Reasons Why Flutterwave POS machine is a Great Choice.

Here are 5 reasons why you should choose a Flutterwave POS machine over others.

  • Accepts all card payments
  • Issues Cards
  • E-commerce Store 
  • Ease-of-use
  • High-Profit Margins

Accept all card payments.

Flutterwave POS machines accept every card payment from your customers. This makes it super convenient.

While many POS machines accept many cards, not every one of them is as flexible as Flutterwave.

This indiscriminate acceptance of all cards leads to increased customer satisfaction and loyalty.

Issues Cards.

With Flutterwave you’ll be able to create a virtual card that enables you to perform international transfers.

You’ll be able to apply for and get a Flutterwave Mastercard.

A built-in feature lets you set spending limits for your expenses. Flutterwave hosts the card on their API, making it safe and accessible to everyone.

E-commerce store

Making an extra income by the side never hurts.

Flutterwave has a feature that lets you create a store where you can sell digital products like ebooks, courses, and more.

All you have to do is to get this product and upload it free of charge.

You’ll be given a link for directing people to your store. And with this, you can run social media advertisements.

Ease of Use

Flutterwave ranks 5th in the list of best POS machines in Nigeria.

Not only does their Android POS machine offer amazing features, but it is also one of the easiest to use.

It offers no glitches, smooth operation, and a great network service.

With Flutterwave you can never go wrong. 

High-Profit Margins

The cost of transactions with a Flutterwave PoS machine is reasonable compared to others.

As you have no quarter to fill every day, you’ll be free to carry out your transaction in any capacity you can.

You also receive your earnings when you want as opposed to some POS machines that require you to wait till the month’s end before you get paid.

Who is Eligible for Becoming a Flutterwave POS Agent?

Everybody above 18 is eligible for becoming a Flutterwave POS agent. But you must have a valid BVN and an active bank account.

You’ll either get the Android POS machine or the MOBILE POS version depending on your business and what you intend to use the POS machine for.

Required Documents for Getting a Flutterwave POS Machine.

  • A CAC certificate showing that your business is registered. 
  • Business bank account, or an active individual account if your business is not registered.
  • Valid ID such as a driver’s license or passport.
  • Proof of address, such as a utility bill or bank statement.
  • Valid BVN
  • Account Number, and
  • Valid email address

If all this is available, you’ll be required to fill out an application form.

The company will then review your application before approving your request for a POS machine.

It’s important to note that the specific requirements for getting a Flutterwave POS machine may vary depending on your location and other factors. 

How to Apply for a Flutterwave POS machine

How to Get Flutterwave POS Machine

Go to the Google play store and download the Flutterwave app.

Open the app and create a Flutterwave account using your email address, your phone number, and your real name. 

Make sure to use the name in your ID.

Once the app is open scroll down and you find an option for POS

Select the “POS” option. This will take you to a Flutterwave POS page where you will be presented with a form.

You can do this on your phone, but if you have a computer, better.

On the POS page, you’ll see an “Apply Now” button. 

Click on it to fill out the application form. 

The form will ask for information about your business, including your business name, location, and contact information. 

Fill in all the required fields and submit the form.

After submitting your application, wait for a response from Flutterwave. 

A representative from the company will contact you for additional information or to schedule a meeting.

Depending on your location and business type, Flutterwave may require additional documents to complete your application. 

Make sure to provide all the necessary documents promptly to avoid delays in the application process.

Once your application is complete, Flutterwave will review it and determine whether to approve your request for a POS machine.

If approved, you’ll receive instructions on how to set up and use the POS machine.

Here is a table to simplify things

Steps to get a Flutterwave POS machine
1. Download the Flutterwave app from the Google Play Store or Visit Flutterwave
2. Create a Flutterwave account using your email, phone number, and real name.
3. Select the “POS” option on the app and fill out the application form.
4. Click on the “Apply Now” button to submit the form.
5. Fill in all required fields with information about your business.
6. Wait for a response from Flutterwave and follow up as needed.

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How Long Does It Take to Apply and Acquire a Flutterwave POS Machine?

The time it takes to apply and get a Flutterwave POS machine is 1 day to 1 week.

But this number varies depending on several factors such as location, availability, and verification process. 

The application process for a Flutterwave POS machine takes a few minutes to complete online. 

However, the approval and delivery process can take up to a week.

How Much Does Flutterwave Cost and Charge in Nigeria?

You’ll be required to pay a fee of N10,000 to get the Flutterwave POS machine

This is a cautionary fee to make sure the POS machine is safe with you.

It does not mean you have BOUGHT the machine.

You can return the POS machine in good form and get your money back.

The cost of transactions on a Flutterwave POS machine goes from as low as 0.5% to as high as 0.7%  for a transaction.

Here is a list of the average:

  • 0.6% on every withdrawal.
  • N20 for every deposit. (N6 for every N1000.)
  • A flat rate of N20 for transfer.

Visit Google and give this prompt to figure out the percentage of any transaction you carry out:

“What is 0.6% of 20,000?” if the transaction is 20,000. 

Google will provide you with a fast, correct answer.

The correct answer to this one is 120. For every transaction above N20,000, you will be charged N120.

Training and Installation of the POS Machine

How to Get Flutterwave POS Machine in Nigeria

If you’ve been able to use any POS machine in the past, then this one is no different. 

The Flutterwave POS machine is even easier to use when compared to others. The android system is easy to navigate.

All you have to do is to follow the instructions. Back means back and transfer means transfer.

Usage and Troubleshooting of the POS Machine

Unfortunately, Flutterwave does not offer the option of getting your POS machine fixed or serviced. But not to worry only a few companies do this.

The machine is really durable so there is hardly any chance of it having any problems unless it is violently manhandled.

Two ways you can log a complaint to Flutterwave.

You can send an email to [email protected], call 0700-FLUTTERWAVE (0700-35888379283), or send a DM to @flwsupport on Twitter.

Flutterwave customer care WhatsApp number

Flutterwave does not have a WhatsApp customer support number at this time.

If you need assistance with any of Flutterwave’s products or services, you can visit their website and reach them via their email, call centers, or through their social media handles.

You can also email them at [email protected] or call their support number at  (0700-35888379283), Call lines are open 08:00 am to 5:00 pm WAT, Mondays – Fridays

FAQS

Is Flutterwave approved by CBN? 

Yes, Flutterwave is approved by the Central Bank of Nigeria (CBN). Flutterwave is a licensed payment service provider in Nigeria, regulated by the CBN, and authorized to operate payment services in Nigeria.

Flutterwave is also licensed in other African countries where it operates.

Is Flutterwave safe?

Yes, Flutterwave is safe. Flutterwave is a reputable payment gateway that operates in multiple African countries and has processed billions of dollars in transactions since its inception in 2016.

Flutterwave adheres to strict standards for security and data protection.

It also employs data encryption, two-factor authentication, and fraud prevention tools to protect its users’ information and transactions.

Does Flutterwave offer commissions? 

As part of its services, Flutterwave offers commissions to its partners who refer customers to use its payment solutions.

The commission rates and terms of the referral program vary depending on the specific agreement between Flutterwave and its partners.

Does Flutterwave ask for your BVN?

Yes, they do. According to Dikachim, Head of Product Marketing at Flutterwave, if you are setting up a business or individual account with them, they will run some compliance checks as required by law. 

Sometimes, well also ask you to verify your identity in Nigeria using your Bank Verification Number (BVN).

Why Does Flutterwave Ask for Your BVN?

The initiative put in place by the Central Bank of Nigeria is a measure to protect a customer’s account from unauthorized access and reduce fraudulent activities. 

Your BVN helps financial organizations run checks from the BVN registry to make sure you are who you say you are.

While they have your BVN, it is unlawful to share this information with any third party. And they have no access to your bank accounts.

Conclusion: How to Get Flutterwave POS Machine

Congratulations! You have just learned how to apply for a Flutterwave POS machine in a few simple steps. 

With this device, you’ll easily accept payments from customers who prefer card transactions. 

No more missed opportunities because of the inability to accept card payments. 

Just follow the steps outlined in this article and you’re good to go.

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