Palmpay POS charges, daily target, POS machine price: How to get a Palmpay POS machine.

Everything you need to know about Palmpay

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Are you looking for a reliable mobile point of sale (POS) terminal that can handle all your business transactions securely and efficiently?  Palmpay is right for you.  Palmpay is a payment platform that provides fast and simple payment solutions for businesses, individuals, and organizations. The Palmpay POS machine is one of the innovative products introduced by the Palmpay team to help people transact more easily.

Palmpay POS charges, daily target, POS machine price: How to get a Palmpay POS machine.


Palmpay POS machines are high-tech, user-friendly devices that allow merchants to accept payments from customers with ease. Designed with intuitive features, Palmpay POS  accepts card payments, bank transfers, QR code payments, and even cash through the integrated cash register. With an easy-to-use interface, you can complete transactions in seconds, providing a smooth and seamless experience for sellers and customers.

But that’s not all. Palmpay POS machines are equipped with high-security standards to help protect your transactions from fraud or unauthorized access. 

It provides an end-to-end encryption system to secure all sensitive customer data during transactions. So you can rest assured that customer payments are safe and secure when you use Palmpay POS  for your business transactions.  So, if you are looking for an efficient, reliable, and secure POS machine to take your business to the next level then Palmpay POS machine is the best choice for you. Read on to learn more about the benefits and features of this innovative payment solution.

Features of Palmpay POS machine 

Features of Palmpay point of sale:

  1. Security: Palmpay POS offers top security features to protect confidential merchant and customer information. The device uses advanced encryption technology to prevent unauthorized access and protect against data breaches. 
  2. Compatibility: Palmpay POS is compatible with all major debit and credit cards, meaning customers can pay with any card they want. This feature helps sellers easily serve more customers.
  3. User-friendly: Palmpay POS is designed with users in mind. The device has a simple and intuitive interface that allows merchants to easily process payments.
  4. Convenience: Palmpay POS is portable, meaning merchants can take it with them wherever they go. This feature eliminates the need for traditional POS systems that are cumbersome and fixed.
  5. Fast transaction: Palmpay POS processes transactions in real-time, making the payment process fast and efficient. This feature ensures that customers do not have to wait to complete their transactions.
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How to get a Palmpay POS machine.

Now you’re probably wondering how to get a Palmpay POS machine. Here are the steps to follow:

  • Register as a Palmpay user: If you are not yet a Palmpay user, the first step is to create a Palmpay account. Download the Palmpay app to your mobile device and fill in your personal information when prompted.
  • Request For Palmpay POS: Once registered as a Palmpay user, you can request a POS terminal by contacting the Palmpay customer service team. You can do this by calling the Palmpay contact center or sending an email to 
  • Submit your business details: Palmpay will need some basic information about your business, such as business name, location, and business type. You will also need to provide proof of ownership or registration of your business.
  • Wait for confirmation: Once you submit your business details, Palmpay will review your application and confirm whether you are eligible to receive a POS terminal. This process usually takes a few days.
  • Get your bin: If you qualify, Palmpay will provide a POS terminal for your business. You will also be trained on how to use the POS machine and how to resolve any problems.

Type of Palmpay  POS machine and their price.

Below is the list of Palmpay POS machines and their respective prices.

  1. Palmpay Classic POS – This is a beautiful and portable device, perfect for small and medium businesses. It comes with a 5,000 mAh battery and supports multiple payment channels.  Palmpay Classic POS is available for purchase at a price of N30,000.
  2. Palmpay X POS – Palmpay The device comes with a 10,000 mAh battery, a large 5.5-inch touch screen, and supports many payment channels.  Palmpay X POS is available for purchase at a price of N60,000.
  3. Palmpay Mobile POS – Palmpay Mobile POS is a versatile device that allows you to accept payments on the go. It comes with an integrated SIM card and supports multiple payment channels.  Palmpay Mobile POS is available for purchase at a price of N25,000.
  4. Palmpay Smart POS – Palmpay Smart POS is an advanced device designed for businesses that require high levels of security and functionality. It comes with a fingerprint sensor, and a large 5.5-inch touchscreen, and supports multiple payment channels.  Palmpay Smart POS is available for purchase at a price of N45,000.
  5. Palmpay Mini POS – Palmpay Mini POS is a compact device perfect for small businesses and individual sellers. It comes with a 3,0 00 mAh battery and supports multiple payment channels.  Palmpay Mini POS is available for purchase at a price of N20,000.  
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All Palmpay POS devices come with a one-year warranty and free software updates. To purchase one of these devices, visit the Palmpay website or contact their customer service team. With Palmpay, you can take your business to the next level with a seamless payment process and enhanced customer experience.

Palmpay POS transaction charges

If you’re a Palmpay POS customer, you’ll be happy to know that Palmpay charges some of the lowest transaction fees on the market. Palmpay’s transaction fees are transparent, simple, and affordable. Below is a breakdown of Palmpay POS transaction fees:

For each transaction made using Palmpay’s POS, Palmpay charges a flat fee of 0.75%. This means that if you make an N10,000 transaction, you will only be charged  N75 as a transaction fee. The good news is that these fees include all taxes and fees, so you won’t have to worry about hidden costs.

For merchants using Palmpay POS machines to accept payments, Palmpay charges a monthly fee of N1,000. This fee is for the use of  POS machines and other related services and may be renewed every month.  Palmpay also offers free transfers to other Palmpay wallet users, making it easier than ever to send and receive money from friends and family.

Palmpay POS transaction daily target

As a Palmpay POS customer, it’s important to understand your daily targets and how they impact your business.

Your daily goal is the minimum amount you expect to earn in one day with your Palmpay POS. This target changes depending on your account level and the type of trading you do.

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For example, if you are a beginner client, your daily target may range from N10,000 to N20,000, while an advanced client may have a daily target of N50,000,000 or more. go up. These goals are set to ensure that you make a profit and grow your business by completing a certain number of transactions per day.

To calculate your daily target, simply multiply your trading fees by the number of trades you plan to make in a day. For example, if your trading fee is 0.75% and you plan to make 20 trades per day with an average of N5,000 each, then your daily target will be N75,000.

Achieving daily targets is not only essential for growing your business but also gives you exciting rewards and perks, such as cashback and transaction discounts. Therefore, it is important to track your progress daily and take steps to achieve your goals. 

FAQs on Palmpay POS charges, daily target, POS machine price: How to get Palmpay POS machine.

1. What are the daily transaction Targets of Palmpay POS customers?

Daily transaction goals for Palmpay POS customers are set based on the needs and goals of each business. It’s important to set realistic and achievable daily goals.

2. How can Palmpay POS customers increase their daily transaction Target?

To increase daily transaction goals, Palmpay POS customers can offer promotions and discounts, expand product categories, and focus on excellent customer service to retain customers.

3. Is there a penalty if daily targets are not met?

There is no penalty if you do not reach your daily trading goal. However, it is essential to continue working towards your daily goals to ensure your business grows and succeeds.

4. Can Palmpay POS customers track their daily transaction targets?

Yes, Palmpay POS customers can track their daily transaction goals using the Palmpay app. This app provides real-time sales data and analytics to help sellers track progress toward their goals.  

5. How long does it take  Palmpay POS customers to reach their daily transaction Target?

The time it takes  Palmpay POS customers to reach their daily transaction goals varies depending on a variety of factors such as business type, location, and seasonality. Consistency and persistent effort are essential to achieving and maintaining daily trading goals.


Palmpay POS machines are among the best in the industry. With the palmpay POS terminal, your payment transactions are secured and protected. When you reach Palmpay POS Daily Target you will get rewards.

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