GTBank POS 2024: Free Registration [Get Machine Fast]

How can I apply for GTBank POS machine and get it fast for my business?

GTBank POS machine is one of the best POS machine for those planning to start POS business in Nigeria since POS service is now one of the lucrative business in Nigeria, everyone are now running to it for their business.

Due to long queue that are always in the bank, people have loosed interest in going to ATM machine to make withdrawal to avoid waste of time rather, they now prefer patronizing POS agents.

It’s true that their is increase number of POS agents in Nigeria but the fact is that, people still need more because their is no cash, even the POS agents are finding it difficult to get cash in the bank.

In this article am going to show you how you can apply and get GTBank POS machine, and how you can make more profits using GTBank POS in Nigeria.

The fact is that GTBank is one of the banks that gives POS faster to individuals that want to be their agent, that is you can easily go to any of their branch and apply to get it today…


Why should you use GTBank POS for your business?

  1. They have the best and fastest POS machine network in Nigeria.
  2. Strong battery that last for more than 24 hours.
  3. You can easily reverse failed transaction.
  4. In case if your machine have any technical issues, they are always ready to help you resolve it once you visit any of their branches.
  5. Improved efficiency minimises cash handling and aids reconciliation.
  6. Increase in sales as Merchant have access to both cash and card-carrying Customers.
  7. Instant confirmation of payment for goods.
  8. Reduces cost of Personnel and equipment for handling cash receipts.
  9. Reduces exposure to loss due to armed robbery or pilferage by Employees.
  10. Eliminates the inconvenience of cheque confirmation and clearing period.
  11. To increase your income.


Benefits of GTBank POS for merchants

  • Open GTB bank account instantly
  • Withdraw and deposit cash in bank account
  • You can buy Airtime.
  • You can pay bills (PHCN, DSTV, GOTV, etc.).
  • Ability for merchants to pay for goods and services.
  • You can check your bank and wallet account balance.


Requirements to apply for GTBank POS machine

  1. You need to have an account with GTBank (current account preferably)
  2. Bank verification number (BVN)
  3. Valid identification documents (Voters card, National Identity card, driver license and passports)
  4. You must have an existing business location
  5. NEPA bill as proof of residential address.


How to Apply for GTBank POS Machine

If you want to start POS business using GTBank terminal you need to follow the procedure below to apply and get it fast for your business.


These are what you need to do if you have meet the requirements and you want to apply for the POS machine;

  • Visit the nearest GTBank branch
  • Meet the next available customer agent at the banking hall
  • Request for a GTBank POS application form.
  • Fill the POS application form and submit
  • If your application is approved. You will be contacted by the GTBank to come and collect your GTbank POS.

Alternatively, you can download the GTBank mobile money agent form, fill it and take it to the nearest GTBank branch.


How long does it take to get POS from GTBank?

Once you submit the form you will be asked to come back after 7days. That is, with 14days your POS machine will be ready.


GTB POS Charges

GTbank charges a fee of 0.75% for each payment or service made with the POS. While Gtbank provides free maintenance of the POS units.


NOTE: GTBank POS machine is free, you will not be ask to pay money to buy the machine.


How to Link any POS Machines With Your Bank Account

Point of sale (POS) systems can be connected to your bank account. If you already have a bank account and you want to link it to a POS system, you will need to fill in an application form along with the following documents:

  • Valid means of identification e.g Driver’s license, National ID card, International passport or voter’s card.
  • BVN
  • 2 passport photographs
  • 2 current account references
  • Evidence of business registration (CAC Certificate)
  • Tax Identification Number (TIN)

Your bank account manager will then help you to link your account to a point of sale machine (POS) that will be given to you at no cost.

Once you get your POS machine you can begin carrying out financial transactions in your store.


Debited for a failed transaction? Here’s how to get your money back!

Customer dispense error; is an error that occurs when your account is debited for a transaction and value is not received.

It may be that your teansaction fails at the point of making payments through POS machine but your account is debited for the same value, here is how to solve it.

  1. First, confirm that the transaction was not reversed after 24 hours, then report the dispense error using any of the following options;
  2. 1. Website
  3. Click Help center- how to log a dispense error – report a dispense error.
  4. GTBank ATM (With card)
  5. Insert card – enter PIN – select more services – select log a dispense error.
  6. GTWorld and Internet Banking
  7. Log in – Click cards – Dispense Error.

Finally, if you are having any issue with your POS machine or your customers is having any issue which you are unable to solve, make sure you contact GTBank throughgh their official website or visit the bank.

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One Response

  1. Onifade barakat February 10, 2023

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