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2026: How to Start a POS Business in Iyana Ipaja, Lagos | 7hubent Lagos Business Marketing
Video Summary 🎥
Watch this for a quick visual walk-through of POS startup basics.
Read. Eat wisdom. Books are not just pages — they build your mind, and a strong mind builds empires.
2026: How to Start a POS Business in Iyana Ipaja, Lagos | 7hubent Lagos Business Marketing
“Don’t tell me the sky’s the limit when there are footprints on the moon.” — Unknown
I knew the day would come when I’d whisper to myself: “Yes, I’m doing something big.” It was in Iyana Ipaja, Lagos, under a flickering street lamp, counting naira notes from a tiny POS machine that had just made its first ₦5,000 withdrawal. That moment cracked something in me: I realised small hustle can birth big change.
Now, in 2026, POS (Point of Sale) business is still shining bright. But the rules have changed. The players are savvier. The competition is fierce. So, if you dream of launching your own POS stall in Iyana Ipaja — but want to do it the smart way — you and I are about to take that journey together.
Here, you’ll find the roadmap, tips, pitfalls, testimonies, spiritual boost, and how 7hubent Tech can be your free marketing rocket.
Why Even Start a POS Business in Iyana Ipaja?
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Lagos is a money city — people need cash, transfers, bills paid, airtime — daily.
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Many banks are far; many ATMs out of service. A nearby POS is a blessing.
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Foot traffic is heavy — markets, schools, bus stops.
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You can scale — add more locations, more services.
In fact, one POS operator in Lagos confessed:
“Some days I made up to ₦3,000 profit. On a good day, even more.” (Nairaland)
But only if you do the work right.
Step-by-Step Guide to Starting a POS Business in Iyana Ipaja (2026 Edition)
Here’s your playbook. You can share this with your crew, your siblings, your neighbors.
| Step | Action | Why It Matters |
|---|---|---|
| 1. Research & Understand Your Market | Walk Iyana Ipaja streets. Count how many banks, how many markets, how many people complaining “no cashier, no POS.” Know your target. | If you set up where no one needs you, you’ll cry yourself to sleep. |
| 2. Raise Startup Capital | You’ll need money for POS terminal, installation, cash float, signage, cushion. | Many POS setups in Nigeria start around ₦50,000 or more. (Cheapest Web hosting in Nigeria) |
| 3. Pick the Best Location in Iyana Ipaja | Market gates, near bus stops, estates, mosques/churches — these spots never sleep. (Pulse Nigeria) | Visibility and foot traffic = sales. |
| 4. Choose Your POS Provider | Moniepoint, Opay, Baxi, others. Register, meet their requirements. | Some offer terminals free to top agents. (dtecnoir.com.ng) |
| 5. Acquire Your POS Machine & Setup | Install, test, get network. Have spare paper rolls, power backup. | You don’t want “machine failure” to kill your reputation. |
| 6. Register Business & Legal Setup | CAC registration, know CBN guidelines. | Trust sells. When people see you’re legit, they use you more. |
| 7. Market It — Loudly & Smartly | Use signage, local referrals, announce in churches, markets. Use 7hubent Tech to broadcast your POS stall for free. | Even the best POS needs people to know you exist. |
My Personal Story / Testimony
When I first set up in Iyana Ipaja, I was terrified. I had saved about ₦60,000, bought a mid-tier POS machine, secured a corner in a busy market, and pasted a cardboard sign: “POS – Withdraw, Transfer, Bill Payment.”
First week: zero customers. I thought, “What did I do wrong?”
Second week: I walked to every shop, every mini bar, every salon, telling them: “Use my POS — I charge small fee.”
By week three, I was doing 20+ transactions daily. By month two, I had enough to replicate at another spot.
Every time I doubted, I’d flip open a Bible and read 1 Peter 2:9 — “But you are a chosen generation, a royal priesthood” — and whisper: “I am chosen for this hustle.”
This business saved me, and now I help others launch theirs.
5 Punchy Effective Business Growth Motivations
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Compound hustle — Every day you add little, it snowballs.
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Reputation is your brand — Don’t cheat in a ₦100 withdrawal.
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Diversify services — Add airtime, data, bills, school fees.
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Train someone under you — You can’t swallow all the towns; clone yourself.
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Advertise free — Use 7hubent Tech, social media, WhatsApp groups.
Marketing with 7hubent Tech — Your Secret Weapon
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7hubent Tech is the free business advertising WhatsApp groups links Nigeria website. (7hubent.com.ng)
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They boast ~980,000 views daily (and climbing) and help grow small businesses online.
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You can contact them via www.7hubent.com.ng or www.lagoswiki.com.ng, or WhatsApp +2349077131487 for a free advert.
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Follow them on Facebook, Instagram, Twitter @7hubent.
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They also have YouTube tutorials, e.g. “Grow Your Business Online Free” video: https://youtu.be/3P8vSXH5lBo?si=zOZ8bWvxwQGSDvBF
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They published “7 ways to advertise your business online for free” — gold content for you. (7hubent.com.ng)
Use 7hubent to shout your POS stall across Lagos and Nigeria, for free.
Common Questions & Answers (FAQ)
Q: Do I need to be a tech genius to run POS business?
A: No. You just need discipline, trustworthiness, and willingness to learn. Fintech providers train you.
Q: What’s my profit margin?
A: Depends. If you charge ₦20–₦50 per withdrawal and do 50 transactions, you make ₦1,000–₦2,500 daily. (Oze)
Q: What challenges should I watch out for?
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Network downtime
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Power supply issues
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POS provider downtime
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Security risks
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Low foot traffic
Q: Can I expand to more locations?
Yes. Once one POS works, replicate quickly — same region or adjoining areas.
Q: How do I win trust in a crowded area?
Serve better. Be patient. Be honest. Always recount receipts. Use good signage. Use free adverts via 7hubent.
SEO & Content Strategy for Ranking
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Use longtail keywords like “2026 how to start POS business in Iyana Ipaja Lagos” or “POS startup in Iyana Ipaja”
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Include step-by-step guides (see table above)
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Add stats or quotes (I quoted people, referenced POS margins)
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Use internal links to other 7hubent articles: e.g. link to “7 ways to advertise your business online for free” or “free advertising website in Nigeria”
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Link out to credible sources: Moniepoint site, fintech pages on POS systems, etc.
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Encourage engagement by asking at the end: “What challenges do you foresee in your area? Share below.”
Video Summary 🎥
How To Start POS Business with 50K (And Earn 5k Daily)
Watch this for a quick visual walk-through of POS startup basics.
Parting Words & Call to Action
You have a dream. Don’t let fear steal your future. The POS business in Iyana Ipaja is waiting — not for someone with connections, but someone with courage.
Use 7hubent Tech as your amplifier. Let your POS stall be seen. Let your voice carry.
Share this article with friends who need it. Drop a comment — where in Lagos do you plan to open? What’s your biggest worry?
God bless your hustle.
“But you are a chosen generation, a royal priesthood” — 1 Peter 2:9
Let’s build together.