In order to Accept Payments as a merchant on phoonePOS, the process is very simple. All that is required is for the merchant to login to the dashboard of the App, then ask the customer which bank do they have their money, once the customer answers, the merchant generates a string of USSD code and gives to the customer do dial on their phone. Once that is done, the money moves to the Account of the merchant on phoonePOS, then the merchant can confirm from the transactions menu.
Its important to note, that the transaction value for Accept payments is t+1 (which means the value is received by the merchant on the next day the transaction is done), based on the CBN Policy.
To understand how to generate the USSD code, please view this video https://youtu.be/2sOSAkrFtuY.
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