Kudi POS Daily Target, Withdrawal Charges, and Machine Price: All You Need to Know

In the evolving landscape of financial services, point-of-sale terminal machines have become an integral part of banking and transactions. Kudi, a prominent fintech startup in Nigeria, has emerged as a key player in providing not only financial services but also seamless POS solutions. In this comprehensive guide, we’ll dive into everything you need to know about Kudi POS, including its daily target, withdrawal charges, machine price, and more.

Introduction to Kudi POS and Its Significance

Point-of-sale (POS) terminal machines have transformed the way we conduct transactions and manage our finances. Kudi’s POS services stand out due to their accessibility, convenience, and user-friendly interface. Whether you’re a business owner or an individual, understanding how Kudi POS works can greatly benefit your financial journey.

About Kudi: The Fintech Powerhouse

Kudi, also known as Nomba, is a renowned fintech startup that collaborates with commercial banks in Nigeria to provide a range of financial services to its customers. Beyond savings, insurance, and loans, Kudi offers seamless POS solutions that allow users to pay bills, send money, and conduct various transactions with ease. The company’s commitment to innovation and user experience has propelled it to the forefront of the Nigerian fintech landscape.

How to Get Kudi POS and Become an Agent

Becoming a Kudi POS agent is a straightforward process that requires a few simple steps:

Getting Kudi POS Machine for Free

  1. Download the Kudi app from the Google Play Store (for Android) or Apple Play Store (for iOS).
  2. Sign up using your personal phone number and link your bank account to the Kudi app.
  3. Make consistent transactions using the app, such as bill payments and airtime purchases.
  4. After about two weeks of active usage, you may receive a message indicating your eligibility for a free Kudi POS terminal machine.

Paying Cautionary Fee for Immediate Access

If you prefer immediate access to the Kudi POS machine, you can choose to pay a cautionary fee of N20,000. This fee is nonrefundable and ensures that agents handle the machine with care and responsibility. To pay the cautionary fee:

  1. Visit a Kudi branch or call their customer care number for guidance.
  2. Obtain and fill out the necessary form provided by their agent.
  3. Pay the cautionary fee of N20,000 at the office.
  4. Upon review of your application, you’ll be granted a POS terminal machine instantly.

Kudi POS Machine Price

While the Kudi POS machine can be obtained for free through active app usage, there is an option to pay a cautionary fee of N20,000 for immediate access to the machine. This fee is designed to ensure that agents use the machine responsibly and with care.

Requirements for Obtaining Kudi POS

To become a proud owner of a Kudi POS terminal machine, you’ll need the following requirements:

  • A valid ID card (e.g., Voters card, National ID card)
  • BVN number
  • Passport photograph
  • Utility bill (e.g., electricity bill)

Kudi POS Charges 2023

As of September 2022, Kudi POS charges for withdrawals within the range of 100 naira to 500,000 naira are as follows:

  • N100 to N4,500: N25
  • N4,501 to N25,000: 0.6%
  • N25,001 to N500,000: N150

Available Transactional Services on Kudi POS

Kudi POS machines offer a wide range of transactional services, including:

Kudi Customer Care: Contact Information

You can reach out to Kudi’s customer care through the following means:

  • Office Address in Nigeria: 19b Bosun Adekoya Street, Lekki Phase 1, Lagos, Nigeria.
  • Office Address in the United States: 1776 Sacremento St Apt 311, San Francisco, CA 94109.
  • Phone Number: 01-888-5008
  • E-mail: [email protected]

Why Kudi POS Machine Is the Best

Kudi stands out as a reliable financial institution in Nigeria with numerous advantages:

  • Agents never run out of funds due to Kudi’s financial backup service guarantee.
  • Agents receive instant profits for each transaction made with the Kudi app or POS.
  • Funds are secure and covered by Kudi insurance.
  • The Kudi system accumulates points from transactions, which are then converted to cash.

Does Kudi Have Android POS?

As of now, Kudi operates conventional POS devices and does not offer Android POS. Updates on this matter will be provided once available.

Kudi POS Terms and Conditions

Agents who work with Kudi POS are subject to certain terms and conditions, including:


In conclusion, becoming a Kudi POS agent presents a convenient and accessible way to engage in financial transactions. Whether you choose to obtain the POS machine for free or pay a cautionary fee, Kudi offers a seamless experience that empowers both individuals and businesses. For any unanswered questions, feel free to leave a comment below.

Frequently Asked Questions

  1. Can I become a Kudi POS agent without a smartphone? No, a fully operational smartphone with internet access is required to become a Kudi POS agent.
  2. Is the cautionary fee refundable? No, the cautionary fee of N20,000 is nonrefundable and ensures responsible handling of the POS machine.
  3. What transactions can I perform on the Kudi POS machine? The Kudi POS machine supports various transactions, including bill payments, airtime purchases, and card withdrawals.
  4. How do I contact Kudi’s customer care? You can contact Kudi’s customer care through phone or email using the provided contact information.
  5. Is the Kudi POS machine covered by insurance? Yes, Kudi’s POS machine is covered by Kudi insurance, providing added security for your transactions and funds.

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