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Finance

QPay POS Benefits

Networking For Business Owners

Qpay POS is arguably the best POS  machine in the market currently.

The reason for this submission is very simple, Qpay uses superior hardware as compared to most other POS  companies in Nigeria at the moment.

Due to the fact that the purchasing power of the naira is low, it is common practice for companies to favor inferior products over higher quality products. This is a known truth in almost every industry in Nigeria, and the fintech industry is not left out. Most times, penetrating the Nigerian market means making sacrifices on a lot of things, so you cannot blame these companies, they are only supplying a demand.

However, at Qapitapay, after looking at the future of payments, we already know that these current POS  machines in the market would not do the job in the near future. As a matter of fact, it is already happening. These are already evident in the myriad of failed transactions you experience when you carry out your POS transactions. Most times, these failed transactions are not because of network issues but simply because the POS machine itself was not able to handle the transaction. This is the reason why a number of times you have to try a transaction more than once for it to go through.

In the nearest future, 6 months to a year from now, a lot of POS  machines would no longer be able to handle payments efficiently, and merchants and cashback vendors would be forced to get new machines to replace what they’re currently using.

Here is a side by side comparison on the POS machines i=currently in circulation in the market:

  1. Ram Size:

The RAM size on POS machines determines greatly how much information they can process at the same time. Different card types require different kinds of information to be processed before a payment is approved. This is the reason why it sometimes seems that your POS machine has trouble processing payments on some bank cards as compared to other bank cards. If your POS  RAM size is huge enough, it is more able to process this information and allow your payments go through more easily.

  1. Better cameras

Due to the increasing adoption of QR payments in Nigeria, the once dormant or sometimes completely absent camera feature has become a must have if you would easily collect payments from customers in the future.

  1. Android 7 operating system, to enable ease of navigation
  2. Quad core processor to ensure your device has a high enough processing power to take whatever you throw at it.
  3. Sports magnetic card reading, and contactless payments.
  4. Prints receipts and comes with a built in inventory management software which helps you keep proper inventory in your store

With these you can easily agree that QPay has the best POS devices on  the market as at this point.

To get a QPay POS simply place a call across to 08061403462 and you will be Put through the process of getting one.\

Or go to your app store and download the QPay app.

Register yourself, and on the ‘receive’ tab, you click ‘Request for a pos’. And after this you would be contacted immediately by any of our business front desk officers.

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