Every transaction leaks a little. By month end, it's a lot.
We took five real OPay receipts from a working POS stand: a card withdrawal, two card withdraw-and-transfers, a transfer-in cash-out and a cash deposit. Here's what happened to the charges.
Splitting one withdrawal into two transfers paid stamp duty twice. A ₦3,000 withdrawal kept only ₦80. You can't fix what you can't see.
Five seconds per customer.
Tap the type
Card withdrawal, card withdraw and transfer, transfer in and cash out, or cash deposit.
Type amount and charge
Say how many transfers went to the same app or to other banks. The app knows the fees.
See your real gain
Before you even save. Totals for the day, week and month build up by themselves.
Add it to your phone's home screen like any other app. Once opened, it keeps working even when your data is off.
All four POS jobs, worked out the right way.
Card withdrawal
Customer uses card, you give cash.
₦3,000 · charge ₦100card fee −₦20Card withdraw & transfer
Customer uses card, you send money.
₦292,000 · charge ₦1,0002 transfers −₦218.23Transfer in, cash out
Customer sends money to you, you give cash.
₦10,000 · charge ₦300fee on money in −₦50Cash deposit
Customer gives cash, you send money.
₦18,000 · charge ₦300transfer + stamp −₦68.23Sell cement too? Your POS gain stays separate.
Many agents run another business on the same account. The app keeps them apart, so you know what each one really brings in.
Charges minus fees
- Every card fee, transfer fee, VAT and stamp duty removed
- Commission added back
- Gain by transaction type
Sales minus cost of goods
- Building materials, provisions, phone accessories, anything
- Fees on customer payments counted here, not in POS
- Personal money never counted as gain
Close the day knowing your numbers.
Cash you should have in hand
Enter your starting cash. The app tracks what goes out and comes in, so a shortage shows up the same day.
Day, week and month reports
Total gain, charges collected, fees paid, and how much of your charges the fees took.
Your own fees
Fees differ by POS and by your agent level. Change any figure once, and every new transaction uses it.
Share in one tap
Copy your report and paste it into WhatsApp for a partner, a cooperative or a lender.
Upload your statement
Busy day? Upload your daily, weekly or monthly statement (PDF, Excel or CSV). The app finds each transaction and its real charges, and skips the ones you already entered.
Back up your records
Save all your records to a file in Google Drive. New phone? Restore them in one tap.