Comprehensive Guide on How to Become a Polaris Bank SurePadi Agent
Do you want to become a SurePadi Agent? For people who don’t know what is SurePadi, I will like to start this article by explaining this. SurePadi is like FirstMonie, the agency banking solution that is being operated by First Bank of Nigeria. But in this case, SurePadi is made available by Polaris Bank Limited with the aim of providing convenient and easy banking activities by partnering with retail outlets across the country.
The good thing is that both registered and unregistered businesses can become a SurePadi Agent. Registered businesses includes Limited Liability companies, Partnerships, Sole Proprietorships, Cooperative Societies, Petrol Filling Stations having a Store or Supermarket, Institutions with large retail chain or distribution network and Dealers in FMCG. On the other hand, unregistered businesses means individuals operating businesses that are not registered with the Corporate Affairs Commission. Such businesses include retail outlets, business centres, provision shops, distributors of mobile network operators, sport viewing centres, supermarkets, and boutiques etc.
Besides, it is important to mention that your business must have been in operation for the past twelve months. You must have a physical location where you conduct your business. The location must have adequate and secure premise. Most importantly, you must have a clean criminal record.
Entities Exempted from Becoming SurePadi Agent
You should understand that not all entities can become a SurePadi agent. The entities that are exempted include the following:
- Faith Based Institutions
- Non-Governmental Organizations (NGOs)
- Bureau De Change (BDCs)
- Not for Profit Organizations
- Polaris Bank Staff and Associates
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How to Become a SurePadi Agent.
If you want to become a SurePadi Agent, you will need to visit a Polaris Bank Branch nearest to you. You will need to take along with you the following:
- Valid means of identification such as National Identity Card, Voters Card, Drivers License or International Passport
- Utility Bill such as PHCN bill. The bill must be recent say like three month from time of presentation.
- Passport photograph.
If your application is successful, as a SurePadi Agent, basically you will be carrying out banking transactions such as account opening, fund transfer, deposit funds, cash withdrawals, pay bills, buy airtime and other related services.
Benefits of Becoming a Polaris Bank SurePadi Agent
- Financial Remuneration: Your services are not free. You are actually working for the Polaris Bank. Therefore, the bank will reward you for your services. However, your remuneration is going to be tied to your performance.
- Real Time Processing: All the transactions and applicable fees will be real time. It happens immediately the same way it would have happened when a customer visit a Polaris Bank branch.
- Instant Settlement: You will enjoy instant settlement of funds to your account. This means that you are not using your own money to pay customers.
- Increased customer traffic: As a SurePadi Agent, you will have more people coming to your shop or location. More people get to know about your business and this can lead to increased sales.
- Additional Income: If you have registered or unregistered business as explained above and you are looking for a way of generating additional income, becoming a Polaris Bank SurePadi Agent can help you achieve that.
- Provision of Value Added Services: You will be adding value to your customers. For instance, you will be saving them time as they may not need to stress themselves going to the bank. You are actually bringing bank closer to them.
- Improved Status: Polaris Bank is one of the reputable banks in the country. Working with such bank will enhance your reputation in your community.
Benefits of SurePadi to Customers
- Convenience: It is more convenient for customers as they can easily get to your location at their convenient time. They can even enjoy banking services outside the traditional banking hours. Services are available on weekends and public holidays.
- Lower cost of transaction: Customers may not need to pay transport costs as your location is closer to them.
- Banking services within your neighborhood: You understand that Polaris Bank cannot open branches in all locations. SurePadi Agents operate as the extension of Polaris Bank. It is as good as having the bank in your neighborhood.
- No Queues: Have you ever got to the bank or ATM centre and met a long queue? This can be frustrating indeed. SurePadi agents help eliminate such unnecessary queues.
- Transactions are PIN protected: Customers are not unnecessarily exposed. They need to use their PIN before they can carry out any transaction on their account. Transactions are carried out via SurePadi Mobile App or Point of Sale(POS) terminal.
- Services are available to all Banks’ customers: Customers may not be Polaris Bank’s customer. Customers from other banks can still enjoy the services.
Read Also: Firstmonie Business: How To Become a Firstmonie Agent
If you want to become a Polaris Bank SurePadi Agent and still need more information, you can contact the SurePadi team on 01-027023852 or 01-2700344 and 01-2703853, e-mail- psp@polarisbanklimited.com.
Polaris Bank Near Me
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