Honestly, being a Quickteller PayPoint Agent is one of the coolest way to make money NOW in Nigeria. Quickteller is an initiative of interswitch extablish to encourage mobile banking. As cool as this business is; the bad news is that the business does not fits everybody. Yes, you heard me right; it is not a business for everyone! I will explain in a minute! However, because of the valuable information about this business I enjoin you to please read to the end with apt attension MISSING out no details.
What Is Quickteller PayPoint?
Quickteller Paypoint is the trade name for IFIS (Interswitch Financial Inclusion Services) Agent locations. It’s a one-stop shop where all the products/services provided by IFIS Ltd can be accessed and purchased. IFIS stands for Interswitch Financial Inclusion Services Ltd. We are licensed by the Central Bank of Nigeria to provide digital financial services aimed at bringing basic financial services to the door-step of the unbanked/ underserved Nigerians, currently estimated at more than fifty million adults.
Who Is a Quickteller Agent?
An agent is an individual or organisation that operates as the middle man between two or more persons or organisations. In the this case; the agent operates between Customer and Quickteller.
What Are The Transactions That Can Be Carried Out At a Quickteller PayPoint?
The following services are available at any Quickteller Paypoint:
- Airtime recharge (all networks)
- Bills payment/settlement (electricity bill, water bill, Waste bill, DStv, GOtv, Startimes, actv, Local and State government levies/taxes, estate permits, etc.)
- Funds transfer (sending money to, and receiving money from, any person nationwide)
- Account opening with any bank
- Payments – for insurance premiums, airline tickets, embassies, etc.
- Deposit of funds (cash-in) into own or a third party account
- Withdrawal of funds (cash-out) from own account
Who Are Your Customers?
I hope you remembered I said not everybody is fit for this business earlier. Why? because everybody cannot be your customer! Least face it; why do a business when you have no customer? No sense? ok…
So, who are your customers? Your customers are people who are not TECH FREAK or who are not TECH INCLINED or WHO ARE NOT IN THE CITIES! Just like I always said make sure you have customers before doing a business – this is very important. See how Quickteller puts it: “However, Quickteller Paypoint is primarily targeted at the underserved and financially-excluded.” – GBAM!!!!
If you are in Lekki or GRA and people around you are TECH guys who know how to use the internet and all that; you are not in business, because these guys will be able to do all the services of a quickteller paypoint agent themselves. Just find a location where you will be another Bill Gate; you know what I mean now?
Benefits of Becoming a Quickteller PayPoint Agent?
- Additional revenue from commissions and incentives
- Increased sales from additional foot-traffic
- Differentiation from other businesses – being a Quickteller Paypoint Agent differentiates a business from others in its category/industry
- Reputation earned from the Interswitch pedigree
- Social relevance to the neighbourhood/ community where Agent operates
How To Become a Quickteller PayPoint Agent
Becoming an agent is easy with Quickteller if you are traceable and have no PayPoint agent close to your location already. This Quickteller is doing to make sure there is business for every agent.
Step 1: Go to https://www.interswitchgroup.com/ng/financial-inclusions/become-an-agent—form and fill the form appropriately.
Step 2: Quickteller will send someone to your location to verify your office and give you a form to fill with your passport photograph attached (just wait for them – it usually takes 2-3 weeks anyway before they show up).
Step 3: Make a Payment of Ten Thousand Naira (10,000) as at the time of writing this post into this account details:
Acc Number: 3096902289
Acc Name: Interswitch Financial Inclusion Services
Note: when filling your teller at the Bank please use a preferred business name; registered or not registered. Also note that the 10,000 is your business FUND which you can you to start transactions and not for Quickteller. This means that you are not doing any financial commitment whatsoever. Another reason why I love this business – no risk!
Step 4: You will receive you PIN within 24 hours of payment (Wait for them to send you your PIN)
Step 5: Business begins immediately
Step 6: BSP (Business Support Personnel) will visit you to give you branding materials and help you in placing your banner outside your office.
48 thoughts on “How To Be A Quick Teller PayPoint Agent And Start Making Money”
My location is Calabar will like to be an Agent
Will Quickteller accept me as an agent while being a Paga agent already?
@Joseph, I am not sure of that.
I have completed filling the online agent quickteller form last year December 2017, till date no person has been sent to me, my shop at No: 1 Ekpahuru street opposite Police barrack Ahoada East LGA.
Kindly assist me sir, i will be grateful.
Shedrack Daniel Osia.
Pls I read somewhere dat am agent is suppose to under go trainning n given a certificate, pls how is dis true.thanks
@Rhoda, it’s not true! The training is all you have gotten here for free! It is just some set of people that want to collect your money.
I would like to register, pls what are the procedures?
Good Morning Sir, i have gone through the quickteller business and am impressed and want to start the business.
Please sir, kindly explain to me about the commission and how to fund money.
Am in Abuja , is there any official address in Abuja or everything is done online.
thanks, am Happiness
Kindly, call AY, I already included his number in one of the post on Quickteller.
earnbase i wish to know, in this quick teller business will the provide agent with pos machine which can be use for withdrawal?
@Jimmyinfo, no please
I am also interested in becoming an agent. But can I operate on part-time base because I work and will like to use quick teller business platform as other source of income. I like to operate it as mobile business and my house as my office. People can reach me on the go and at anytime for business.
@Ejieh, yes you can.
Thanks for this Biz idea. Please I want to know the items that the agents will receive? You only said the company will provide some items to the agents. What are the items?
@Genabeth, Earnbase is not part of QuickTeller. Earnbase just shared the viable business idea with you. QuickTeller will provide everything and not Earnbase. Thanks
I would like to be an agent here at sokoto.
Please, look through the post for AY’s mobile number. He works with QuickTeller directly. Thanks
i would like to be an agent
How much commission does an agent earn from Quickteller?
what the commission structure of the agent?
@Maaruf, I think you share like 10% of the profit. You can call AY for more information 08023912881. AY works with QuickTeller.
Can it be done as part time work. I mean for additional income
@Charity, yes, you can be a be a quick teller agent either on part time or full time. It is your business and you decide your working hours and days.
Thanks for visinting EARNBASE
Please, click this link for QuickTeller commission structure https://www.earnbase.com/9-ultimate-questions-for-every-quickteller-paypoint-agent-and-how-to-make-money/
Aside the 10,000 wil any other payment b made.or is it the 10,000 I wil use to start transaction.
It is the 10,000 that you will use to start the business; no other additional payment. Thanks for checking EARNBASE!
Am a diamond yellow agent and also recharge card seller both wholesales and retails pls how do I become quickteller agent to earn more commission. Thanks Colombia comm
After the registration, who is going to provide all other tools or materials like pos machine, smartreader or card swiper ist quicteller or yourself, and by the way can will Link our existing bank account for the transaction or we must open a new bank account the business
@Murphygold, the only thing you need is an android phone. This is an electroninc business. You do not need POS and the likes.
Thanks for checking https://www.earnbase.com
Wow! Thanks for the swift response. I appreciate and look forward to hearing from you next week. I will really be grateful if you can get this information. Thanks once again.
Please take note of the “click” issue I raised.
@Kennyking, thanks for noting the “click”. However, can you please help me in locating the dead link? So, I can fix it right away! I have tried but not knowing the exact place you were referring to sir.
It is difficult to point it since it is not possible to copy and paste here. However, check the last line on the Gas Agent/Retailer on “3 businesses You Can Do In Nigeria Now and Make Money”
@Kennyking, thanks for helping me through. The link is now working sir. It was actually a link to a video on how generator runs on gas.
Here is also the same link si https://www.facebook.com/earnbase/videos/1061735760560949/
Thanks once again
I have gotten information on the commission structure. You are paid 50% of whatever quickteller charges per transaction.
Can you please give me strategies on how to safeguide the running capital or daily transaction cash that I must have since I want t establish it in village I am not familiar with. I mean security of money. Note that I reside in one of the states in South West while I am from South South.
@Kennyking, your money is electronical sir and it requires some security measures to access it. This made it very safe.
Secondly, you can work with the money collector or a bank official to always help you collect your money to the bank. By this you can always tansfer from your bank account to your agent account and business continues.
However, I am yet to hear of a case where an agent is robed. I think in anywa way, you are safe sir.
Thanks for the information you supplied here.
Please I look forward to receiving your response as soon as possible because I have targeted areas I want to open offices at my area.
@Kennyking, no problem sir. I will do my best!
Once again; I thank your for trusting https://www.earnbase.com
Why is nobody responding to the commission structure? Please I will glad if Mr Samson can respond to the commission rate on each transaction so that prospective agents will know if it is a viable business to venture into because agents will need to incur cost on a rent and some other working tools.
NOTE: When you say “click here to get…” the link is not clickable or not available at all. Please take note.
@Kingsley, I will see if I can get answer to this question by next week because I don’t have the answer at the moment.
However, I want to thank you for being an active reader of this blog – we are taking note sir.
Thanks once again Kingsley!
can i get the form online or where
For more info on the quickteller Paypoint commission, kindly send your email address cos its difficult sending it via this page
@Taiwo, if you have the information why not leave it as a comment? Or send it to me as an email so I can publish it.
Anyway, thanks for visiting EARNBASE.
whats d diffent btween being a Paga Quick teller and baxi bus agent. Which one is d best for sumone who is just starting a Business. We nid more pple like u in NIGERIA.
that’s very good
@Abbaka, thanks for visiting earn base.
We hope to see you regularly!!!
What will I stand to gain? I mean like how much will I b earning monthly?
@Mary, you earn based on commission. So, the more sales you make the more your profits ma.