How to Get the Baxi Box POS: Baxi POS Charges, POS Machine, Price and Requirements

Have you seen this guide How to Get the Baxi Box POS: Baxi POS Charges, POS Machine, Price and Requirements?

Baxi was founded in 2014 by two awesome people – Degbola Abudu and Folu Majekodunmi. And guess what? In 2021, Baxi was acquired by MFS Africa, which is really exciting news! This acquisition is going to help Baxi expand and become even more accessible across Nigeria.

Baxi can use their platform to make digital payments through different channels like mobile, in-store locations, online platforms, wallets, and even b2b channels.

 So, no matter what your payment needs are, Baxi has got you covered.

In this article, we’ll discuss  How to Get the Baxi Box POS: Baxi POS Charges, POS Machine, Price and requirements. 

 We’ll also cover all the important details, charges, commissions, and everything you need to know to kickstart your POS business career with Baxi.

What Can You Do with Baxi Box POS?

Before we take you through How to Get the Baxi Box POS, let us prepare your mind for things you can do with the POS

For starters, Baxi agents can initiate transactions from three different banks. 

That means you don’t have to worry about any service disruptions if one bank is down. How cool is that?

But that’s not all! Baxi agents also use Android POS, which means they can handle a wide range of transactions. 

So, whether you need to pay bills, transfer money, or even buy airtime, they’ve got you covered. 

Here’s a list of what a Baxi Box POS Agent can do:

• Pay utility bills (electricity, waste, DSTV, and more)
• Cash withdrawals and deposits
• Money transfers
• Airtime and data recharge
•  Recharge card vending
• Mobile wallet transactions and many more!

Requirements to Get Baxi POS

If you’re eager to jump on board with Baxi, here’s what you’ll need to become a partner:

• Baxi device registration fee
•  Two passport-sized photographs
•  Photocopy of a valid driver’s license, Permanent Voter’s Card, or International Passport Data Page
•  Bank account details
•  Photocopy of Certificate of Incorporation & FORM CAC 2&7 or Business Name Certificate and CAC Registration Form
•  Proof of payment for the device
•  Completed Guarantor’s form
•  Filled Agreement form
• Compulsory 3 hours of training on the platform and CDL Monitoring/Management Software

What is the Cost of Baxi Box POS/MPOS?

Now, let’s talk about the cost. 

Here are the charges for the Baxi Box POS devices:

• Baxi Box Android (8.1) – N80,000
• Baxi Box MPOS – N5,000

Please note that these fees do not include the N15,000 caution deposit.

How to Get the Baxi Box POS: Step by Step Process

1. Setup and Documentation:

Setting up your Baxi Box POS is easy. 

You can choose between online and offline methods:

Setup and Documentation – Online:

• Download the BaxiMobile App from your Play Store or Apple Store.
• Complete the simple sign-up process.
•  Upgrade your account to Baxi Flex or Baxi Pro by providing your BVN and verifiable address.
• Request MPOS or POS device through the app.

Setup and Documentation – Offline:

• Contact the Baxi Team and request a Sales Rep by stating your location.
• Fill out the Agent application form and agreement via POS.
•  Provide a copy of your ID (Driver’s license, National ID card, Voters’ Card, or International Passport) for yourself and the guarantor.
• Submit proof of address for you and the guarantor.

2. Training and Branding:

Once you’re all set up, it’s time for training and branding:

• You’ll undergo training and receive a starter pack.
•  Your location will be branded to create visibility and attract customers.
• You can then start operating as a full-fledged Baxi agent and earning money!

How to Fund Your Baxi Box Wallet 

Having explained How to Get the Baxi Box POS, now is the time to learn how to fund your wallet.

To fund your Baxi Box agent wallet, you have four options:

• Baxi Funding Via USSD Wallet Funding
• Direct Debit 
• Transfer to Baxi Account Number

Back Commissions and Charges for Transactions

The commissions and charges with Baxi Box are minimal and considerate. 

Here’s a list of transactions and their corresponding commissions:

• MTN Prepaid Recharge: 1.60%
• MTN Data Bundle Recharge: 1.60%
• Airtel Data Bundle Recharge:1.76%
• Glo Data Bundle Recharge: 2.80%
• Glo Prepaid Recharge: 2.80%
• 9Mobile Data Bundle Recharge: 2.80%
• Cash Transactions (0-20,000): 0.55%
• Cash Transactions (20,001-100,000): N100 flat
• Cash Deposit: N30 flat
• Ikedc Token Vending: 1.20%
• Ikedc Bill Payment: 1.20%
• Ekedc Prepaid: 0.8%
• Ekedc Postpaid: 2.00%
• Aedc Prepaid: 0.96%
• Aedc Postpaid: 0.96%
• Gotv (Regular Agent): 1.40%
• Gotv (SabiMen Agent): 1.20%
• Dstv (Regular Agent): 1.40%
• Dstv (Sabimen Agent): 1.20%
• Golden Chance Lotto (5/90)

How to Contact Baxi Box

If you have any questions or issues, you can reach out to the Baxi Box Team:

• Visit their website baxibox.com 

Or send an email to customerservice@capricorndigi.com. 

You can also call 017008571.

Conclusion 

Baxi is a fintech and agency banking POS giant in Nigeria, and they offer a ton of awesome services like cash-in/cash-out transactions, bill payments, money transfers, airtime recharge, and so much more!

If you’re interested in getting your hands on one of their POS devices, they offer two different options. 

You can either get the Baxi Box Android (8.1) for N80,000 or the Baxi Box MPOS for N5,000. 

But, it’s important to note that these fees don’t include the N15,000 caution deposit.

 So, keep that in mind when you’re considering which option is best for you.

In this guide, we have extensively discussed How to Get the Baxi Box POS.

Including, the Baxi POS Charges, POS Machine, Price and Requirements. 

We hope this guide is helpful. 

Frequently Asked Questions On How to Get the Baxi Box POS: Baxi POS Charges, POS Machine, Price and Requirements

Is Baxi Licensed by CBN?

Rest assured, Baxi is licensed by the Central Bank of Nigeria (CBN) through its parent company, Capricorn Digital Limited (CDL). 

So you can trust them with your financial transactions.

Are There Transaction Limits to Baxi Box POS?

Yes, various partner types and transaction limits exist for each level and benefit.

• Baxi Lite: Has a maximum daily transaction of ₦20, 000
• Baxi Flex: Has a maximum daily transaction limit of ₦300, 000. 

BVN is a mandatory requirement for upgrading to Baxi Flex

• Baxi Pro: Has a maximum daily transaction of ₦1, 000,000. Agent and guarantor passports, valid ID cards, CDL legal agreement forms, and BVN are mandatory requirements for upgrading to Baxi Pro.

How Can I Configure My mPOS To My Baxi App?

To Configure mPOS To the Baxi App, 

• Log in to your App/Device account.
• On the product interface, locate the Setting icon.
• Then locate and tap on POS Configuration. Underneath the POS configuration, you should see written in red, “No POS is currently profiled to your account. Profile now to enable card payments).
• Tap on the “Manually Type Code option”.
• Carefully Enter the POS serial number in the battery slot.
• Tap Submit to complete the serial number setup.

Note: To confirm that the POS has been scanned, you will see” This POS device is profiled correctly” written in green under POS Configuration.

How Do I Update My KYC As A Baxi App Agent?

• Login to your Baxi App account.
• Locate the setting icon down below and tap on update KYC.
• You will find outstanding KYC marked in red for you to complete.
• Send an email to customerservice@capricorndigi.com requesting the legal agreement form to fill and upload on the agreement fields of your KYC page.

Can I have More Than One Baxi Pos?

Yes, you can purchase multiple Baxi devices.

What Technical Support Is Available On The Baxi Device?

When an agent is experiencing a technical fault on the device, they can contact their relationship officer for device pick up or bring the device to Baxi’s office for checks and repair.

What Can I Do When I Receive “An Error Occurred While Processing This Payment?

It means the network on the agent device /app is not strong enough, possibly due to a poor SIM signal.

An agent can switch to the extra sim card provided on his device for Pos users, while app users can switch to a stronger sim network on their phone.

What should I do if the Issuer/Switch Inoperative?

You can experience this when there is downtime on NIBS. You can retry the transaction once the network service is restored.

What should I do if a System Malfunction Error During a Card Transaction?

This error happens when there is a downtime on the customer’s bank

My Account Gets Debited, But My Wallet Is Not Credited During Wallet Funding?

Kindly send an email to customerservice@capricorndigi.com, providing them with the following details.

• The Baxi account number that was funded.
• The sender’s bank name (First Bank, Keystone Bank, etc.)
• The proof of payment for the credit into the Agent wallet should contain a reference ID of the fund transfer or the session ID of the transfer provided by the bank.

I Have A Pending Transaction On DSTV/GOTV. What Can I Do?

Send an email to customerservice@capricorndigi.com providing the transaction number/reference and amount, which will be reversed to the agent’s wallet within 15 min. The agent can retry the transaction afterward.