How To Get Bankly POS And Becoma An Agent

If you are looking for an alternative to PalmPay or MoniePiont, then Blankly POS will be a good option. Aside from the popular options such as Opay, Kuda and many more, Blankly is another great option for POS operator or those looking at getting into the POS business.

In this post, we will be looking at how to get the POS machine, the price of the machine, the prices for each transaction as well as how you can become an agent.

About Bankly?

Bankly is a registered trademark of 5554 Technologies Limited Ltd with RC 1509344 as a duly registered legal entity in Nigeria, with the Nigerian Corporate Affairs Commission. The company, which has its head office at 1004 Housing Estate, Eti-Osa, Lagos, offers financial solutions to the needs of Africans and Nigerians.

With Bankly, you can pay bills, deposit cash to your bank and customer’s bank account, transfer funds make withdrawals and many more. According to the company, its services offers a seamless way of doing business.

How To get Bankly POS Machine

To get a working Bankly POS machine, simply visit the company head office at 1004 Housing Estate, Eti-Osa, Lagos, or any authorized agent around your location to get the machine. You can also just visit the company’s website at and provide your details to create your account with them. Getting the POS only takes between a day to 1 week.

How To Become An Agent?

  • Downloading the Bankly Agent mobile application from any of the app store.
  • Via the app, sign up on the mobile app by providing the required KYC details.
  • Wait for a support personnel to verify your registration, and you are good to go.

Things You Need To Apply For a Bankly POS?

The following documents are what will be required to get yourself a Bankly POS;

  • A verified Identity card such as International Passport, National ID Card, or Voters Card
  • Utility Bill (Nepa Bill)
  • Business License (For Registered business only)
  • Valid BVN
  • Bank Account Number
  • Valid email address

How Much is Bankly POS?

Bankly POS cost N25,000 of which N10,000 of this amount is refundable in case you want to return the POS as long as the POS is in good condition.  According to the company, its POS is not for sale. The company has the right to retrieve the POS if you fail to use it or don’t meet up with the target of 30 transactions per day, that is for both withdrawal and deposit.

The POS charges?

Bankly charges 0.5% for withdrawal and N20 on average on every deposit of any amount. That is, the company charges you N5 on every N1000 you withdraw from a customer and N10 for transfer between a N100 to N2000 while for amount above N2000 the charges is N20.


Bankly POS Machine has one of the cheapest charges and easy terms and condition. For those looking for an alternative POS machine, this is a great option to try.

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