How to Get Kudi POS Machine: Kudi POS Withdrawals Charges, Machine Price, and Daily Target

Are you searching for How to Get Kudi POS Machine including Kudi POS Withdrawals Charges, Machine Price, and Daily Target? Then this is for you.

The rise of point-of-sale (POS) terminal machines has led to an increase in the number of people offering this service in Nigeria. While commercial banks are popular options, there are now many companies offering similar services, including Kudi – a well-known digital banking platform.

If you’ve heard about Kudi and are interested in getting a POS machine for your business or becoming a Kudi agent, you’re in luck! 

This article will guide you through How to Get Kudi POS Machine including Kudi POS Withdrawals Charges, Machine Price, and Daily Target

What Can You Do with a Kudi POS Machine?

The Kudi POS machine enables you to perform a variety of financial transactions, including:

• Card cash withdrawals
• Electricity bill payments
• TV subscriptions
• Airtime and data purchases
• Loans
•  Savings
• Account opening and much more

Prices for Kudi POS Machines

Good news – there’s no charge to apply for a Kudi POS machine! 

However, if you’re approved, there is a one-time payment of N25,000 required for the machine itself. 

And as an added bonus, you’ll also receive a complimentary Kudi T-shirt!

Now that we’ve covered the pricing details, let’s move on to the requirements for owning a Kudi POS machine.

Requirements to Get a Kudi POS Machine

To be eligible for a Kudi POS machine, you must fulfill the following criteria:

• Have an active Kudi account
• Possess a valid bank account
• Provide a valid Bank Verification Number (BVN)
• Have a valid form of identification such as a Voter’s Card, National ID Card, Driver’s License, or International Passport
• Present a recent utility bill
• Provide a passport photograph

How to Get Kudi POS Machine 

Getting a Kudi POS Machine could be based on Merit and through payment. 

In this section, we will discuss how you can get the POS machine in both ways. 

How to Get Kudi POS Machine on Merit

The first step to becoming a Kudi agent and getting a Kudi POS machine is to have a functional Android phone with internet access to download the Kudi app. 

Once you meet this requirement, follow the steps outlined below on How to Get Kudi POS Machine

• Download the latest version of the Kudi app from the Google Play Store.
• Install and launch the application on your Android phone.
• Sign up using your phone number and link the app to your bank account.
• Begin to carry out transactions using the Kudi app.
• Use the app consistently for basic transactions like electricity bill payments, airtime recharge, TV subscriptions, and more.

6. After approximately two weeks, Kudi will inform you about your eligibility to receive a free POS machine.

How to Get Kudi POS Machine through Payment

• Visit the nearest Kudi office.
• Get an application form from their agent, fill it out, and submit it.
• Make a payment of N20,000 at the office (please note that this fee is nonrefundable).
• Your application will be reviewed, and a POS machine will be assigned to you immediately.

Kudi POS Withdrawal Charges

After discussing How to Get Kudi POS Machine, you also need to be aware of how much Kudi charges per transaction. 

The withdrawal charges for Kudi POS transactions are as follows:

• Transactions ranging from ₦100 to ₦4,500 incur a charge of ₦25.
• Transactions ranging from ₦4,501 to ₦25,000 incur a charge of 0.6%.
• Transactions ranging from ₦25,001 to ₦500,000 incur a charge of ₦150.

How to Contact Kudi

You can get in touch with Kudi using any of the following methods:

• Office address in Nigeria: 19b Bosun Adekoya Street, Lekki Phase 1, Lagos, Nigeria.
• United States: 1776 Sacramento St Apt 311 San Francisco CA 94109.
• Phone: 01 888 5008.
• Email: support@kudi.co. 

Conclusion on How to Get Kudi POS Machine: Kudi POS Withdrawals Charges, Machine Price, and Daily Target

Kudi POS machines are an affordable and convenient option for businesses looking to accept cashless payments. 

And if you become a Kudi agent, you’ll not only have an additional source of income, but you’ll also gain access to Kudi’s suite of digital financial services.

With the information provided in this article on How to Get Kudi POS Machine, you now have a clear understanding of How to Get Kudi POS Machine, Kudi POS withdrawal charges, Machine Price, and Daily Target.

Frequently Asked Questions

Is the Kudi POS machine free?

No, the Kudi POS machine is not free. The price for the machine is N25,000.

Do Kudi agents receive monthly payments?

Kudi POS agents earn money daily from every transaction they perform, with the earnings automatically credited to their Kudi account.

What are the withdrawal charges for Kudi POS machines?

The withdrawal charges for Kudi POS transactions are 0.70%. 

However, please note that the charges may vary depending on the withdrawal amount.

How can I become a Kudi POS agent?

To become a Kudi POS agent, sign up on the Kudi website and submit the required documentation. 

Once your application is approved, you will receive training and support from Kudi through an assigned aggregator.

How do I use a Kudi POS machine?

To use a Kudi POS machine, connect it to the internet and follow the instructions displayed on the screen. 

The device accepts payments through ATM cards and mobile payment platforms.

What is the daily target for Kudi?

Kudi POS machines do not have a daily limit. 

You can continue to use the Nomba Kudi POS without any restrictions, regardless of the transaction volume.

What types of payments does a Kudi POS machine accept?

Kudi POS machines accept payments made through debit/credit cards and mobile payment platforms.

Is the Kudi POS machine secure?

Yes, the Kudi POS machine is secure. It employs advanced encryption technology to protect customer data and ensure secure transactions.

How long does it take to receive a Kudi POS machine after applying?

Once you have completed the application process for a Kudi POS machine, you can expect to receive it within 2 to 4 weeks. 

The company will notify you about the status of your application and arrange for the delivery of your POS machine.

Can I use a Kudi POS machine without an internet connection?

No, a stable internet connection is required to use a Kudi POS machine effectively. 

The device relies on an internet connection to process transactions and ensure seamless communication with the Kudi platform. 

So, make sure you have access to reliable internet service for optimal performance.

Are there any monthly fees or hidden charges associated with the Kudi POS machine?

No, there are no monthly fees or hidden charges when you become a Kudi POS agent and use their POS machine. 

You will only be charged transaction fees based on the amount and type of transactions you process. 

Kudi values transparency and strives to provide affordable financial services to its customers.

Can I use a Kudi POS machine for international transactions?

Currently, Kudi POS machines are designed for domestic transactions within Nigeria. 

They are not compatible with international payment processing. 

However, Kudi offers other services that enable cross-border transfers and payments, so you can explore their alternative solutions for international transactions.