POS Machine Prices in Nigeria (Dealers Guide)

The Point of sale (POS) is the time and place where a retail transaction is completed. At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice for the customer (which may be a cash register printout), and indicates the options for the customer to make payment.

It is also the point at which a customer makes a payment to the merchant in exchange for goods or after provision of a service. After receiving payment, the merchant may issue a receipt for the transaction, which is usually printed but can also be dispensed with or sent electronically.

The point of sale is often referred to as the point of service because it is not just a point of sale but also a point of return or customer order. POS terminal software may also include features for additional functionality, such as inventory management, CRM, financials, or warehousing.

The POS system was introduced in Nigeria by the central bank of Nigeria in 2012 as a plan to encourage the cashless policy in financial transactions across the country.

point of sale POS Machine Prices in Nigeria (Dealers Guide) nigeriantech.com.ng

Businesses are increasingly adopting POS systems, and one of the most obvious and compelling reasons is that a POS system does away with the need for price tags. Selling prices are linked to the product code of an item when adding stock, so the cashier merely needs to scan this code to process a sale.

If there is a price change, this can also be easily done through the inventory window. Other advantages include the ability to implement various types of discounts, a loyalty scheme for customers, and more efficient stock control, and these features are typical of almost all modern ePOS systems.

What is a POS machine & How it Works?

A point of sale system typically includes a cash register (which in recent times comprises a computer, monitor, cash drawer, receipt printer, customer display and a barcode scanner) and the majority of retail POS systems also include a debit/credit card reader.

Some point of sale vendors refer to their POS system as “retail management system” which is actually a more appropriate term given that this software is no longer just about processing sales but comes with many other capabilities such as inventory management, membership system, supplier record, bookkeeping, issuing of purchase orders, quotations and stock transfers, hide barcode label creation, sale reporting and in some cases remote outlets networking or linkage, to name some major ones.

Nevertheless, it is the term POS system rather than retail management system that is in vogue among both end-users and vendors.

The basic, fundamental definition of a POS System, is a system which allows the processing and recording of transactions between a company and their consumers, at the time in which goods and/or services are purchased.

Why Choose a POS Machine?

The faster a sale is completed the shorter the queue time which improves customer satisfaction, and the less space it takes, which benefits shoppers and staff. High-traffic operations such as grocery outlets and cafes need to process sales quickly at the sales counter so the UI flow is often designed with as few popups or other interruptions to ensure the operator isn’t distracted and the transaction can be processed as quickly as possible.

Although improving the ergonomics is possible, a clean, fast-paced look may come at the expense of sacrificing functions that are often wanted by end-users such as discounts, access to commission earned screens, membership and loyalty schemes can involve looking at a different function of the POS to ensure the point of sale screen contains only what a cashier needs at their disposal to serve customers.

You should still consider the other benefits of the improved, handheld smart terminals to increase the level of service quality you and your staffs provide :

  • Instant Payment Confirmations
  • Easy to Use
  • Get Rid of Stress

Popular Brands Of POS Machines in Nigeria

POS Machine Prices in Nigeria (Dealers Guide) nigeriantech.com.ng

Some of the popular brands that manufacture POS terminals are the likes of Hyper com, Verifone, and igenico. These brands offer simple credit processing to more big models. Now the best part is that you’ve got to be aware that majority of the banks in Nigeria offer support and services to their existing account holders. You will be expected to make some POS charges to the bank for every successful transaction you accept with the use of the machine.

Prices of POS Machines in Nigeria

Getting a POS machine in Nigeria is absolutely Free of charge. Provided it is being giving to you from a well known reputable commercial bank in the country.

Just in case you are inquisitive about what the banks stands to gain by giving you the machine for free, you need to know that the issuing bank will make money on the long term by charging a fixed commission(between 0.25% and 1.5% depending on the bank) per transaction done through the POS.

To get a POS machine from any bank, all you need is to have an account (preferably current or corporate account) with the said bank. some banks are okay with you just having a savings account with them.


POS Machine Prices in Nigeria (Dealers Guide) pos nigeriantech.com.ng

Despite the more advanced technology of a POS system as compared to a simple cash register, the POS system is still as vulnerable to employee theft through the sale window. A dishonest cashier at a retail outlet can collude with a friend who pretends to be just another customer. During checkout, the cashier can bypass scanning certain items or enter a lower quantity for some items thus profiting thereby from the “free” goods.

The ability of a POS system to void a closed sale receipt for refund purpose without needing a password from an authorized superior also represents a security loophole. Even a function to issue a receipt with a negative amount which can be useful under certain circumstances, can be exploited by a cashier to easily lift money from the cash drawer.

In order to prevent such employee theft, it is crucial for a POS system to provide an admin window for the boss or administrator to generate and inspect a daily list of sale receipts, especially pertaining to the frequency of cancelled receipts before completion, refunded receipts and negative receipts. This is one effective way to alert the company to any suspicious activity – such as a high number of cancelled sales by a certain cashier – that may be going on and to take monitoring action.

To further deter employee theft, the sale counter should also be equipped with a closed-circuit television camera pointed at the POS system to monitor and record all the activities.

At the back end, price and other changes like discounts to inventory items through the administration module should also be secured with passwords provided only to trusted administrators. Any changes made should also be logged and capable of being subsequently retrieved for inspection.

POS Machine Dealers in Nigeria

Listed below are some of the POS dealers in Nigeria that also issue POS terminals. So if you feel going through the banks are a huge tasks then you can contact Imakus Visionlink POS or any one of these addresses listed on here and purchase to get your POS machine :

  • Citiserve limited (368, ikorodu Road, Maryland, Ikeja, Lagos Nigeria)
  • E-Print Solutions ( E31/01, Arena Shopping Complex, Bolade, Oshodi-Isolo, Lagos Nigeria)
  • BFM Consulting (36B, 2nd Floor, Toyin Street, Ikeja, Lagos Nigeria)
  • Neo High Tech Solutions LTD (62B, Opebi Road, Ikeja, Lagos Nigeria)
  • Wamcom Associates ( 5, Medical Road, Computer Village Ikeja, Lagos Nigeria)
  • Boromax Global Limited ( 12, Simbiat Abiola way, Computer Village, Ikeja, Lagos Nigeria)

Pos Machine Distributor Contact in Nigeria

POS Machine Prices in Nigeria (Dealers Guide) cac Nigeriantech.com.ng

In order to purchase your POS machine in Nigeria you should contact the distributor Visionlink POS. They are the leading distributors of POS machines in Nigeria with an extended client base and user warranty included.

Distributor Contact :  +2349076471214
Distributor Address : No 15A, Oremeji Ikeja Lagos State Nigeria.

Chinedu Okeke

Chinedu is the founder of Nigerian Tech. He is a tech enthusiast who has the passion for emerging trends in the tech industry. He is also a professional web content developer.

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178 Responses

  1. I’m interested in buying OOS

  2. Oladapo Joshua says:

    Yeah, cool nice write. I want to get pos system and need some one to put me through. I guess u can do that for me. Thanks.

  3. Omokaro mirabel says:

    I need a pos machine please help me so I can get it

  4. Best says:

    I want to be a southeast POS distributor. Many are in need of it but no way to get one.

  5. Uche says:

    Please i need a pos machine.

  6. Francis says:

    No contact numbers were provided to reach any of the dealers

  7. Linus says:


    I am Linus from portharcourt, I am need great need of POS to effectively run my agent banking, I have waited for quick teller and first bank no hop.plshow can I get one even if is to buy and own it. Thanks

  8. Carolyn says:

    Please do you have a branch here in Abia.

    I will be needing a POS.



    To get POS machine and u are Located in Lagos

  10. Ashaolu says:

    I need pos and it’s urgent

  11. Precious says:

    Plz I need pos machine
    How can I get it

  12. Precious says:

    I need pos machine
    How can I get it

  13. Precious says:

    From ajah Lagos

  14. anthony nnamdi says:

    I’m in need of it like seriously
    How can I get?

  15. Dominic says:

    I need a POS to buy. Guide me.

  16. Oluwasegun olalekan says:

    I need a POS machine

  17. Dike says:

    Please I need pos machine
    From Ibeju Lekki LGA Lagos how do I go about it

  18. Hammed says:

    I need POS machine ,how can I get it….am from ogun state,ifo

  19. Adebayo says:

    I need pos machine

  20. Opasan Olamide says:

    Please I want you to put me through , I want to buy and learn how to use POS to make profits

  21. Isaiah Ephraim says:

    I need a POS machine hw we I get

  22. Lawal says:

    I want to buy a POS machine. Can you assist me on that?

  23. Magdaline says:

    Can I order for the POS, am at Ajah

  24. I need pos urgently, please kindly call me or details me on how to reach you on phone, I am in Lagos. Phone number 08134293276

  25. Abayomi says:

    I need pos machine

  26. Gideon says:

    Good day,I need pos machine.I reside at Casso, Alagbado, Lagos.

  27. Taiwo says:

    How will I have to get the least of pos?

  28. Taiwo says:

    How much will it cost to get the least Pos machine?

  29. Lopez says:

    I need pos so urgent, how do I go about it. Help!

  30. Ujunwa Josphine says:

    Please I am in need of POS. Can I get one? And how can I get it here in akwa Anambra state, am using it for agent banking business.is urgent pleas

  31. Peter says:

    Please I need one

  32. Peter says:

    Please I need a pos

  33. Abdullahi says:

    Pls which POS di u people offer and what is the charges

  34. Karry says:

    What kind of POS do you offer and what is ur price

  35. David says:

    Pls can I buy a pos device in Lagos and use it in another state

  36. The Carsons says:

    I need a POS machine.
    Your guidance, please.

  37. Joshua says:

    How do I contact you

  38. Jackson Collins says:

    How can one the pos terminal

  39. David Eden says:

    Please I am interested I want you o buy please how do I get it thanks

  40. Ilesanmi sunday says:

    I need pos machine

  41. Victory says:

    I need a pos machine, what’s the cost please?

  42. Chima Stephen says:

    Please I need a POS machine how do I get it

  43. Victor says:

    Pls I need a pos machine urgently

  44. Ivie says:

    How do I contact you, i need more information on it. Thanks

  45. Bose says:

    I need a pos in isolo

  46. Onyebuchi says:

    Please I am an existing agent and I want a monipoint POS, pls kindly assist me or direct me on how to get it.

  47. Hameenah says:

    Good day….pls ow do I get pos machine i stays in apapa wharf….

  48. TIJANI says:

    Pls can i get your phone No and prices of your POS.

  49. Samuel says:

    Good evening, I need a pos machine and how can I get it.


    Please i need pos mschine how do i go about it


    I need a pos machine how do i go about it

  52. Peres Siloko says:

    Please I will like to get one of the Pos machine, how can I go about it

  53. UCHE GODSWILL says:

    I need a POS machine

  54. Princess says:

    How do I get a pos I am interested

  55. Hadiza says:

    Hello,pls how will I get opal pos machine

  56. Ezekiel says:

    Admin, may I please have a description of the POS, the cost charges and the price?
    Thank you

  57. Terkula says:

    Nkem, direct me on how to purchase POS machine. Thank you

  58. Ademola lasisi says:

    I need a pos terminal

  59. MR GODWIN says:

    hello good day, i need a POS machine i live in Abuja how do i go about it.
    Mr Godwin

  60. Musa ibrahim says:

    Please I really need pos for my business nt to crumble

  61. Rosy says:

    How can I get one

  62. Bridget says:

    I need a pos machine

  63. Ezekiel Bulus Izang says:

    I’m interested in buying the POS mechine

  64. amah maryann says:

    pls sir here is my email address maryray202@gmail.com pls send me a message there pls i really need to be a distributor

  65. Please how can i get it in badagry

  66. Erica says:

    Hi, if am buying a pos machine outside the financial institutions, will there still be bank charges for transactions??? I need urgent clarity pls

  67. Regina says:

    I called the number here the person picked and said he does not no vision link

  68. Valentine says:

    I need a POS machine

  69. Valentine says:

    How much do it cost

  70. Evelyn Ogbonna says:

    I need one please send me address and contract no

  71. PAUL EDU says:

    I need pos machine.

  72. Morayo says:

    His can I go about getting OOS machine, I need one

  73. Morayo says:

    His can I go about getting POS machine, I need one

  74. Oluwaseun says:

    I need post matching please how can I get it

  75. Joseph Ibrahim says:

    Can somebody buy and use it at Taraba State? From Lagos to Taraba State to use it there

  76. queen udo says:

    i need it

  77. queen udo says:

    i need the pos machine

  78. Chioma says:

    I need the pos machine. How can I get it?

  79. Ismail Bisiriyu says:

    I need pos…Please your contact

  80. Joshua Iyenyeme Moses says:

    How can I get a moneypoint POS and with how much I’m at Ahoada, in Rivers State.

  81. Blessedpraise says:

    I need a pos machine for my business Center please

  82. Collins says:

    I need POS

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