by Michelle Anama Abari | Jan 24, 2022 | Business & Finance
We all have to acknowledge that the financial stability of the country hasn’t been all that great but with the emergence of the Point Of Sales (POS) business in Nigeria, it has been better and has given more Nigerians options to choose where to withdraw their money.
POS business began to spread in Nigeria in 2013 after the CBN introduced the agent banking system in 2013. It opened up a new portal for financial services to reach bank customers in remote, unbanked, and underbanked societies.
Often at times, the questions ‘How to start a POS business in Nigeria?’, ‘How do I start a POS business in Nigeria?’, ‘How much do I need to start a POS business in Nigeria?’… have popped up on search engines and have also been asked in conversations… Well, to answer all these questions and more, let this article help enlighten you on this business journey.
POS Business in Nigeria
Before I dive deep into the POS business in Nigeria, it is good to note that a key or some key benefit of the POS business is that POS businesses serve as a way to extend the services offered by financial institutions to relatively unreached parts of society. Asides from queuing up at the ATM, irregular network services, etc, it also helps consumers withdraw money with ease when the nearest ATMs are far away. In other words, POS businesses make it easy for consumers to get the money they need in exchange for a commission.
I’m sure you must be asking how much you need to start up a POS business in Nigeria. Well, that depends on some defining factors and these factors are…
How Much Do You Need To Start Up A POS Business In Nigeria
To start a POS business in Nigeria, you need anywhere between 50000-200000 Naira (50 thousand to 200 thousand naira) depending on your location, means and other factors.
How to Start a POS Business in Nigeria
As I have said before, to start a POS business in Nigeria, there are some defining factors and these factors include:
1. The Location
You don’t want to start a business in a remote area. Location matters a lot in business because it has to do with the flowing in of customers. Densely populated areas work great for a business such as this. Look for crowded areas with pedestrian traffic such as markets, motor parks, residential areas, and so on.
2. Start with Enough Money
The definition of ‘enough’ here does not have a specific figure. Often at times, I’ve heard questions like ‘Can I start a POS business with 50 thousand naira?’ The actual truth is that the price you want to start with depends on the area and the demand for money in that area.
I have this friend who is also into the POS business. When he started this business, he started with 200 thousand naira. As huge as it was, it was too small because there was a particular customer who needed exactly 200 thousand naira and he was forced to give everything out because he was new to the business and didn’t know the ins and outs of the business.
The truth is that to start a POS business is quite strategic and tactful.
3. Applying for the POS Machine
This is also one of the most important tasks of the business. According to experts, there are two ways of getting a POS machine; through commercial banks and or other finance agents. The cost of acquiring the POS machine varies from issuing agents and how strong or advanced the connection runs.
To get a POS machine from a bank, some requirements ought to be met per the CBN directives. However, whichever bank you decide to approach, it is to your advantage that you own an active account with them.
Requirements for Starting a POS Business in Nigeria
According to CBN, the requirements for starting a POS business include:
- A valid means of identification, for example, a national ID card, voters card, active driver’s license, or an international passport.
- A registered business name
- A passport photograph
- Account number
- Phone number
- Business email address, and
- Bank Verification Number (BVN).
Some of the designated banks assigned to issue POS machines include First Bank, United Bank for Africa, Guaranty Trust Bank, Diamond Access Bank, Zenith Bank, Wema Bank, Fidelity Bank, Union Bank, Keystone Bank among others. Owners of these accounts in any listed banks have an advantage.
One can get the machine at a very low cost and the banks also accept instalment payments if the potential business operators cannot pay at once. However, there are alternative options to get the POS machines from which include microfinance banks, and mobile operators like Interswitch, Quickteller, Paga, FirstMonie, Opay, Palmpay etc. In the case of the latter, the business operators get to work as agents while the mobile operators act as hosts.
Other major requirements include passport photographs, Bank Verification Number (BVN), Current Account references, and evidence of business registration (CAC Certificate). Once your application is approved, you will receive the POS machine and you may begin offering your services to customers.
4. Get a Shop or Kiosk
This will serve as the local or nearest financial institution to the people where they can perform simple transactions like withdrawal, payment, bank transfer, etc. Your shop or kiosk should be designed in such a manner that it notifies people you’re running a POS business. You can achieve this with a small board put in front of your shop to alert customers from a far distance who are looking for a POS terminal.
It is very important to consider these defining factors when planning to start a POS business.
Now, with the knowledge of the defining factors laid out, one may be asking about a Business Plan for their POS business. And the answer to this question does not need much. If you recall when reading the article, all you have read is a business plan for your POS business! Just make sure your business is at the right location which has a high demand for money.
Having said all these, there are some beneficial companies and banks which I would recommend to someone planning to start a POS business.
How to Start a POS Business with Access Bank
Starting a POS business with an Access Bank is very beneficial. Like any other bank in recent times, Access Bank on its quest to deepen financial inclusion, make funds available to the under-banked and unbanked. It has also introduced agency banking services centred on mobile money. It then stands that as a mobile money agent; you represent the bank by carrying out services that would have been ordinarily sourced by the bank.
While doing this, you are entitled to a certain commission from the bank and also from the customers. Some requirements to become an Access Bank POS agent include a visible business location that is easily accessible, minimum working capital of 50,000 naira, valid ID card – mainly voter’s card, driver’s license, international passport, national ID card, utility bills, business registration documents for corporate bodies.
Once you meet the requirements, step in to any Access bank branch and fill in the necessary forms.
How to Start a POS Business with Firstbank
The First Bank POS agent business is a way of providing a source for employment to many Nigerians as it curbs unemployment in Nigeria. Many banks will charge you for a POS terminal after meeting the requirements to operate the business.
However, with FirstBank Nigeria, it cost 0 naira to set up your POS business. Once you meet the requirements, the financial institution will give out a free POS terminal for your business, and that’s amazing and hard to find from any other bank in Nigeria.
Some of the requirements include an existing business, a visible and accessible business location, a valid ID card, Biometric Verification Number (BVN), 1-3 months utility bill. Corporate bodies must have their business registration documents.
How to Start a POS Businesss with Opay
To register to become a POS agent for Opay does not take much. In fact, it is very beneficial, said one of my friends. People who are POS agents for Opay are paid daily unlike some other banks e.g. Zenith Bank or monetary Institutions. A way to register is:
- Log into the OPay app on your device.
- Choose the merchant application icon.
- Enter all necessary information as requested.
- Upload your transaction history for the past 3 months.
- Upload a valid ID card or Driver’s license.
- Take a snapshot of your business station and upload it to the portal
- Submit your OPay POS application for review
The OPay POS is free. However, agents must have a caution fee of 20,000 naira available in their OPay wallets. Immediately, the POS application is approved, the caution fee charge will take effect. This sum will be refunded to the agents when the agent returns the POS terminal.
Conclusion
POS business is a side income that is very lucrative to anyone who starts or who has started this business. The services offered here include:
- Withdrawing money from any bank account.
- Opening a bank account
- Depositing money into any bank account
- Paying utility bills such as electricity, airtime, water, and so on.
With all these services and benefits of POS business, who would not want to start this business? So to start this business is a good idea and I highly recommend this business to anyone looking to get out of the unemployment group in Nigeria.
by Abu Hafsah | Dec 20, 2021 | Personal Growth
Nowadays, respect is something that has become scarce in our society. One tends to lose respect in the eyes of people around him/her without even realizing so. Well, some make deliberate efforts to lose respect in the eyes of people due to their nonchalant attitudes. And some, on the other hand, lose it because they fail to understand the core values and attitude that needs to be inculcated to help keep his/her respect in the sight of people. If you are by any chance worrying about how to get people to respect you, then worry no more as I have to your aid.
Treat people the way you want to be treated. Talk to people the way you want to be talked to. Respect is earned, not given.
Hussein Nishah
It is important to note that to have people respect you, you have to earn it and not demand it. Demanding for it only brings about more hatred on you by the people you are asking that from. Below are some of the ways or attributes that one needs to have to be respected by people around him/her and even far away.
13 Ways to Get People to Respect You
1. Be Yourself
Being oneself entails one to be in their most natural, sincere, comfortable, and ingenious state of mind. I will advise that you should always try to be yourself around people wherever you find yourself. As tempting as it may be to be what you are not because you do not want to feel inferior among people or in a crowd, do not.
The repercussion of not being yourself is that there will surely come a time that people will find out the real you no matter how good an actor you are. Of course, you know what that means to your integrity. However, if you have an attitude generally not acceptable in society or the people around you, quit it. For instance, theft lies, and the likes are habits that one shouldn’t be associated with.
So, if you want to be respected by people, always be yourself.
2. Be Independent
One of the fastest and surest ways of getting people to respect you is by being independent, most especially being financially independent. If you want to lose your respect in the eyes of people within a short period of time, be financially dependent.
Therefore, do not beg people to survive. Be able to fend for your needs and that of your family without asking anyone, if not, people, even your family will see you as a liability and do not even want to see you close to them or associate themselves with you.
This is where hard work comes into play. You can’t skip this hurdle if you are lazy. Find something to do to earn a living no matter how little it is and give in your all to it, then wait for God’s blessing as His blessings cover and surround everything.
3. Respect People Too
Respect is a two-way street, if you want to get it, you’ve got to give it.
R.G. Risch
If want to get people to respect you, respect them too – it is should be a two-way thing. Do not look down on anyone simply because you are wealthier than they are, educated, privileged, and the likes. Respect people regardless of their status. Everyone feels good and honoured when you show them respect. This will make them reciprocate that gesture by respecting you too.
4. Always Mind Your Business
Looking for how to get people to respect you? Do not meddle in peoples’ affairs. Stop interfering in matters that do not concern you. As such, do not gossip, backbite, blackmail, and eavesdrop on and about people. Also, asking people married couples who haven’t had a child the reason why they haven’t is not minding your business, so also asking someone why he/she is lean. These are matters that do not concern you. You will just end up opening their old wounds.
Remember, you have lots of things to worry or care about regarding yourself. Why don’t just focus on them and try to see ways you can be better as a person?
5. Care for Your Friends and Family
This is the unwavering and unconditional support you give to your friends and family. In other words, it means going above and beyond to care for them out of genuine concern for their health, happiness, and wellbeing and not out of obligation.
Always know that people have eyes and can see. They will surely respect you for that, not only them but people around who notice.
6. Empower People
Do you want people to respect you? It’s simple, just empower them. Empower them in any way that you can. Do not just concentrate on yourself, your family, and your friends. No. Go out there and seek people who need your help and make their lives better. Be the reason that made them not give up in life. Make their lives meaningful.
You don’t only empower people when you give them money, No. As a matter of fact, there are different ways to empower a person.
Take, for instance, you have the opportunity to help someone get a job, then make it happen without asking for a penny in return; you have the opportunity to smoosh someone to help another get assistance – say a promotion or get selected in a programme that means so much to them, then do it. This will surely earn you respect in the eyes of the people.
6. Acknowledge and Respect People’s Opinions and Feelings
Respect other people’s feelings. It might mean nothing to you, but it could mean everything to them.
Roy T. Bennett
We are all humans but different in a number of ways and of course, have different ways of seeing things. You may choose to see Tuwon Masara as a delicious delicacy for instance, but I see it as trash! Sometimes, we may agree on certain things or issues.
In other to earn the respect of people, learn to respect their opinion. Try and see things from their own perspective as that will help you acknowledge and respect whatever it is they have to say or do.
We don’t need to share the same opinions as others, but we need to be respectful.
Taylor Swift
7. You Want to Know How to Get People to Respect You? Dress Modestly
As the saying goes,
Dress the way you want to be addressed.
Modesty entails you dressing in a way that appeals to the majority of the people around you or the place you live in or where you are going. In the northern part of Nigeria for instance, modesty is something that is very common as people hardly dress half-naked. You can’t be respected if you live in environments like that and not dress in that way.
In addition, nobody takes you seriously if you are not modestly dressed. For instance, you can’t be having a hairstyle like the head of a rooster and expect people you meet for the first time to respect you. As a matter of fact, the first attribute they will associate you with is irresponsibility.
8. Say ‘No’ to Social Vices
Knowledge will give you power, but character will give you respect.
Bruce Lee
Social vices are bad traits or behaviours such as drug addiction, illicit sex, evil or immoral behaviours such as examination malpractice, murder, thuggery, and other criminal tendencies. Whatever status or respect you have, even if it is as high as a mountain, engaging in social vices can bring it down in no time.
If unfortunately, you happen to be a perpetrator of such acts, now is the right time for you to stop associating yourself with them; there is no better time than now. Nonetheless, if you haven’t, do not embrace it. You have clearly seen how some people have gone insane as a result of drug abuse, or got pregnant out of wedlock, or were expelled from school as a result of examination malpractice.
So, if you want to be respected by people, say no to social vices and do not perpetuate them in whatever form.
9. Be Educated Enough
There is something about an educated person that tends to attract people and gain respect from them without even trying. Of course, as an educated person, the way you talk, listen, reason, think, analyze, walk, and the likes is different your counterpart’s. All these positive attributes about you are what people are looking for to respect you.
On this note, I urge you to be educated. Get up and dust that lazy ass of yours and seek knowledge.
10. Be Trustworthy
Being trustworthy is when one is deserving of trust and confidence and is also dependable and reliable. As a matter of fact, this is something almost gone missing amongst many people nowadays as against what we have a few decades back.
Be someone who people can rely on when your testimony is needed anywhere, any time; be someone who when money or a valuable item is given to, will be available as it is without damage or misplacement or theft; also, be someone who people can entrust anything to and be rest assured.
All these trustworthy attributes should be seen in you to attract respect from people.
11. Settle Down
Settling down is one of the fastest ways of attracting respect from people, most especially in this part of the country that we are – Northern Nigeria. It is not surprising that it does because of the sense of responsibility that you have for your partner or kids. You tend to be a more responsible person compared to when you were single.
So if you want to attract respect from people, quickly tie the knot with someone – someone deserving though.
12. Always be Courteous
You are said to be courteous when your good manners show friendliness and concern for others. Be willing to hold the door for people entering a building with you; be willing to speak politely to a person below you in terms of social status and literacy; also, be willing to help the aged lift or move stuff even without being asked to – this is actually one of the signs you were raised by Nigerian parents.
In addition, courteous behaviour is a reminder of the value of good manners. So if you want to be respected by people, try the habit of courteousness.
13. Give In Your All to Make Money
I saved the best for the last – make money. How to get people to respect you? Try hard to get something doing to fetch you money legally. It could be hobbies that bring in good money or a side hustle while working full time. I know you are smiling now. People naturally have the proclivity to respect people who spend like they don’t care.
With money, you can buy respect I tell you. Furthermore, people will listen and obey you way more than they will for people in authority most especially when you have the giving hands. With money, you can even have your in-laws bow before you.
That’s the power of money!
Conclusion
Being respected is something every normal person wants to be attributed to. It gives you that sense of importance in the eyes of your friends, family, spouse, children, community, and society at large. On the other hand, lacking the respect attribute makes you less important in society.
How to get people to respect you is an easy goal if you attribute yourself to the above-mentioned ways.
If you find this article worthwhile, kindly leave a comment in the comments section.
The next step after getting respect is to make a good impression on people.
by Ameenah Gumbi | Oct 17, 2021 | Business & Finance
When you are in a financial crisis, what you need are personal money management tips that will help you to reduce your spending and not finding a job that pays higher than your current job. In fact, this will help you invest and save your finances. It will also help you achieve the financial freedom that you so dream of. Here is what we found to be easy and more suitable for Nigerians in times of money management tips:
1. Track Your Expenses to Improve Your Finances
You need to know how much you spend monthly to improve your spending habits. Money management tips begin with knowing how much you spend. You can use money management apps like Money Manager Expense and Budget or Mints to track your expenses. Tracking your expenses helps you in knowing how much you spend on essentials and non-essentials. As well as help you to plan, reduce expenses and improve your finances.
Here is how to track your expense as a beginner.
2. Plan a Realistic Monthly Budget
Since you know how much you spend monthly, you can use it and your monthly income to plan a budget that is according to your lifestyle. You do not need to be strike with yourself when cutting down expenses. Start slow, adapt and improve with time. For this purpose, plan a budget that is in line with your responsibilities, lifestyle, and your spending habits that is not based on impulse but needs. Money management tips like budgeting will help you gain better money management habits, improve your spending habits by gaining the spending awareness that is right for you.
Read this to know about budgeting.
3. Save Even If It Takes Time
Saving money is important in several ways. For instance, you can use one of the banks in your community or Cowrywise to start an emergency fund that you can use during unforeseen circumstances as Nigerians call it “Vex Money”.
Funding the savings does not have to be huge. You can also start saving small by saving 10% or 20% or even 2.5% of your monthly income. Set savings goals with a timeline if you need motivation.
4. Timely Clearing of Bills Each Month
This act will help you avoid embarrassment in Nigeria. It will teach you how to spend responsibly, and based on priority.
To manage your bills, you need to make a list of all your utilities and rent, review the date for payment and mark it in your calendar. Meanwhile, set a date that you will be paying your bills or you can set automatic bill payment if the option is available. While monitoring it, try to be organized. Paying bills on time will help you know how much time you have left and you can budget, save, and spend according to what is available.
Procrastinating? Check this to pay your bills on time.
5. If You Want to Be Financially Free, Pay up Your Debt!
Paying your debt is very important when looking at personal money management tips. To clear debts, you need to organize your debts into categories like “urgent payments, moderately urgent payments, and important payments”. Try to avoid getting into debt more. Cut down your expenses gradually until your spending habits is a healthy one. Focus on paying your debts one category at a time until you have paid all your debts.
6. Avoid Impulse Purchases
An impulse purchase is mostly influenced by pricing and product displays. People buy products they do not need if it is on a discount or packaged well or on a limited offer and presentable. Money management tips important here is avoiding impulse purchase, you need to avoid temptation especially on goods that provide options of “Buy now, Pay later”.
Stop and ask yourself if you need what you are about to purchase and why? Try and create a shopping list and make a budget, stick to it. Remind yourself of your financial goals in the first place before you purchase anything.
Want to know more about impulse purchases? Check this out.
7. Let Your Money Work for You. Invest!
Before you commit your money to work for you, you need to know what kind of an investor you are, how much you are willing to risk, and what are your investment goals. Once you decide on whether you want to manage your money’s growth or set it and forget about it for a period of time. Then, you can begin your investment journey.
Investing a huge amount of money is not necessary. Small contributions to your investment account will help you earn more money aside from your income. However, find out about investment agencies in your community before you invest to avoid putting your money in investment scams like investments run by the likes of Amos Olaniyan. There are legit investments companies operating in Nigeria and this platform Wealth.ng, has put together investment companies in one place that you can choose from and pay in Naira.
Want to avoid scams in Nigeria? Here is how.
8. Start a Side Gig
Another personal money management tips, is finding the right side gig to pursue. First, you need to find an exciting niche market that you like. Then do thorough research to find out what other people in such a niche market are doing to earn other income.
Select your target customers and provide solutions for the diverse needs of people in their niche markets. Choose activities that complement your regular job for better results. The first advantage of side businesses is that they generate additional sources of income. Economic freedom can mean different things to different people, but one thing they have in common is reaching a level where you don’t have to worry about money.
Side hustle puts extra income in your account and helps you in paying bills when your income is not enough. If you have debts, you can use your side hustle earnings to pay them off. You can use your side hustle earnings to save or respond to emergencies. A side hustle income will also help increase your retirement savings.
Side gigs can also accumulate wealth. You can gain financial freedom more quickly by investing your income when you buy stocks, currencies, real estate, or other alternative investments.
Conclusion
Every personal money management tips begins with changing your habit. These changes might be easy or hard looking at the inflation rate in Nigeria. Once you are committed to these money management tips, they will help you in attaining your financial freedom. Above all, the foundation to personal money management tips is a great budget that you can stick to according to your lifestyle.
What are the ways you manage your money in Nigeria? Kindly leave your comments below. Share with your loved ones let us know how you manage money.
You could also check the 5 reliable money saving apps in Nigeria.
by Johnson Temiloluwa | Aug 12, 2021 | Business & Finance
If you’ve been wondering what transportation businesses are, it’s simply providing a link between people and their goods, especially when they are unable to get it themselves. Of course, this isn’t where it ends though. It also involves providing transportation for other business owners who need help linking their product to their actual business and clients. This article seeks to bring to your knowledge some transportation business ideas you could earn money with. They are very easy to start with, and for some of these businesses, you can actually start with 10k Naira in Nigeria, or even less…
The transportation business has been on the rise lately and that is why we have brought you ten transportation business ideas you should definitely try out.
10 Transportation Business Ideas You Should Try Out
1. Driving School
Do you have a car and you know how to drive? If yes, that’s great as a driving school is one of the easiest transportation business ideas you should explore. You will need a good working car if you intend to run a small-scale business or cars if you want a larger business. You will have to register with the Driving and Vehicle Standards Agency (DVSA).
To do this, you must be over 21 years old and have held a driving license for over three years, without motoring convictions. You’ll need to write and pass the ADI exam, which is in three stages, and also pass an enhanced Disclosure and Barring Service (DBS) check.
2. Vehicle Towing Service
Cars break down in the middle of the road all the time causing unnecessary traffic and towing vehicles are needed to move them. This is a transport business idea that is easy to get into. All you need to do is purchase a couple of trucks for starters, partner with reliable mechanics, register your business, and promote it.
3. Delivery or Courier Service
This is one of the fastest-growing transportation business ideas being explored by a lot of people. You can start by acquiring a few suitable vehicles, registering your business, and setting up a website alongside social media accounts for promotion and networking.
You can run this business as a one-man work or have employees. People will always need items brought to them, especially with a rapid boost in the growth of online businesses. This ranges from the use of motorcycles, tricycles, and buses and in case of buses where you do interstate deliveries. There are some associations that you have to join where customer care services and regulations are enforced.
4. Car Rental Services
People will always need vehicles for various purposes, especially tourists, visitors, and guests coming to attend a function whether weddings, parties, or just a holiday. All you need is to acquire capital and purchase a few cars to start this business. Register and proceed to advertise to earn clients or customers.
5. Bus Services
This is one of the most lucrative transportation business ideas there is. A lot of people cannot afford to own their private vehicles and so take buses, also referred to as public transports. To start this, you need to purchase a few standard working buses, register them and hire qualified drivers. You also need to get the buses registered with the National Union Road Traffic Workers (NURTW).
6. Mobile Gas Filling
A lot of people are often busy and have a lot on their plates. They do not have time to do some basic things such as refilling cylinders. You can purchase a few motorcycles or tricycles and employ qualified people to drive them to and fro, pick up cylinders from people’s homes, fill and return them.
7. Taxi or Cab Services
This is one of the easiest business ideas you can start. If you have your own vehicle, you can get into it easily and run it independently without much stress or issues. There are different platforms such as Bolt and Uber. You will have to register with them online and fill in the required details. Even if you do not have a car, you can apply for a car too.
8. Ambulance Services
This is one of the good transportation business ideas and untapped aspect of the transportation business. This is a medical transportation business that involves helping move sick people around especially during emergencies like accidents, heart attacks, labour, etc. You will have to obtain a permit from Health Insurance Portability and Accountant Act (HIPAA). This will be given to you if you meet certain requirements which you can look up at their website.
You will also need to buy large vehicles and install appropriate equipment like an ECG monitor with a defibrillator, medication bag, cervical collar, etc. You will also need medical personnel to be present at all times in the vehicle when transporting a patient.
9. Motorcycle Business
This is also referred to as okada and is the most common, cheapest, and easiest transport business to get into. All you need to do is buy a Bajaj motorcycle; it is the commonest type of motorcycle used. There are local organizations available in your local area. Ask around and register with them, obtain a license for your motorcycle, and start your business.
10. Tricycle Transportation
This is commonly called keke napep and it’s also another easy transportation business idea you can explore, enjoy, and make revenue from. You’ll have to obtain a keke napep, get a license for it, and hire an employee if you want to, or run it yourself.
Different organizations will be accessible to you in your local community where you are running your business.
Conclusion
These are the transportation business ideas you can easily get into and for any idea, you decide to pursue, you will have to register with the Corporate Affairs Commission (CAC) and acquire a license. Transportation businesses are very lucrative. One of the oldest transportation companies in Nigeria, God is Good Motors have estimated annual revenue of $1.9M and according to research, the Nigerian transportation services industry group had total revenues of $5,111.7m in 2019, representing a Compound Annual Growth Rate (CAGR) of 5.8% between 2015 and 2019 and continues to increase.
To launch any transportation business, you just need to perform market research and make a decision on which you want to get into.
by Johnson Temiloluwa | Jul 9, 2021 | Tech & Innovation, Business & Finance
It’s no news that online is the new business. An analysis shows that 190 million people have data subscriptions on their phones and are surfing the internet. Also, teenagers and young adults spend around 10 hours a day on the internet while adults spend 6-7 hours a day.
If you’re actively using your phone for this long, don’t you think making money while doing that is a fair deal? However, the money might not make you rich, but it sure will provide a reasonable amount that can be used to sort out simple bills.
I’ll share with you 10 apps that can make you money in 2021. You don’t believe me? Just read on.
10 Mobile Apps That Can Make You Money in 2021
1. Scooper
The first on the list is one of the apps that can make you money in 2021. It is owned and built by a Nigerian. How do you get paid?
When you log in, read news and articles on this app, you earn coins called “scooper coins”. The sweet thing about this app’s payment is that you can decide that you want to be paid in cash or in form of airtime. If used wisely and consistently, you can earn N15,000 – N20,000 naira. Also, if you are lucky, you can earn more than money. You can even win a free trip to Dubai and smartphones if you are a consistent user.
You can download the app here.
2. Carry 1st Trivia
This app reminds me so much about “who wants to be a millionaire” – a show that gifts people money based on the number of questions they are able to answer in the show. This app does the same. It rewards you with money when you answer each question.
Not only does this help you make money, but also helps you learn some new fact. Not only do you answer questions on this app, however, but you are also thrilled and hooked to keep answering. The interface is fun to use and quite engaging too.
Just download the app, sign up and start making cool side cash.
3. Acorns
This is an app that can be used to invest and save. For every signup, you are gifted $10. Acorn doesn’t only make you money but also aids your expenses and savings. You can connect it to your bank account by using your mobile phone. There’s also a part where you can “save spare change” that you don’t have use for at the moment.
Acorn is a good app that can make you money. The app boasts of helping you grow.
4. Swagbucks
This is different from Acorns, but you can also gain a bonus of $10 when you sign up. Swagbucks is used to take surveys, watch videos, play games, and also shop. Here is how you get money: The more you use the app for it services, the more you gain points. These points can be changed to cash when you have up to 500 Swagbucks points which is equivalent to $25. You can only accept your cash through PayPal though.
With swagbucks, you can also switch your points for gifts.
5. Foap
This app is an app that can make you money in 2021. However, it benefits photographers mostly. Regardless of how much of an expert you are in photography, you can sell images taken with your phone on the App to brands and agencies. Simply put, you can turn your photos into money.
Download the app, register, and upload pictures of high quality. It’s up to the members of the community to like and rate your pictures. Their ratings determine the amount of money you’ll earn. The money earned can be in the range of $5 -$100 for every photo sale.
6. Userfeel
Userfeel pays users to explore new websites, rate, critique, and do various tests. They have about 250+ active organizations using them.
The tests last for about 20-30 minutes. It might get boring if you don’t like to answer questions. There will also be an unpaid test at the beginning to see how swift and diligent you are with the questions before paid tests are given. Say what you feel and get paid.
7. Money App
Money App is an app that can make you money at every completion of tasks. This is an app that literally pays earlier than other apps that involves complete some set tasks. In addition, you can get paid in three to four days, unlike other apps that might take a month.
It can also be used to offer opinions, play games, and test services which in turn earn you rewards. The rewards will be sent to your PayPal account and you get that as cash.
Download here.
8. Playment
Just like other apps on this list that requires you to engage in different task to get paid, Playment also does same.
The app has an awesome user-friendly interface, and it pays you after each task has been completed. Their catchy line keeps you intrigued every time – we play, you pay. However, this app can only be registered with Facebook.
Download here.
9. Toluana
Toluana has over a million downloads on PlayStore and it has been existing for more than 10 years. It is an app that can make you money in 2021 as a student. On this app, there are surveys you are to take and complete. Lots of brands, companies and organizations use Toluana to manage and get feedback on their services so as to improve. Users are rewarded for each opinion and feedbacks given.
Download Toluana, it might be the gate to your side income.
10. Make Money – Free Cash App
Last but not least on the list is an exciting one. Just like the name, you make money – free cash at that by using this app. The exciting thing I talked about is that they don’t give gift cards that need to be redeemed by any paying outlet, they pay in cash. Sweet right?
You just have to download, sign up, play games, give opinions, and start making that cash – as little as it might come.
Conclusion
After reading all of it, weigh your options and download the one (or more) that you think is good for you. It all boils down to you downloading the apps and the amount of work you put in.
However, I am pretty sure that these apps can make you money in 2021, maybe not enough to buy you a car but certainly pay your bills.
