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HOW TO BECOME A WATU AGGREGATOR.
HOW TO BECOME A WATU AGGREGATOR.
Step by step procedure on signing up as an aggregator on the WATU platform.
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Written by Customer Support
Updated over a week ago

One of the most important strategies we deploy in reaching more agents all around the country is leveraging established and trustworthy aggregators who will serve as WATU ambassadors in their different locations.

Terms and Conditions for Aggregator.

As you know, we at WATU are committed to bringing only the best, seamless, and fast payment service. And as a key partner of WATU, it is important to keep in check with your agents’ transaction performance and businesses. You are also expected to continuously onboard and register new agents to the business. 

Below are the rules for our aggregators to follow; 

  • An aggregator is not expected to have less than 10 agents (POS terminal).

  • Be aware that as an aggregator you are expected to consistently on-board agents and it is important that their use of the Mobile app/POS sums up to a transaction volume as stated on Batch ‘A” on this agreement, Failure to this; We will give you a one-month notice before cancellation of your monthly commission settlement. 

  • It is important to note that if an aggregator has less than 5 POS terminals registered, a notification mail will be sent, giving you a 1-month notice to get at least 5 POS terminals, and your agent’s transaction volumes should not be less than the transaction stated in Batch ‘A’ in this agreement on each POS terminal. 

BATCH “A”

Payment/Transaction

AGGREGATOR

AGENT

Cost of Mini POS

N13,000

N15,000

Cost of Android POS

N37,000

N40,000

Withdrawal Charges

0.46% Capped at N10

0.5% capped at N100

Transfer Charges

N2

N15 Flat

Condition of getting our POS

  1. MPOS

FEES

COST(N)

WITHDRAWAL TARGET

PENALTY

REFUNDABLE FEE

RENT

15,000

10 Counts

N50 daily charge

N5,000

OUTRIGHT PURCHASE

25,000

-

-

-

2. ANDROID/ANALOGUE

FEES

COST(N)

WITHDRAWAL TARGET

PENALTY

REFUNDABLE FEE

RENT

40,000

20 Counts

N100 daily charge

N10,000

OUTRIGHT PURCHASE

70,000

-

-

-

We cherish our partnership with you and that is why we want to help you grow your business circle. For more inquiries please reach out to us on 09060001462.

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