How to Collect POS from First Bank

How to Collect POS from First Bank

How to Collect POS from First Bank: Since its inception, First Bank has given high-quality services and risen to become one of Nigeria’s leading banks.

The Point of Sale (POS) terminal is a portable electronic device that accepts payments for goods and services with the customer’s local debit card. It also gives you real-time online access to funds in your bank account.

Currently, First Bank not only provides traditional banking services, but it has also expanded into the POS sector. They accomplish this through their agent service known as “Firstmonie”. If you want to become a Firstmonie POS agent, this guide is for you.

How to Collect POS from First Bank

You can visit any First Bank branch near you or send an email to posmerchant business to get started.

Features of a POS from First Bank

  • Reliable
  • Fast processing
  • High data security
  • Verve, Visa, and MasterCard acceptance
  • Improved technology with same-day settlement, Pay by transfer functionalities and more
  • Reporting platform which monitors daily transactions for easy reconciliation

Benefits of Collecting POS from First Bank

These are the benefits of collecting POS from First Bank

  • Elimination of Cash theft and fake currency
  • 24/7 access and secured transaction
  • Ability to track sales and collections
  • Cheaper means of transaction for both individual and corporate customers
  • Encourages spontaneous buying by cardholder
  • Improved inventory management 
  • Simple invoicing
  • Quicker payments and improved customer experience

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