As an intending Kudi POS agent or an already existing agent, it is very important to know the daily target of the Kudi POS machine. Before you start using any rented POS terminal, it always makes sense if you know the daily target to ascertain whether it is okay with you or not. As you may know, many financial institutions that rent POS machines to people normally have a daily target that the agent must meet to avoid paying a fine. Kudi Fintech Company is not an exception.
If you’re just hearing about the POS daily target, it is the minimum number of financial transactions that a business or an agent must process to avoid paying an extra fine. However, this daily target is only applicable to agents or businesses that rented the Kudi POS terminal; for those who bought the POS machine, there’s no daily target for them.
Related: Disadvantages of Kudi POS
Kudi POS is an upgraded payment solution that is primarily designed to streamline transactions and promote business operations. The POS terminal offers a wide range of excellent features that cater to the needs of various industries like merchants stores, restaurants, hospitality, etc. To simplify the usage of the POS machine, Kudi designed the POS terminal to have a user-friendly interface, which makes it an ideal choice for new users.
Kudi POS Daily Target
The Kudi POS daily target is ₦30,000.
This means that as a POS agent that rents a Kudi POS machine, you’re expected to carry out financial transactions that are equal to (above) ₦30,000 on a daily basis.
However, if you’re unable to meet the Kudi POS daily target, you may likely pay a fine of ₦1,000. Hence, it is best to survey your environment or business first to ensure that you will be meeting the daily target before renting the Kudi POS to avoid paying a fine for not meeting the daily target.
Meanwhile, as we noted in the introduction, this Kudi POS daily target is only applicable to those who rented that POS terminal by paying a caution fee to the Kudi company. This is to say that if you purchase that Kudi POS terminal, you won’t be required to meet the daily target. Hence, we strongly recommend that if you have the money to buy the POS machine, it is best to buy it because you won’t be under pressure to meet the daily target. Not only that, buying it will give you ownership rights, which is usually a sign of fulfillment.
Does Kudi POS have a target?
YES. Kudi POS has a daily target that a business or an agent must meet to avoid paying a fine. The Kudi POS daily target is pegged at ₦30,000. As an agent, if you fail to meet the Kudi POS daily target, there’s a likelihood that you may be fined ₦1,000, which would accumulate over time if you continued to fail to meet that daily target.
Final Thought
The Kudi POS has a daily target of ₦30,000. Agents and businesses that rent this POS terminal are expected to meet this daily target. If you fail to meet the daily target, you may likely pay a fine. This daily target is only applicable to users who rented the POS terminal. Hence, if you purchase the Kudi POS machine, there is nothing like a daily target for you. It is better to buy the POS terminal if you have the money; the choice is yours.