MTN MoMo POS vs OPay POS – Which Is Better for Small Businesses in 2025?

MTN MoMo POS vs OPay POS

As small businesses in Nigeria increasingly embrace cashless payments, the choice of a reliable POS (Point of Sale) terminal is now more important than ever. In 2025, two popular options—MTN MoMo POS and OPay POS—stand out among agents, retailers, and SMEs.

So which one should you choose for your business?

In this comparison, we’ll break down MoMo vs OPay POS in terms of:

Registration & Approval
Charges/Commission Rates
Device Quality
Reliability
Customer Support
Extra Features

What is MTN MoMo POS?

MoMo Agent POS is MTN’s payment service that allows individuals and businesses to perform transactions like:

Cash deposits & withdrawals
Airtime & data sales
Utility and TV payments
Bill collections for other businesses

You must register as a MoMo Agent through MTN to get the POS device.

Apply here: https://momoagent.mtn.ng

What is OPay POS?

OPay POS is part of the OPay fintech ecosystem that offers banking, transfers, merchant payments, and loan services. The POS is used by over 500,000 merchants in Nigeria.

It supports:

Bank withdrawals/deposits
Transfers
Airtime sales
Bill payments (NEPA, DSTV, etc.)

Apply here: https://www.opayweb.com/pos

MTN MoMo POS vs OPay POS (2025 Comparison Table)

Feature	MTN MoMo POS	OPay POS
Approval Time	1–2 weeks	3–7 days
Registration Fee	Free (may need MoMo agent wallet)	Free / Caution fee ₦20,000–₦30,000
Commission on Transfer	₦20–₦30/₦1,000	₦10–₦20/₦1,000
Cash Withdrawal Fee	₦10–₦20/₦1,000	₦10/₦1,000
Device Quality	Basic POS or Android Smart POS	Multiple options, better build
Settlement Time	Instant or same-day	Instant or same-day
Data Requirements	MTN SIM only	Any SIM (MTN, Airtel, etc.)
Support	MTN customer care & MoMo centers	In-app and WhatsApp support
Extra Services	Only MTN-related & partner bills	Loans, QR payments, Cards

Which POS is Better for Your Business?

Choose MTN MoMo POS if:

You already use MTN regularly
You want zero upfront cost
You’re in rural or semi-urban areas with only MTN coverage
You’re mainly doing basic cash and airtime transactions

Choose OPay POS if:

You want more flexible services (QR, virtual cards, etc.)
You handle high transaction volumes
You want to earn better commissions
You want advanced business tools and loan access

Agent Testimonies

“I started with MoMo POS because there was no fee, but later switched to OPay for better commissions.” – Zainab, Lagos POS agent

“MoMo is easier to set up, especially in areas with only MTN network.” – Chidi, Imo State

For beginners and rural agents, MTN’s MoMo POS offers a low-risk entry point to mobile money transactions. But for serious POS agents or growing SMEs, OPay POS is the better choice thanks to: