Business and Finance

Paga Pos Machine Price, Charges, Daily Target: How to get Paga Pos Machine

If you’re interested in acquiring a Paga POS machine in Nigeria and learning about withdrawal charges, machine pricing, and daily transaction targets, you’ve come to the right place. This comprehensive guide provides all the essential information you need. Paga POS, a leading digital banking platform in Nigeria, offers a convenient solution for businesses of all sizes. Whether you want to accept debit and credit card payments, understand transaction fees, or explore pricing, we’ve got you covered. We’ll also guide you on obtaining a Paga POS machine. Stay tuned to uncover everything about Paga POS.

Paga  POS withdrawal charges

Paga POS machine charges offer a transparent and flexible pricing structure to cater to various transaction types. The fees are designed to accommodate the needs of both agents and customers. Here’s a breakdown of the Paga P.O.S machine charges based on the provided references:

For cash withdrawals, Paga charges 0.55% of the transaction amount for amounts ranging from N1 to N20,000. This means that a withdrawal of N1,000 would incur a fee of N5.5, while N20,000 would result in a flat fee of N100.

All cash deposits to Nigerian banks through Paga’s POS machine incur a fixed rate of N30, regardless of the deposit amount.

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Additionally, Paga offers commissions to its agents for certain transactions, making it an attractive option for merchants. For example, agents can earn commissions ranging from 1.6% to 2.8% for airtime top-ups with various mobile networks, such as MTN, Airtel, Glo, and 9mobile. They can also earn commissions of 1.2% to 1.4% for DStv and GOtv subscription payments.

It’s important to note that these charges promote financial inclusivity and encourage transactions, as they are structured to be affordable for both agents and customers. Moreover, to continue using the Paga POS machine, agents are required to meet a daily transaction target of ₦10,000. Failing to meet this target may lead to deactivation of the POS machine. For the most up-to-date and comprehensive information on Paga POS machine charges, it’s recommended to refer to the official Paga website.

Paga  POS machine price

The cost of acquiring a Paga POS machine in Nigeria is fixed at ₦30,000. This one-time payment covers the hardware, software, and activation of the POS machine. It’s important to note that there are no additional monthly or annual fees associated with using the Paga POS machine, making it a cost-effective choice for businesses and agents.

To access a Paga POS machine, individuals must first become Paga agents by completing an online application form. Once their application is approved, they can proceed to purchase the POS machine directly from Paga.

This pricing model, with its upfront cost and absence of recurring fees, makes Paga POS machines an attractive option for businesses and entrepreneurs looking to accept payments from customers.

Paga  POS daily target

Paga’s POS system does not impose a daily transaction target on its users. There is no specific requirement for daily transaction volumes. Merchants using Paga’s POS machines have the flexibility to process transactions as frequently as needed without any daily limits or targets. This policy allows for a more convenient and adaptable experience for businesses utilizing Paga’s POS services.

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

How to Get Paga  POS Machine

To acquire a Paga POS machine, start by visiting the official Paga website and clicking on the “Agent” option. On the agent page, locate the “Become an Agent” button and click it. You will be redirected to a Google Forms page where you should complete the form with your details. After this step, your application process is nearly finalized. Paga will review your submission, and upon approval, they will provide you with the POS machine. Remember to meet the daily transaction target and be aware of transaction fees based on the type of transactions you handle.


How much does POS agent charge per transaction?

POS agents in Nigeria charge service fees based on the withdrawal amount. For withdrawals between N1,000 and N2,400, customers are charged N100. Withdrawals from N2,500 to N4,000 incur a N200 service fee, while withdrawals from N4,100 to N6,400 have a service fee of N300. Withdrawals between N6,100 and N7,400 are charged N400. The fees may vary based on the amount withdrawn and the specific POS service provider.

Which bank is Paga under?

To obtain a POS terminal machine from your bank, you should open a merchant account. Provide your business details, including name, location, and contact information. Additionally, your bank will assess your business’s creditworthiness before approving your application. The availability of POS services may vary among different banks, so it’s advisable to check with your specific bank for their application process and requirements.

Which bank is Paga under?

Paga is provided by Pagatech Limited, a company licensed by the Central Bank of Nigeria to offer electronic payment system services. This affiliation ensures that Paga operates within the regulatory framework of the Central Bank, maintaining financial security and adherence to banking standards.

How do Paga agents make money?

Paga agents earn commissions on customer transactions, which increase with the number of transactions they perform. Agents also benefit from increased foot traffic to their businesses and access to quality training. This means that the more transactions you facilitate as a Paga agent, the higher your earnings will be.

How much can a POS agent make in a day?

POS agents in Nigeria can potentially earn between 5,000-11,000 Naira per day, depending on factors such as location and community trust. The lack of banking access in rural areas has created significant opportunities for POS agents to serve as a vital financial link, making this business highly profitable.

Which country has Paga?

Paga operates primarily in Nigeria, providing a convenient platform for payments and money transfers. Users can withdraw money at Paga agents across Nigeria or use card-less withdrawal at selected ATMs. Additionally, Paga facilitates direct money transfers to other bank accounts within Nigeria or to other Paga wallets.

Does Paga have ATM?

Yes, Infact, Paga cards are generally accepted anywhere that Visa is recognized, both in physical stores and online, as well as at ATMs worldwide. This widespread acceptance allows Paga users to access their funds conveniently across various locations and platforms.


With no fixed daily target, Paga offers flexibility. The transaction charges vary based on withdrawal amounts. To obtain a Paga POS machine, one should open a merchant account, provide business details, and meet creditworthiness criteria. This comprehensive knowledge empowers businesses to leverage Paga’s services effectively for payment processing, making it a valuable asset in Nigeria’s financial landscape.


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