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Paga POS Machine Price, Charges, Daily Target: How to Get a Paga POS Machine

Paga, a leading financial technology company in Nigeria, offers businesses a convenient and versatile solution through its POS machines. If you’re looking to understand the price, associated charges, and how to obtain a Paga POS machine, you’ve come to the right place. In this article, we will delve into the key aspects of the Paga POS machine, providing valuable insights into its affordability, transaction charges, and the simple process to acquire one. 

Furthermore, we’ll explore the myriad benefits that businesses can enjoy by integrating a Paga POS machine into their operations. Get ready to discover how this innovative payment solution can revolutionize your business transactions.

How to Get a Paga POS Machine

Obtaining a Paga POS machine is a straightforward process that offers convenience and accessibility to businesses of all sizes. Whether you are a small retailer, a service provider, or a larger establishment, integrating a Paga POS machine into your operations can enhance your payment capabilities and streamline transactions. Here is a comprehensive guide on how to get a Paga POS machine:

  1. Visit a Paga Agent Location: One option to acquire a Paga POS machine is by visiting a Paga agent location. Paga has a wide network of agents across Nigeria, making it convenient for businesses to find a nearby agent to initiate the application process. At the agent location, you will be guided through the necessary steps and provided with the required documentation.
  2. Complete the Application Form: Once you have located a Paga agent, you will need to complete the application form to request a Paga POS machine. The application form typically requires information such as your business details, contact information, and identification documents. Make sure to provide accurate and up-to-date information to ensure a smooth application process.
  3. Submit Supporting Documents: To support your application, you will need to provide certain documents that verify your business and identity. These documents may include your business registration certificate, valid identification (such as a national ID card or passport), proof of address (utility bill or tenancy agreement), and your Bank Verification Number (BVN). Paga requires these documents to comply with regulatory requirements and ensure the security of the payment ecosystem.
  4. Await Application Approval: After submitting your application and supporting documents, Paga will review your information and assess your eligibility for a POS machine. The approval process typically takes a few days. During this time, Paga will conduct due diligence to verify the authenticity of the provided information. If your application is approved, you will be notified via email or phone call.
  5. Arrange for Device Pickup or Delivery: Once your application is approved, you will need to arrange for the pickup or delivery of the Paga POS machine. Paga will provide instructions on how to proceed. If you choose to pick up the device, you can visit the designated Paga agent location where it will be made available to you. Alternatively, you can opt for delivery, and Paga will arrange for the POS machine to be shipped to your business address.
  6. Install and Activate the POS Machine: Upon receiving the Paga POS machine, you will need to install it at your business location. The installation process is relatively simple and user-friendly. Paga provides detailed instructions and support to ensure a smooth setup. Once the POS machine is installed, you will need to activate it by following the provided activation process. This typically involves connecting the device to the internet and verifying its functionality.
  7. Start Accepting Payments: Congratulations! With your Paga POS machine successfully installed and activated, you are now ready to start accepting payments from customers. Whether it’s cash, card payments, or bank transfers, the Paga POS machine enables you to offer a variety of payment options to your customers, enhancing their convenience and expanding your revenue opportunities.
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It’s important to note that while the application process for obtaining a Paga POS machine is straightforward, Paga reserves the right to evaluate each application on its merits. Approval is subject to compliance with regulatory requirements and internal policies.

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Paga POS Machine Price

Currently, the price of a Paga POS machine is set at N15,000. This cost includes the hardware device itself, along with the necessary software and features to process payments efficiently. The relatively low price point of the Paga POS machine makes it an attractive option for businesses looking to enhance their payment capabilities without incurring significant upfront costs.

The price of a Paga POS machine is an important factor to consider when deciding to integrate this payment solution into your business. The affordability of the device makes it accessible to businesses of varying sizes, including small and medium enterprises (SMEs).

It’s important to note that the price of the Paga POS machine may be subject to change, so it’s advisable to check with Paga or their authorized agents for the most up-to-date pricing information.

Considering the affordable price of the Paga POS machine, businesses can enjoy the benefits of accepting various payment methods, expanding their customer base, and increasing revenue streams. This cost-effective solution empowers businesses to improve their overall payment experience and streamline their transaction processes.

In addition to the initial cost of the POS machine, it’s crucial to be aware of the associated charges that come with using the device, such as transaction fees and network fees. These charges are separate from the purchase price of the POS machine and are incurred when processing transactions through the Paga network. The specific transaction fees depend on the type of transaction, while the network fees are determined by the network provider.

By considering both the upfront cost and the associated charges, businesses can make an informed decision about integrating a Paga POS machine into their operations. The benefits and convenience offered by the device, coupled with its affordable price, make it a compelling option for businesses looking to enhance their payment processing capabilities and provide a seamless experience for their customers.

Paga POS Charges

When considering the usage of a Paga POS machine, it’s essential to understand the charges associated with its operation. While there are certain fees involved, it’s worth noting that Paga does not impose a daily target for transactions processed through their POS machines. Let’s explore the charges in detail:

  1. Transaction Fees: Paga charges a transaction fee for each transaction processed through their POS machines. The fee varies depending on the type of transaction being conducted. For example, cash withdrawals typically incur a fee of N10 per transaction, while bank transfers carry a fee of N20 per transaction. These transaction fees contribute to the operational costs of the Paga network and help ensure the smooth functioning of the payment ecosystem. It’s important for businesses to factor in these transaction fees when considering the overall cost of utilizing a Paga POS machine. By understanding the fee structure, businesses can accurately assess their expenses and make informed decisions regarding their pricing strategies.
  1. Network Fees: Paga POS machines operate using the network infrastructure of MTN Nigeria. As a result, MTN charges a network fee for each transaction processed through the Paga network. Currently, the network fee stands at N1.50 per transaction.
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The network fee is separate from the transaction fee charged by Paga and covers the cost of utilizing the MTN network infrastructure for secure and reliable transaction processing. Businesses should take this fee into account when calculating their transaction costs and determining their pricing structures.

It’s worth noting that the transaction and network fees may be subject to change over time. To ensure accurate information, businesses should consult with Paga or their authorized agents for the most up-to-date fee structure.

Paga POS Daily Target

While there are charges associated with using a Paga POS machine, it’s important to emphasize that Paga does not impose a daily target on transactions. This means that businesses are not obligated to meet a specific quota of transactions per day. Instead, businesses have the flexibility to conduct transactions as per their requirements and the demands of their customers. 

This absence of a daily target allows businesses to operate at their own pace and focus on providing excellent service rather than meeting preset transaction goals.


How much do I need to be a Paga agent? 

To become a Paga agent, you need to meet the minimum capital requirement, which is currently set at N50,000. This amount ensures that you have sufficient funds to support your agent operations and provide adequate liquidity for customer transactions.

How much does Paga POS charge per transaction? 

The transaction fees charged by Paga for POS transactions vary depending on the type of transaction. For example, the fee for a cash withdrawal transaction is N10 per transaction, while the fee for a bank transfer transaction is N20 per transaction. It’s important to consider these fees when calculating the overall cost of processing transactions through the Paga POS machine.

How much does it cost to start a Paga business? 

The cost of starting a Paga business, which includes becoming a Paga agent and obtaining a Paga POS machine, involves the minimum capital requirement of N50,000 to become an agent. In addition, there is the cost of acquiring a Paga POS machine, which is currently priced at N15,000. These costs should be factored into your initial investment when starting a Paga business.

Can I get a POS machine from my bank?

Yes, it is possible to get a POS machine from your bank. Banks in Nigeria offer POS machines to their customers, usually to businesses that have an existing relationship with the bank.

How do I request a POS machine? 

To request a POS machine from your bank, you will need to reach out to your account manager or visit your bank’s branch to inquire about the application process and the requirements involved. The specific procedures and criteria may vary from bank to bank, so it’s important to communicate directly with your bank for detailed information on obtaining a POS machine from them.


In conclusion, the Paga POS machine offers businesses in Nigeria a convenient and accessible solution for processing payments and enhancing their transaction capabilities. By understanding the process of obtaining a Paga POS machine, businesses can take advantage of its benefits and expand their payment options.