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Nairaland Forum / Nairaland / General / Business / How To Calculate Pos Business Profit (2495 Views)
Is POS Business Profitable? / How To Start A POS Business In Nigeria / Business Profit And Consumer Income To Increase In 2018 – FSDH (2) (3) (4)
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How To Calculate Pos Business Profit by tomiwabase1: 9:54pm On Aug 07, 2023 |
How to Calculate pos Business Profit Calculating the profit made from POS business on a daily, weekly, and monthly basis is very easy, Most pos agents don't know how to calculate the profit and how much the company charges them. the most common mistake most make is writing down the whole charges without deducting the service charge as the profit which is very wrong. Below is a breakdown of how to calculate profit and daily transaction charges on POS business. How to Calculate the Charges and Profit in POS Business For both new and existing agents, the first thing to know is that the pos you are making use of charges you on every transaction carried out with the machine. The charges for both withdrawal and deposit are different and for withdrawal, the charges are based on a percentage which is mostly 0.5% and cap at 100 Naira for 20k and above while the deposit is mostly 20 Naira for any amount. Read More |
Re: How To Calculate Pos Business Profit by PRUDENTJ2: 7:46am |
Click On this Link to read everything 👇 How to calculate profit in POS business (Balancing of POS account) |
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