A UP Agent is any person authorized or duly approved having successfully completed a registration process to transact or render services as a UP Agent to the general public.
An initial deposit of N5,000.00 will be deducted directly from account to successfully complete the registration and will be paid into the Agent's prepaid account for business. As part of the Agent set-up, a POS terminal will be required for cash withdrawal for customers who may want to transact with Card. Certain hardware may also be required for some services e.g. BVN registration
A UP Agent can sign up on his own but where he was referred by a UP Agent Manager, the UP Agent should include the UP Agent Manager’s phone number during the Agent’s registration process. The UP Agent is directly answerable to UP or a UP Agent Manager as the case may be.
The UP Agent is not required to make an advance payment prior to transacting. Transaction will be carried out in line with funds available in the account of the UP Agent.
Terms and Condition
|Transaction Type||Service||UP Agent Commission|
|Cash Withdrawal||Withdrawal (N50 Payable by Agent)||Fees @ Agent's Discretion|
|Cash Deposit||Deposit (N50 Payable by Agent)||Fees @ Agent's Discretion|
|Transfer||Deposit (N30 Payable by Agent)||Fees @ Agent's Discretion|
|BVN (Bank Verification Number) Registration||Registration||N40|
|NIN (National Identity Number) Registration||Registration||N40|
|NIS(Nigerian Immigration Service)||E-Passport||N50|