What do you see the pay point type of business on your locality?

[Stardom22]

I have seen the business that dealing with the withdrawal, deposits, sending and receiving of cash to and from different destinations to be very lucrative in my locality. Most people that do that kind of business are really not serious or don't have enough capital for doing it

 

[King Belieal]

The business doesn't even require much capital. One can start with as little as $50 and scale up as they keep making profits.

 

[SilverLance]

With the increasing need for convenient and reliable financial services, there is definitely a demand for this type of business.

 

[Augusta]

Pay point business is aost everywhere now. you just need to have the cash so that you can capture almost all the customers everywhere

 

[King Belieal]

The pay point business is very strategic in our economy today. They handle financial transactions and take the pressure away from banks.

 

[SilverLance]

Bill payments, money transfers, and mobile top-ups, Pay point businesses do make financial transactions easier and reduce the burden on traditional banking institutions.

 

[eLdavis]

This business might actually be a good one, these people like paying others to do certain things they would have been able to do themselves.

 

[Stardom22]

In my country, that kind of business is booming so much in my country. The best thing with that business is the fact that it can be incorporated with any kind of business for sure.

 

[Kera]

In my country, that kind of business is booming so much in my country. The best thing with that business is the fact that it can be incorporated with any kind of business for sure.

That's true. Many people are operating the pay point kind of business as side hustles to their main hustles. It is a very good business that doesn't have any pressure.

 

[Augusta]

Yes it is a simple business you can do with other businesses but you need cash to start up comfortably

 

[Trush Jodie]

Yes it is a simple business you can do with other businesses but you need cash to start up comfortably

You can start with a minimum capital of $50 for the machine and he liquid capital. You can easily grow your capital based from there.

 

[Augusta]

You can start with a minimum capital of $50 for the machine and he liquid capital. You can easily grow your capital based from there.

Yes when you need to build your business you need capital. If you can get a loan you go ahead or you use your savings