Point of Sales Terminal
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With Covenant MFB’s Point of Sale (POS) Terminal, customers can conveniently use their ATM debit cards to pay for goods and services at any merchant location where PoS terminals are deployed in Nigeria. Our PoS terminals offer a secure, fast, and efficient way to process transactions online in real time, ensuring that funds are credited directly into your account. It’s a reliable alternative to cash payments, helping your business serve customers better and accept payments with ease.
Chip & PIN Enabled (EMV Compliant)
Enhanced transaction security
Multiple Connectivity Options
GPRS, CDMA, or LAN/Wi-Fi network compatibility.
T+1 / Instant Settlement
Receive funds the next working day or instantly
Instant Payment Confirmation
Real-time verification for every transaction
Account Balance Enquiry
Check balances directly from the terminal.
Your safety is our top priority
Business owners can effectively manage cash transactions
Increases sales as merchants have access to both cash and card payment methods
Minimizes cost of handling cash and eases reconciliation.
Transaction history can be requested for each PoS terminal.
PoS is directly linked to the merchant’s account..
Ability to view transactions from first usage of PoS
Eliminates the inconvenience of the cheque clearing system
Fill out the form with the required details
Submit the completed form at any Covenant MFB branch closest to you.
Our team will process your request and guide you through the next steps to get your POS terminal up and running.
Bank anytime, anywhere with our simple USSD codes — check balances, transfer funds, and pay bills without internet access.
Covenant MFB's Magic Code
With Covenant MFB’s Magic Code (*566*44#), you can enjoy quick, secure, and convenient banking straight from your mobile phone. This USSD service works on all mobile networks in Nigeria, giving you instant access to your account wherever you are. Whether you’re transferring funds, buying airtime, or checking your balance, it’s as easy as dialing a code.
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