How To Get Baxi POS: Baxi POS Charges, Daily Target, POS Machine Price and Requirements

Baxi, a Nigerian fintech business, created a POS system called Baxi POS. The Baxi POS is a dependable and low-cost option for businesses of all sizes to take consumer payments. The Baxi POS system is a portable terminal that accepts cash, credit cards, and mobile payment systems. Receipts for customers can be printed out as well.

Transactions may be traced and monitored in real time thanks to the device's Bluetooth connection with the Baxi app. The Baxi POS system's low price is a perk that every salesperson will appreciate. The point-of-sale gadget from Baxi is available to businesses for a flat rate. This makes it a desirable choice for startups that lack the capital to invest in more elaborate point-of-sale systems.

In this post we will disscuss How To Get Baxi POS: Baxi POS Charges, Daily Target, POS Machine Price and Requirements

What is Baxi POS?

Baxi POS is a popular point-of-sale (POS) solution in Nigeria. It allows businesses to accept payments from customers using debit and credit cards. Baxi POS offers a variety of features and benefits, including:

●        Low transaction fees

●        Easy to use

●        Secure

●        Portable

If you're looking for a POS solution for your business, Baxi POS is a great option.

Baxi Box POS Device Features

The following describes two additional exciting functions of the Baxi POS machine: withdrawals and transfers of funds.

Account balance checking:  A new feature of the Baxi pos 2.0 is the ability to check a customer's account balance via an ATM terminal.

Multiple Fund transfer portal: Unlike traditional point-of-sale terminals, the Baxi Box pos and app may transfer funds to consumers' accounts at any of three different banks: Zenith Bank, GTBank, or Rubies Bank. Transfer fees are N30, and withdrawal fees are 0.55 percent.

Utility Bill Payment: Baxi Box's platform is highly dependable, and you can earn a commission on any utility bill payments you facilitate. This includes but is not limited to power bills, recharge cards, and cable subscriptions.

Recharge card sales: With your POS and the Baxi app, you can sell recharge cards and print out their pins, and you'll get a cut of the profits.

The following are some of the capabilities of the Baxi Box POS system:

●        Cash withdrawal

●        Fund Transfer

●        Instant Settlement

●        Utility Bill Payment

●        Withdrawal through USSD without a card

●        Create a PIN/voucher for a recharge card to offer to customers.

●        Create a virtual ATM card (MasterCard) that you may use to make online purchases.

●        Purchase Bulk SMS

Baxi POS Machine Price

Baxi offers two types of POS at different price points. Baxi Android POS costs N80,000, while Baxi mPOS costs N30,000.

Baxi also provides a more flexible method of acquiring their mPOS equipment. You must hire it here and pay a cautionary cost of N5,000. Following that, you'll pay N15,000 to receive the device.

How to Get a Baxi POS - How To Apply For Baxi POS

The application process for a Baxi POS machine is broken down into the following steps:

●        Install the Baxi app on your device, or go to their website.

●        Create an agent account using your phone number as the login information.

●        Upgrade to Baxi Pro with your BVN for your existing account.

●        Request for Baxi mPOS or Andriod POS

●        Complete the registration form for the Baxi POS system, and then send it in for evaluation.

●        When all of this is finished, the Baxi Box team will evaluate the application you submitted. This can take anything from twenty-four to forty-eight hours, on average. Bear in mind that they are at liberty to either grant or deny your request.

In the event that it is accepted, a representative will be in touch with you to discuss the next steps in obtaining your POS system. If your request was denied, you still have the option to submit a new one.

Baxi POS Charges

Baxi POS charges a variety of fees, including:

●        Transaction fees: Baxi POS charges a 2.75% transaction fee for debit card payments and a 3.5% transaction fee for credit card payments.

●        Monthly subscription fee: Baxi POS charges a N1,000 monthly subscription fee.

●        Rental fee: If you choose to rent a Baxi POS machine, you'll be charged a monthly rental fee of N1,500.

Baxi POS Daily Target

Baxi POS does not have a daily target. You can use the Baxi POS to process as many or as few transactions as you want.

Baxi POS Requirements

To get a Baxi POS, you'll need to meet the following requirements:

●        You must be a Nigerian citizen or resident.

●        You must have a valid business registration certificate.

●        You must have a bank account in Nigeria.

●        You must have a good credit history.

FAQS

How can I fund my Baxi Box Wallet?

You may fund your Baxi Box agent wallet in the following ways:

●        Baxi Funding Through USSD Wallet

●        Transfer to Baxi Account Number

●        Direct Debit Transfer

Does Baxi have daily target?

For merchants, Baxi POS does not have a daily transaction objective. However, the merchant's bank account, which is used to pay transactions conducted on the Baxi POS device, may have a minimum balance requirement.

What kind of customer support does Baxi provide?

Baxi offers customer support through various channels, including phone, email, and chat support. You can reach out to their support team for any queries or issues you may have.

How much is the Baxi POS machine?

Baxi offers two types of POS at different price points. Baxi Android POS costs N80,000, while Baxi mPOS costs N30,000.

How much does Baxi POS charge in Nigeria?

Baxi POS charges a variety of fees, including:

●        Transaction fees: Baxi POS charges a 2.75% transaction fee for debit card payments and a 3.5% transaction fee for credit card payments.

●        Monthly subscription fee: Baxi POS charges a N1,000 monthly subscription fee.

●        Rental fee: If you choose to rent a Baxi POS machine, you'll be charged a monthly rental fee of N1,500.

Which bank owns Baxi?

Baxi is not a bank's subsidiary. In Nigeria, the company's network of agents provides access to a variety of digital financial services, including bill payment, airtime recharge, and money transfers.

Conclusion

Baxi POS is a great option for businesses of all sizes. It offers low transaction fees, easy-to-use software, and a wide range of features. If you're looking for a POS solution for your business, Baxi POS is a great option to consider.