Baxi POS, a revolutionary point-of-sale system, is taking the Nigerian market by storm. If you are a business owner, large or small, or an agent looking to stay ahead of your game, Baxi POS is the right choice.
Baxi POS is an innovative solution that allows entrepreneurs to receive payments, create invoices, and manage transactions on the go. It gives you the flexibility to handle different payment options including cash, debit, and credit cards to ensure smooth transactions.
Baxi POS is owned by Capricorn Digital Limited, a pan-African digital payment solutions provider, with a proven track record of providing payment solutions in various African countries. Established in 2015, Capricorn Digital Limited has since changed the way businesses transact with their customers and Baxi POS is no exception.
If you want to know more about Baxi POS, this article is for you. Keep reading and you’ll learn about Baxi POS fees, daily targets, prices, and Baxi POS machine requirements.
Features of Baxi POS machine
List of features of Baxi POS machine
- User-friendly interface: The Baxi POS machine is designed to be user-friendly with an intuitive and easy-to-navigate interface. Even users who are not tech-savvy can use the device without any difficulty.
- Multi-language options: Baxi POS comes with multi-language support, allowing users to interact with the device in their preferred language. This feature makes it easier for non-native speakers to use the device.
- Strong Security: The Baxi POS offers strong security features such as encryption, tokenization, and PCI compliance. The machine ensures that every transaction is protected and secure.
- Easy to update: The Baxi POS is designed with an easy update function, ensuring the device is always up to date with the latest software and security updates.
- Multiple payment options: The Baxi POS machine supports multiple payment options such as cash, debit card, credit card, and mobile payment. This feature makes it easier for customers to pay for goods and services.
- Fast transactions: With Baxi POS machines, transactions are processed quickly, ensuring customers spend less time queuing, thereby maximizing business efficiency.
- Real-time reporting: The Baxi POS machine has a real-time reporting feature that allows businesses to track sales and inventory at any time. This feature helps businesses make informed decisions about their inventory and sales strategies.
- Integration with other systems: The Baxi POS machines can be easily integrated with other systems such as inventory management and accounting software, allowing businesses to manage sales and operations more effectively.
- Remote management: Baxi POS provides remote management capabilities, allowing businesses to manage their devices remotely. This feature helps businesses save time and money because they can easily troubleshoot and resolve problems without the presence of a technician.
- 24/7 customer support: Baxi POS offers 24/7 customer support, ensuring businesses can always get the help they need in real time. This feature provides peace of mind for business owners who rely on machinery to run their business.
How to Get a Baxi POS Machine
Below is the process of getting a Baxi POS machine for your business.
- Research about Baxi POS: The first step to getting Baxi POS is to research and become familiar with the product. Visit the Baxi website, read reviews, watch demo videos, and compare it to other POS systems to determine if it’s right for your business.
- Contact Baxi: Once you’ve decided that Baxi POS is right for you, contact the company to express your interest. You can do this through their website, by email, or by phone.
- Provide necessary information: When you contact Baxi, they will ask for basic information about your business, such as name, location, and business type. They’ll also want to know what features and services you’re interested in, such as payment processing, inventory management, or customer engagement tools.
- Schedule a demo: Baxi offers a free demo of the POS system, allowing you to test its features and see how it works. Schedule a demo with Baxi at a time that works for you.
- Evaluate the demo:During the demonstration, pay attention to the features and functions of the POS system. Please note any questions or concerns you may have and ask your Baxi representative for clarification.
- Sign up for Baxi POS:If you’re satisfied with the demo and want to continue with Baxi, sign up for the service. Baxi will provide you with everything you need to get started, including hardware and software.
- Attend Training: After registering with Baxi POS, you will need to complete training on how to use it. Baxi offers training sessions to its customers to ensure they are comfortable with the system.
- Start using Baxi POS: After the training, you’re ready to start using Baxi POS in your business. You can start processing payments, managing inventory, and interacting with customers using the system’s features and tools.
- Contact Baxi customer care and support: If you have any questions or problems with Baxi POS, please contact their customer support team for assistance. They are available to assist you with any technical or usability issues you may encounter.
Baxi POS charges
Are you considering purchasing Baxi POS for your business but concerned about the fees involved? Don’t worry, we’ve got you covered! In this section, we will look at all the fees associated with Baxi POS and reveal how agents can benefit from them.
The first and most important cost to consider is the cost of the equipment. Baxi POS device is sold at an affordable price of N25,000. Once you purchase the device, you will have to pay an annual fee of N2,500 for maintenance and software updates. Another fee to keep in mind is the transaction fee. Baxi POS charges a flat 1.5% fee on all transactions. Suppose a customer makes a purchase worth N10,000, the transaction fee will be N150. It’s done! There are no hidden fees or additional costs.
So how do agents make money from Baxi’s POS fees? It’s quite simple. Agents earn a commission for every transaction made with Baxi POS. The commission rate is 0.25%, which may not seem like much but can add up over time. In addition, agents can also earn money by selling airtime, data, and other value-added services using Baxi POS devices.
Baxi POS Daily Target
As a business owner or agent, having a Baxi POS is a great way to simplify your transactions, keep track of your finances, and increase your revenue. However, having a POS system is not just about having the hardware and software; it is also about meeting the daily targets set by the Baxi platform.
The Baxi POS daily target amount is the minimum amount of transactions that you are required to make in a day using your Baxi POS machine. This target amount is set by the Baxi platform to ensure that agents using their POS are active and meeting the needs of their customers. The daily target is N1000.
What will happen if you are not able to meet the target? Well, for starters, you will not be able to enjoy the full benefits of being a Baxi POS agent. You will also be subject to penalties which may include a reduction in your commission rate or fines for non-compliance.
On the other hand, meeting the daily target comes with a lot of benefits. Apart from being able to enjoy the full benefits of being a Baxi POS agent, meeting the daily target increases your chances of earning more money. Baxi rewards agents who consistently meet their daily targets with bonuses and incentives.
Requirements to meet before getting a Baxi POS machine
Baxi POS is a reliable and efficient point-of-sale system that allows you to easily receive payments from customers. However, before you can buy a Baxi POS machine, you must meet certain requirements. Here is a complete guide:
- Business registration: Before you can register a Baxi POS machine, you must ensure that your business is registered with the Corporate Affairs Commission (CAC). This means you must have a valid business or company name, business address, and contact details.
- Bank account: The prerequisite for getting a Baxi POS machine is to have a bank account with any commercial bank in Nigeria. This account must be active to allow you to receive payments for transactions made on the POS terminal.
- Valid ID: To register for a Baxi POS machine, you need valid means of identification such as an identity card, international passport, driver’s license, or voter card. This is to verify your identity and ensure the security of your transactions.
- Business Location: Baxi requires that the business location be accessible and not be a mobile business or roadside vendor.
- Business experience:To be eligible to use a Baxi POS machine, you must have a minimum of 6 months of business experience. This is to show that you are experienced in your business and can manage point-of-sales operations.
- Quickly resolve and reactivate existing machines: Baxi requires applicants to be in good financial standing and to pay commissions promptly. Existing Baxi terminals must be properly maintained and inspected before requiring new equipment.
FAQs on How to Get Baxi POS: Baxi POS charges, Daily Target, POS machine price, and Requirements.
1. How much is the Baxi POS fee?
Baxi POS fees depend on transaction volume. Transaction fees range from 0.50% to 1.50%, set by the Central Bank of Nigeria.
2. What is the daily goal of Baxi POS transactions?
There is no daily target for Baxi POS transactions. Baxi POS allows you to make as many transactions as possible during the day without any limits.
3. How much does a Baxi POS machine cost?
Baxi POS machines are provided free of charge. All you need to do is register with Baxi and follow the registration process.
4. What requirements must be met to have a Baxi store?
Requirements to obtain Baxi POS include a valid means of identification, a valid phone number, and a bank account. You will also need to provide your business name and location.
5. Can I buy multiple Baxi POS machines for my business?
Yes, you can purchase multiple Baxi POS machines for your business. However, you will need to register each machine separately and meet the requirements to get them.
Baxi POS machines are a very good point-of-sale terminal that businesses of any level can integrate as a payment method. It is a cheap and feature-rich device that offers several services such as airtime and data purchase, bill payment, and a host of others.