Kudi POS charges lists and commission for (deposit and withdrawal) 2023

In this post I will talk about kudi POS charges, for withdrawal, deposit and also it’s commission. With this, those having it in mind to get Kudi POS machine will know their charge rates and what they offers as commission when you use their POS machine.

POS stands for (point of sale) it is a medium or a channel to carry out numerous transactions without stepping your foot in bank. POS machine since it’s adoption in Nigeria as been in high demands because it ease stress and saves time. We have several companies that offers POS machine such as: (Opay, Monicash, MoMo, Kudi etcetera). So as earlier said, kudi will be my main discussion.

About Kudi POS machine

Kudi known as Nomba is one of the best online virtual wallet, offering banking services electronically to those in Nigeria. Kudi collide with most commercial banks to help people get loan, insurance, and savings. One of kudi primary goal is to enable people pay for bills, send money to and fro and also perform other operations online very faster with less stress through their POS machine. Now let’s talks about.

Kudi POS charges for deposit, withdrawal charges and commission

Kudi POS charges is nice and less, the highest they will charge you is 0.7% per transactions. And as an agent, you have the ability to set the amount to be deducted from your costumers debit card when they make withdrawals at your POS stand.

Kudi pos withdrawal charges

Kudi POS withdrawal charges since it’s arrival till now remains unchanged. For instance if you wish to make withdraw from #100 to #4,500 into your bank from your Kudi POS machine, you will be charged #25 only.

Above #4,500 to #25,000, you will charged 0.6%. Between #25,000 to #500,000 you will pay #150. 

Kudi pos charges for deposit

Here this is for agent or those ventured into POS business. Kudi gives you opportunity to deposit into your kudi POS machine for free without charges which could be done directly from your bank account balance or from any POS machine you may have.

Kudi POS Commission

Each time you carryout transactions with your kudi POS machine, you earn some commission which you can withdraw it when you have pass threshold of #50 in your commission account balance. Here are steps to follow to withdraw your commission: 

  1. Login to your agent app with your registered number and password.
  2. Click on “Transactions” button.
  3. Click on “Commission Wallet” icon.
  4. Click on “Referal commission’ icon.
  5. Type on menu three dots and click on “Commission Cashout” then click on “Proceed”.

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