Become a Bank Agent
- 100% Application Handling
- Fast Bank Approval
- 1-on-1 Ongoing Support
- POS Activation Support
What is Agent Banking?
Agent banking refers to the use of third-party retail agents to provide banking services on behalf of licensed financial institutions such as First Bank, Zenith Bank, Access Bank, and so on.
In practice, banks, microfinance institutions, and mobile money operators partner with individuals or businesses (such as local shop owners) who are authorized to conduct basic transactions for customers. When you become an agent banker, you act as human touchpoints in communities, especially in areas without bank branches. You’ll be be equipped with point-of-sale (POS) terminals or mobile apps to connect to the financial institution’s system and facilitate transactions in real time
At Wellzino, we empower everyday Nigerians to become registered agents, enabling them to earn a steady income while making financial services more accessible in their neighbourhoods.
Services You Can Offer as a Bank Agent in Nigeria
Cash Withdrawals
Let customers access money from their bank accounts using a card or USSD code.
Cash Deposits
Accept cash and credit it instantly into customer accounts through POS device or mobile banking platform.
Money Transfers
Help customers send money within Nigeria to any bank or wallet. This includes person-to-person transfers and remittances.
Cash Withdrawals
Let customers access money from their bank accounts using a card or USSD code.
Airtime & Data Top-Up
Sell mobile airtime and internet data bundles. This increases your revenue stream.
Balance Enquiries
Allow customers to check account balances and get mini-statements through the agent’s system, which connects to the bank’s database.
Account Opening Support
Help people open bank accounts or wallets with simplified requirements on the spot, especially for low-income customers, subject to simplified KYC regulations.
Loan Disbursement & Repayment
Process loan repayments or disburse microloans on behalf of financial institutions.
Ancillary Services
ssist with other ancillary services like government payments, collection of bank correspondence for customers, or enrolling customers for digital banking services.
Why Become an Agent Banker?
As a registered agent, you earn money from every transaction you process. Whether you’re running a shop, starting fresh, or looking for a side hustle, this is a low-barrier way to build steady daily income while offering real value to your community.
- Daily income from transaction commissions
- Run it alongside your existing business
- Serve your community and build local trust
- No formal banking experience required
- Start with Low Capital
- Receive Bonuses as a Top Agent
Whether you’re in a busy city or a quiet village, there’s demand for the services you’ll offer. With the right setup and support, you can turn this into a reliable income stream.
How Wellzino Can Help You Succeed as Bank Agent
Registration Support
We handle the full application process — forms, documents, follow-ups — so you don’t have to stress over bank requirements or paperwork.
Bank Matching
We connect you with the right bank or licensed fintech based on your location, needs, and earning potential.
Hands-On Training
We show you exactly how to use your tools, handle customer transactions, and avoid common mistakes that slow down new agents.
Ongoing Support
Even after you go live, we’re still in your corner — offering float tips, income-boosting ideas, and help with any issues that come up.
The Agent Banking Process
1
Free Consultation
and Eligibility Check
2
Application and
Documentation Help
3
Bank Matching
and Contract Signing
4
POS Setup and
Branding Support
5
Hands-On Training
and Go Live
6
Ongoing Support
and Guidance to Grow
Who Can Become a Bank Agent
Agent banking is built for everyday Nigerians who want to earn without jumping through obstackes. Whether you're already running a business, fresh out of school, based in a smaller town, or simply need a side hustle that pays, this path is wide open. If you’ve got a physical location and the drive to grow, you can succeed as a bank agent, and we’re here to help you make it happen.
Shop owners and small business owners
Entrepreneurs in rural or semi-urban areas
Youth and graduates looking to earn
Anyone looking for a low-barrier, cash-based side income
Agent Banking FAQs: What You Need to Know Before You Start
Got questions about becoming a bank agent in Nigeria? You’re not alone. Here are some of the most common things people ask before getting started, from startup capital to setup time.
How much capital do I need to start?
Our approach reduces processing times, enabling funds to be deposited into your account faster.
What kind of shop or space is acceptable?
You need a physical location that people can walk into, like a shop, kiosk, container, or office. It should be in a visible, accessible spot with regular foot traffic. The space doesn’t need to be fancy, but it must be clean, stable, and easy to find.
How long does the process take?
Can I still run my main business?
Do I need to register a company?
Not necessarily. While having a registered business can help, many agents operate as individuals or sole proprietors. As long as you have a valid ID, a BVN, and a physical location, we can help you get started — whether you’re registered or not.
Must a bank agent brand their location?
Yes, most banks and fintechs require basic branding at your outlet, like a banner, sticker, or signboard showing you’re an authorized agent. This builds customer trust and makes your location easier to find. Don’t worry, we’ll guide you in getting the right materials during setup.
Will I get a POS machine?
Yes. Once your application is approved, we help you secure a POS terminal from the bank or fintech provider you’re matched with. In most cases, the POS is provided at little or no upfront cost, depending on the bank’s policy.
Get Started With Your Business Incorporation
Don’t let paperwork delay your business dreams. Let Wellzino handle your incorporation while you focus on growth.
📍 Office: 3 Lingentic Plaza, Alakija Bus Stop, Satellite Town, Amuwo Odofin, Lagos
📞 Call/WhatsApp: +2349016491821
📧 Email: [email protected]
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