Lenco POS: A Closer Look at its Advanced Functionality and Special Benefits for Your Business

Running a business can be tough, especially when it comes to in-store payment collections. High fees, long wait times, and complicated set-up can all make it difficult to keep your business running smoothly. But what if there was a solution that could help you avoid these challenges, while also saving you time and money? That’s where Lenco POS comes in.

At Lenco, we understand the struggles that business owners face when it comes to in-store payment collections. That’s why we’ve developed a POS terminal that is designed to make your life easier. With features like same-day settlement, low fees, and customizable settings, Lenco POS is the perfect solution for businesses of all sizes.

One of the major benefits of Lenco POS is its low fees. With our terminals, you’ll only be charged a 0.4% fee, capped at ₦300 per transaction. Compare this to traditional banks, which often charge a 0.5% fee, capped at ₦2000 per transaction, and it’s easy to see why Lenco POS is such a great option for businesses.

Another major advantage of Lenco POS is its same-day settlement. With traditional in-store payment collections, it can take days or even weeks for the funds to be settled into your account. But with Lenco POS, you’ll be able to access your funds the same day, so you can keep your business running smoothly without waiting for funds to clear.

Lenco POS is also incredibly easy to set up and use. Our terminals are designed to be user-friendly, so you won’t have to spend hours trying to figure out how to get started. Plus, with customizable settings, you’ll be able to adjust the terminal to fit your specific business needs. Whether you’re a small retail store or a large restaurant, Lenco POS can be tailored to fit your unique requirements.

But perhaps one of the biggest advantages of Lenco POS is its free option. For businesses that process over 200 transactions per month (an average of seven transactions per day) and that have their outlets located in Lagos, Benin, or Abuja, you can get a Lenco POS terminal for free. This means you won’t have to worry about any upfront costs, making it even easier to upgrade to our advanced terminals.


For those businesses that don’t qualify for the free option or that want to purchase the terminal outrightly, we have an option for you as well. All businesses can purchase the Lenco Terminals (POS) outrightly for ₦75,000. This option also has no minimum monthly transaction requirement.

Delivery of the terminals is also quick and easy, as it takes only 3 working days to receive your terminals. This means you can get started with Lenco POS as soon as possible, and start enjoying all the benefits it has to offer.

Not only that, but Lenco POS also offers added security features to ensure that your transactions are safe and secure. Our terminals come equipped with chip and pin technology, which provides an added layer of protection against fraud and unauthorized transactions. Additionally, our terminals have been designed to be tamper-proof, so you can rest assured that your transactions are protected.

Finally, with our advanced reporting and analytics, you’ll be able to track your transactions in real time and get a better understanding of your business’s financial performance. This can help you make more informed decisions about how to grow and improve your business. With Lenco POS, you’ll have everything you need to take your business to the next level.

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In summary, Lenco POS is the perfect solution for businesses that are looking for a way to make in-store payment collections easier, faster, and more affordable. With features like same-day settlement, low fees, and customizable settings, Lenco POS can help you save time and money, while also making your business more efficient. Plus, with our free option, you can get your hands on a Lenco POS terminal without any upfront costs. So, if you’re tired of dealing with the challenges of traditional in-store payment collections, consider upgrading to Lenco POS today.

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