Are you ready for cashless transactions and take your business to the next level? As a budding entrepreneur or an established business owner, you understand the importance of staying ahead in the game. 

Without access to the Kudi POS system, your business might face some serious roadblocks. 

Imagine this scenario where you’ve got customers waiting in line, eager to make purchases, but you’re stuck with outdated payment methods that slow down your operations. Frustrating, isn’t it? Well, here’s the deal when it comes to seamless transactions, Kudi POS is the way to go.

In this article, we’ll explore Kudi POS, covering everything from the machine’s price to withdrawal charges and daily targets. Without further ado, let’s gr started.

What is Kudi POS?

Kudi POS now known as Nomba is a versatile point-of-sale machine designed to simplify payment processing for merchants. It enables businesses to accept various forms of payment, including debit cards, credit cards, and mobile wallets. With Kudi POS, you can offer your customers a convenient and secure way to make payments. 

Who Can Get a Kudi POS Machine?

The beauty of Kudi POS is its accessibility. Any registered business in Nigeria can acquire a Kudi POS machine, with no stringent prerequisites such as minimum turnover or employee count.

How to Get a Kudi POS Machine

Acquiring a Kudi POS machine is a very simple. To get started, follow these three simple steps. 

Step 1: Create a Kudi Account

To get started, visit the Kudi website or download the Kudi app. Fill in essential information about your business, including your name, address, and contact details.

Step 2: Apply for a Kudi POS Machine

Once your Kudi account is set up, proceed to apply for a POS machine. You can do this online or by visiting a Kudi agent. During this step, provide additional information such as your business type and expected monthly transaction volume.

Step 3: Receive Your Kudi POS Machine

Upon approval of your application, Kudi will dispatch your POS machine within a few days. Along with the machine, you will also receive the Kudi Merchant App, a valuable tool for managing transactions and tracking sales.

Kudi POS Withdrawal Charges

Understanding the withdrawal charges associated with Kudi POS is essential for transparent transaction processing. Charges are determined based on the withdrawal amount:

For withdrawals below ₦4,500, a flat charge of ₦25 applies. Also, withdrawals between ₦4,501 and ₦25,000 incur a fee equivalent to 0.6% of the withdrawal amount.

Lastly, Withdrawals exceeding ₦25,000 carry a fixed charge of ₦150.

Kudi POS Machine Price

Investing in a Kudi POS machine comes at a reasonable cost of ₦25,000. This payment is one-time, with no monthly or annual fees. 

Kudi POS Daily Target

One of the standout features of Kudi POS is its absence of a daily transaction target. This flexibility allows merchants to utilize the POS machine according to their unique business needs, free from the pressure of meeting specific transaction quotas.

Conclusion

In conclusion, getting a Kudi POS machine for your business in Nigeria can significantly enhance your payment processing capabilities, expand your customer base, improve cash flow, and provide access to valuable business insights. With a straightforward application process and transparent withdrawal charges, Kudi POS stands as a reliable and cost-effective solution for businesses of all sizes.

FAQS

How much does kudi POS charge per transaction?

Kudi POS charges a flat rate of 0.7% per transaction. This means that for every N1000 you transact, you will be charged N7. There are no other hidden charges. This charge is applicable to withdrawals, transfers, and deposits.

How much does a POS transaction charge on a debit card?

In Nigeria, the average POS transaction charge on a debit card is 0.74% of the transaction value, with a fixed charge of N7. This means that for a transaction of N1000, the merchant would be charged N7.40.

How much do cards charge per transaction?

The amount that cards charge per transaction varies depending on the type of card, the merchant’s payment processor, and the card network. In Nigeria, the average credit card processing fee is 1.5% to 3.5% of the transaction value. For a debit card, the average POS transaction charge is 0.74% of the transaction value, with a fixed charge of N7.

Welcome to crypto finance Job, today, we shall e dealing exclusively in how to block your first bank account and ATM Card with just USSD Code. I know that you must have been worried about either your stolen Phone, Sim or wallet. Please, make sure you read to the very end. 

What is a USSD Code?

Before going into the steps, let’s shed some light on USSD codes. These are short codes (typically starting with an asterisk *) that allow you to access various mobile banking services directly from your phone. 

Think of it as a secret handshake between your phone and the bank’s system, enabling you to perform actions like checking your balance, transferring funds, and, crucially in this case, blocking your account and ATM card. The beauty of USSD codes lies in their accessibility. 

They work on virtually any mobile phone, regardless of its model or internet connection. So, as long as you have a phone with a functioning SIM card registered with First Bank, you hold the power to control your account, even without an internet connection.

Common reasons for the Need to Block Cards

There are a few main reasons why someone may need or want to block their First Bank account and cards:

Stolen or Lost Cards

If your card gets lost or stolen, blocking it immediately prevents unauthorized transactions from being made with it. This helps limit your liability for fraudulent charges. 

Pending Large Transactions  

You may want to block your card temporarily if you’re expecting a large deposit or payment to post in the next few days. This prevents anyone from overdrawing your account before the funds are available.

Security Precautions

Periodically blocking your cards, even when not lost or stolen, is a good security practice. It makes your financial information less accessible in case your card details become compromised somehow.

How to Block First Bank Account & ATM Card Using USSD Code on any Phone

Bank cards like ATM cards and debit cards store sensitive financial information that needs to be protected. Fortunately, First Bank gives customers the ability to easily block their cards using a USSD code from any mobile phone. This guide will walk you through the simple steps to block your First Bank account and ATM card using USSD.

Every bank in Nigeria has a unique USSD code that can be dialed from any mobile phone to access self-service banking options like card blocking. To block your First Bank cards, you’ll need to know their USSD code:

First Bank USSD Code

The USSD code for First Bank card services is *894*11#. Make a note of this code so you have it handy when needed.

How to Block Your First Bank Account and ATM Card with a USSD Code (On Any Phone!)

Once you have the USSD code, follow these simple steps to block your cards from any phone:

Dial the USSD Code

Dial *894*11# from your mobile phone. No need to be connected to the internet or have the bank’s mobile app installed.

Select “Block Card” 

The automated system will ask for the type of service. Select the option to block your card.

Enter Card Details

Enter your 16-digit card number when prompted. For added security, you may also be asked for other details like expiry date.

Block Confirmation 

You will receive an SMS notification confirming your card has been blocked for all transactions. Keep this message for your records.

Tips for Using First Bank’s Block Service

Here are some extra tips for getting the most out of First Bank’s card blocking USSD code:

• Use a Registered Phone Number  

The blocking will work best if done from a mobile number already registered with the bank on your account.

• Double Check Block Status

Call the USSD code again to check the card is definitely showing as “blocked” before relying on it being fully disabled.

• Note Blocking/Unblocking Process

Be aware of any cooling-off periods for unblocking in case you block a card by mistake. The bank can advise timeframes for activation again. 

• Report Blocked Cards Promptly

Contact First Bank customer service right away to report blocking a lost/stolen card and request a replacement. 

Out of the country? You can still block cards with the USSD code from any network, even internationally.

How to Unblock a Previously Blocked Card

When you’re ready to start using a blocked card again, unblocking is easy:

Dial USSD Code 

Enter *894*11# to access the automated system.

Select “Unblock Card”

Choose the unblock card option from the menu. 

Enter Card Details

Input your 16-digit card number and other account identifiers.

Wait for Activation 

Within a short time, usually less than 30 minutes, the card will be reactivated for transactions. 

FAQs About Blocking First Bank Cards

How do I block my first bank account?

Method 1: Using USSD Code

1. Dial *894*9*11## from your phone.
2. Select the option to block your account.
3. Confirm that you want to place a “Post No Debit” block on your First Bank account.
4. Enter your mobile number registered on your First Bank account.
5. Send the confirmation message.

Method 2: Using SMS

• Send a text message to 30012 with the command “BLOCK” and your account number.
• You will receive a confirmation message that your ATM debit card has been blocked.

Method 3: Calling Customer Care

• Dial any of the following numbers to talk to a FirstBank agent: 07080625000, 014485500, or 0700-FIRSTCONTACT.
• Select your preferred language and enter your account number.
• Follow the instructions provided by the customer care representative to block your account.

Method 4: Using the First Bank Mobile App

• Download and install the First Bank mobile app.
• Log in to your account.
• Select the option to block your card.
• Follow the instructions provided by the app to block your account.

Conclusion

The ability to instantly block bank account access using a simple USSD code is a highly valuable security feature. In just a few taps from any phone, First Bank customers can protect themselves from unauthorized transactions even when away from home. 

Don’t wait until it’s too late – now you know how to immediately lock down your cards if they’re ever lost, stolen or you simply need that extra peace of mind. Stay safe and secure by making USSD blocking part of your regular banking habits.

Thanks for reading 

Are you looking for the best way to Unfreeze your TransUnion account, today? Please, don’t be worried, just make sure you read to the very end of this article. 

TransUnion is one of the three major credit bureaus in the United States that collects and maintains consumer credit reports. 

While credit reports provide lenders with important information to evaluate loan and credit applications, mistakes do occur. If your TransUnion credit report becomes frozen for any reason, following these straightforward steps can help you unfreeze it quickly. 

If you find yourself with a frozen TransUnion account, don’t panic! Unfreezing it is a relatively simple process, and this guide will walk you through the steps involved in 2024.

What is Credit Report Freezes?

A credit report freeze, also known as a security freeze, restricts access to your credit report and credit score, making it more difficult for identity thieves to open new accounts in your name. 

However, legitimate credit checks from lenders you initiate, such as applying for a new credit card, are also blocked. There are a few common reasons why your TransUnion account may become frozen:

• Identity Theft Prevention 

Freezing your credit reports is one of the most effective ways to prevent identity theft. By default, all credit bureaus now allow any consumer to freeze their credit report for free.

• Potential Fraud Alert 

TransUnion may automatically freeze your account if they detect suspicious activity that could indicate identity theft. This is designed to protect you until the situation can be investigated further.

• Inactivity 

If your TransUnion account has not been accessed in several years, they may freeze it for security reasons until you log in to confirm your identity.

The 5 Steps to Unfreeze Your TransUnion Credit Report

Unfreezing a frozen TransUnion credit report only takes a few minutes when following these straightforward steps

Log Into Your TransUnion Account

Go to www.transunion.com and log into your online account using your username and password. If you’ve forgotten your login details, click “Forgot username or password?” to reset them.  

Select “Credit Report/Files” 

From your TransUnion account homepage, click the link labeled “Credit Report/Files” to access your credit report options.

Choose “Security Freeze/Fraud Alert Services”

On the next page, look for the option labeled “Security Freeze/Fraud Alert Services” and select it.

Request to Lift the Freeze

You will be prompted to enter your personal information to confirm your identity. Then select the option to temporarily or permanently lift the security freeze on your TransUnion credit report. 

Within 15 minutes of submitting your request, you should receive an email confirmation from TransUnion stating that the freeze has been lifted. This allows lenders access to your credit file again for approval of new lines of credit.

Important Considerations When Unfreezing Your Credit Report

Now that your TransUnion credit report is no longer frozen, keep these additional tips in mind:

• Re-freeze it once you no longer need credit checks to protect your identity and scores. Freezing and unfreezing is unlimited and always free with TransUnion.
• Understand the window of opportunity. With a freeze lifted, lenders can access your files for 30 days before you need to freeze them again if no longer applying for credit. 
• Check for inaccuracies. Now is a great time to log into your account and review your credit report and scores for any errors that could affect your ability to qualify for the best rates. Dispute anything inaccurate to keep your reports optimized.
• Consider a fraud alert instead. If you only need credit checked occasionally rather than leaving your file perpetually open, a one-year fraud alert may offer sufficient protection while being less restrictive than a freeze.

Alternatively, you can follow this process 

Another 5 Simple Steps to Unfreeze Your TransUnion Account in 2024

Step 1: Gather Necessary Information

Before you begin the unfreezing process, it’s important to gather some key information:

• Your Social Security Number: You’ll need this to verify your identity.
• Your Date of Birth: This is another form of identification.
• Your TransUnion Account Information: If you have any account details, such as your username or password, having them handy might expedite the process.

Step 2: Choose Your Unfreezing Method

TransUnion offers three ways to unfreeze your credit report:

Online: This is the quickest and most convenient method. You can visit the TransUnion website https://www.transunion.com/ and log in to your account (if you have one). Once logged in, navigate to the security freeze section and follow the procedure stated above to unfreeze your report.

How to unfreez your TransUnion account By Phone Number 

You can call TransUnion’s customer service department at 1-888-909-8872. Be prepared to answer some security questions to verify your identity.

By Mail: While the slowest option, you can also submit a written request to unfreeze your report by mail. Download the TransUnicon Security Freeze Request Form and fill it out completely. Mail the completed form to: 

• TransUnion LLC
• P.O. Box 6780
• Fullerton, CA 92834-6780

Step 3: Follow the Instructions

Regardless of the method you choose, follow the instructions carefully. You’ll likely need to provide your identifying information and answer some security questions to verify your identity. Once your identity is verified, TransUnion will process your request and typically unfreeze your report within 24 hours (online and phone) or within a few business days (mail).

Step 4: Monitor Your Credit Report

After unfreezing your TransUnion account, it’s a good idea to monitor your credit report regularly. You can access a free copy of your credit report from each of the three major credit bureaus (TransUnion, Experian, and Equifax) once a year at . Regularly monitoring your credit report allows you to identify any errors or suspicious activity and take steps to address them promptly.

Conclusion

Hey, guys, that’s the end on how to unfreeze your TransUnion Account. Thanks for reading to the very end. 

By taking the simple step of unfreezing your TransUnion credit report when needed, you allow access for important financial opportunities while still maintaining security over your credit identity. Be sure to return it to its frozen state once applications are complete to continue blocking unauthorized third-party inquiries. Let me know if you have any other questions, by using the comment below. 

FAQ

Can a freeze still affect my ability to get approved for credit if I need it? 

While a freeze prevents creditors from pulling your credit report without your consent, federal law requires TransUnion and other bureaus to lift freezes within one business day if you need access temporarily for a credit application. 

Just be sure to request the freeze be lifted beforehand so lenders can view your full files.

Are you frustrated with a frozen Clearpay account, unable to make purchases or manage your payments? You’re not alone. Many users have experienced this issue, and it’s essential to understand the reasons behind it and the steps to unfreeze your account.

In this article, we’ll go into the possible causes of a frozen Clearpay account and provide a step-by-step guide on how to resolve the issue and get back to shopping with ease.

What is Clearpay

Clearpay is a popular buy now, pay later service that allows shoppers to split purchases into four interest-free installments. 

However, accounts can sometimes be frozen for various reasons. This comprehensive guide will explain the most common reasons for a frozen Clearpay account and the steps to resolve each situation to get your account unlocked again.

Why Would My Clearpay Account Be Frozen?

Let’s start by looking at some of the main reasons your Clearpay account may have been frozen

1 Late or Missed Payments 

The most common cause of a frozen account is making late or missed payments on an existing order. Clearpay relies on timely repayments to remain compliant with responsible lending laws. 

2. Suspected Fraudulent Activity

If unusual activity is detected, such as multiple orders being shipped to different addresses, your account may be temporarily frozen pending a fraud investigation.

3. Payment Method Issues  

Issues with your linked bank account or card like insufficient funds, declined payments or expired details could also lead to a freeze.

4. Address or Identity Verification  

Clearpay may need to verify your address, ID or other details if anything looks suspicious or doesn’t match their records.

5. Breaching Terms of Service

Violating Clearpay’s terms like applying for multiple accounts under different names may result in restrictions.

Steps to Unfreeze Your Clearpay Account

With the common triggers identified, let’s look at the steps to resolve each situation

1 Make Late/Missed Payments  

Log in to make overdue payments in full immediately plus pay a missed payment fee. After successful repayment, Clearpay will review to lift restrictions within 1-2 business days.

2. Suspected Fraud Resolution

If flagged for potential fraud, Clearpay will contact you directly by phone or email to verify account details. Failure to respond promptly will result in a continued freeze.

3. Update Payment Details

Log in to your account settings and update expired or invalid bank/card details. Make a $1 authorization payment to verify the new information and reactivate your account. 

4. Address/ID Verification   

Clearpay will provide instructions on verifying your identity and residential address, which may involve uploading ID documents via the app. Comply promptly for fastest resolution.

5. Terms of Service Violations

Contact Clearpay’s customer support team to discuss the situation and agree to adhere to all terms going forward. Restrictions will be reviewed on a case-by-case basis.

6. Customer Support Assistance

For any of the above, don’t hesitate to reach out to Clearpay’s dedicated phone and online customer support for personalized guidance to unlock your account status.

How to Resolve Issues Before They Arise

Taking some preventative steps can help avoid account freezes in the future

• Set up automatic scheduled payments for installments Monitor pending payments and available credit balances closely
• Keep address, bank and contact details up to date
• Only use one Clearpay account with truthful application info
• Carefully read all terms and policies for compliance 

Being proactive and following repayment terms will ensure continued access to Clearpay’s payment plans on all future purchases.

Alternatives While Your Account Is Frozen  

If you need to make purchases online before an account restriction is lifted, consider these temporary alternatives:

• Pay in full with debit/credit card or cash for flexibility 
• Apply for a PayPal Credit account with similar installment plans
• Look for pay later options from competing providers like Zippay or Laybuy
• Ask a friend or family member to purchase for you and repay them directly

Using an alternative method allows you to avoid late fees or interest charges until Clearpay access is restored once issues are fully resolved.

Conclusion

Thanks for reading to the very end. 

With prompt action handling the underlying cause and communicating clearly with Clearpay, most account freeze situations can typically be unlocked within a few short days at most. 

Staying on top of payments, keeping your details accurate and adhering to policies are the best ways to ensure continued seamless use of Clearpay in both the short and long term. Don’t hesitate to get in touch if you have any other queries during the resolution process.

FAQ 

Why am I blocked from Clearpay?

You may be blocked from Clearpay due to a history of late or missed payments, technical issues on the Clearpay website or app, or if your account has been disabled for security reasons

How do I reset my Clearpay account?

To reset your Clearpay account, you can follow these steps:

• Start by visiting the Clearpay website at help.clearpay.co.uk.
• On the login page, click on the ‘Forgot Password’ link.
• Enter the email address associated with your Clearpay account.
• Clearpay will send you an email with instructions on how to reset your password.
• Follow the instructions provided in the email to reset your password. This may involve clicking on a link or entering a new password.
• Once you have entered your new password, verify that it meets the required criteria (e.g., at least 5 characters).
• After resetting your password, log back into your Clearpay account using your new password.

Getting your Venmo account frozen can be very frustrating when you need to send or receive payments. In this article, we will go over the common reasons why Venmo freezes accounts and provide step-by-step instructions on how to unfreeze your account. We will also share some tips to help avoid getting frozen in the future. 

 Why does Venmo freeze accounts?

Potential fraudulent activity 

Venmo monitors accounts for signs of potential fraud such as a sudden surge in transactions, sending money internationally, or transactions associated with regulated industries like gambling.

Terms of service violations

Actions like selling goods and services without being a registered business, money laundering, or sending payments that are unpermitted can violate Venmo’s terms of service and lead to account restrictions. 

Suspicious payment notes

Including notes for prohibited items like drugs, weapons, etc. or notes that don’t match the actual transaction purpose can raise red flags. 

Bank authorization issues 

If the bank associated with your Venmo account fails verification processes or rejects transactions, it can freeze your account until resolved.

How to unfreeze your Venmo account

To unfreeze your Venmo account, you can follow these steps:

1. Check Your Account Status

If your account has been frozen, Venmo will typically notify you via email or in-app notification. The email or notification will provide prompts on how to unfreeze your account.

2. Cover the Amount Due (For Payment Failures)

If your account was frozen due to a payment failure, you can unfreeze it by covering the amount due. The fastest way to do this is by using a debit card. This method should get your account back up and running in a matter of minutes. If you pay the balance using a bank account, it may take three to five days for the payment to process.

3. Contact Venmo Support (For Security and User Agreement Issues)

If your account was frozen for security or user agreement reasons, you will need to contact Venmo support directly to resolve the issue. You can reply to the notification email Venmo sent or use the Venmo ticket form. You can also contact the support team via phone or in-app chat.

4. Provide Additional Information (If Required)

Venmo may request additional information or documentation to verify your identity or address. You will need to provide this information to resolve the issue and unfreeze your account.

5. Wait for Verification

Once you have provided the required information, Venmo will verify it. This process can take two to five days, depending on the complexity of the issue.

Tips to avoid getting frozen 

1 Only send personal payments 

Refrain from any business/commercial related transactions unless registered properly. P2P payments should be for close friends and family only.

2. Use accurate payment notes

Be precise about the purpose of each payment sent or received and avoid prohibited items. Keep notes transaction relevant. 

3. Limit suspicious activity patterns

Steer clear of any unusual money flow behaviors like dealing with large volumes or frequent international payments right from the start. 

4. Verify your bank accounts  

Complete any bank authorization steps smoothly and promptly to avoid holds due to non-confirmation of linked accounts. 

5. Monitor your account activity  

Look out for unauthorized access attempts or any other abnormalities and contact support right away to minimize risks. 

Common mistakes to avoid 

Impatience during review process

Refrain from repeatedly contacting support or submitting multiple verification requests during account reviews.

Sharing payment credentials

Never disclose login details with anyone for security reasons. Venmo will never ask for passwords over messages.

Unclear payment descriptions

Use specific, unambiguous notes describing the actual transaction purpose for every payment rather than vague placeholders.

Links to external sites

Avoid including promotional links or redirects to other websites in your Venmo profile, bio or payments that could be seen as ads. 

Conclusion

With careful usage practices and prompt follow up on any flags with support, most Venmo account holds can be quickly resolved. Following best practices is the best long term solution to avoid freezes altogether. Let me know if any part needs further explanation!

FAQs

What is the average processing time for identity verification requests on Venmo?  

Most verification requests are completed within 1-3 business days. In some cases involving complex reviews, it may take up to 5 business days.

 Will others be able to see if my Venmo account has been frozen?

No, other users will not be able to see if your Venmo account has been frozen or restricted. This status is only visible to you and the Venmo support teams handling your case.