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Firstmonie pos (charges, commission and service) and how to apply

Firstmonie pos (charges, commission and service) and how to apply.

Firstmonie is the agency banking platform from First Bank for interested people who want to start pos business and it is available for both FirstBank customers and non-FirstBank customers. Firstmonie from First Bank is one of the first agency pos available for agents to carry out daily withdrawal transactions. All withdrawal transactions are now instant settlements.

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How do firstmonie pos works

To get the Firtsmonie pos, interested agents will have to have an account with FirstBank before being unboarded on the platform. The Firstmonie account will be created and also linked to the FirstBank account, after which the agent will be mandated to meet certain targets by using the app before being given the Firstmonie pos.

Price for Firstmonie pos.

The pos
is given to the agent for free once the required target is met and will also be retrieved back if the agent doesn’t make use of the pos.

The requirement to get a Firstmonie pos

  • Firstbankk Account
  • Existing pos stand or shop
  • Identity Card
  • Bvn
  • 20k Starting Capital

Firstmonie Agent portal

The Firstmonie agent portal allows the agent to track their daily transaction even when they are not in the office click to connect to the firstmonieportal

Charges and Comision of firstmonie pos

Agent spilt the Charges and commission with FirstBank and is also paid at the end of the month. no commission for bill payment which means the agent will have to charge the customer for any bill payment.

firstmonie agent customer care number.

0700FIRSTMONIE (0700-34778-66643)
Visit any FirstBank Branch Near you.

How to unblock Firstmonie pos

Once the pos is blocked to unblock it, the agent will have to contact the firstmonie customer support for assistance

Charges and Commission of firstmonie pos

You pay 0.5% of withdrawal, Capped at 100 Naira for 20k above 
you earn 0.5% commission on every withdrawal at month end 
20 Naira flat for cash Tranfer

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