OPay does not impose daily targets for its Point of Sale (PoS) terminals. Merchants and Agents who acquire an OPay PoS terminal are not required to meet minimum transaction amount targets, allowing them flexibility in their business operations. This is in contrast to some other service providers, such as Moniepoint POS, which has a daily target requirement for its agents. You can check out more about the advantages of Moniepoint POS over OPay POS here.
However, some OPAY POS merchants and agents have reviewed that the POS terminals have a more lenient approach, such as achieving a certain number of transactions per day (e.g., 5 transactions), compared to other POS providers in Nigeria. Many people believe that OPay might have a daily transactions targets because many other POS providers in Nigeria do have strict daily targets, leading to a general assumption that all do.
OPay vs Moniepoint
According to a user on Nigerian popular forum, he highlighted why he believed Moniepoint POS is better than OPay POS.
He said, "when discussing POS systems, you should focus on:
- Network
- Dispute resolution
- Customer service
- Product variety
- Value-added services
- Interoperability
Durability should be the least of your concerns.
With that in mind, I recommend the Linus POS from OPay or the Android POS from Moniepoint for their ease of use (both button and touchscreen).
For mPOS devices, I suggest choosing OPay or Nomba.
In conclusion, Moniepoint excels in agency banking and merchant services, while OPay leads in personal accounts and card issuance.
