Agency Banking: How To Be a DotPay Agent

What is DotPay  

DotPay, which seems to have gotten its name from the recent Dot Nation trend, is an agency banking and mobile money service owned by Changan RTS Microfinance Bank Limited. DotPay is a secured Point Of Sales(POS) agency banking service device that allows individuals to carry out cash withdrawals, deposits, bill payments, and interbank transfers within their locality without visiting any bank. 

Who is Behind DotPay? 

Dotpay is owned by Changan RTS Microfinance Bank Limited with its operational name as Dot Microfinance bank limited with registration number RC 232534. Its office is located at No. 366 Murtala Mohammed Way, Yaba Lagos State, Nigeria.  

Features of DotPay POS 

The DotPay POS is an Android-based POS device that has the ability to carry out card withdrawals, print receipts, pay bills, and do transfers. The company also promised to add balance checking and other features in the near future.  

How Much Is DotPay POS? 

The DotPay POS is not for sale; however, agents are to pay a caution fee to get the POS from an aggregator or ambassador. You are to get a N10,000 refund if you stop using and return the device within six months from the date you got the device. If the return or retrieval is done after six months, you are entitled to nothing. 

This money can be paid before or during delivery depending on your negotiations with the aggregator or ambassador. Beware of scammers; only pay if you trust the aggregator or ambassador.

The DotPay Android Terminal

DotPay Agent Target 

Unlike other companies which require a certain amount daily as a target to its agents, DotPay has no fixed amount as a target; rather all agents are expected to perform a minimum of 20 transactions daily irrespective of the amount. If an agent fails to meet this target consistently, his or her POS will be retrieved by the aggregator who issued the device or any other aggregator assigned by the company.  

DotPay Charges  

Below is the breakdown of transaction charges on DotPay.

Cash Withdrawal Charges:

1k = 5 naira 

2k = 10 naira 

3k = 15 naira 

4k = 20 naira 

5k = 25 naira 

6k = 30 naira 

7k = 35 naira 

8k = 40 naira 

9k = 45 naira 

10k = 50 naira 

11k = 55 naira 

12k = 60 naira 

13k = 65 naira 

14k = 70 naira 

15k = 75 naira 

16k = 80 naira 

17k = 85 naira 

18k = 90 naira 

19k = 95 naira 

20k = 100 naira 

20k to infinity = 100 naira. 

Deposit is  N25 flat rate.  

How to start a POS Business in Nigeria

How To Become A DotPay Agent  

To become a DotPay POS agent, you need to complete the agent registration form and provide a valid means of identification (National Identity card, NIN slip, international passport, driver’s license, etc.), a recent utility bill, and a passport photograph. The agent registration can be done by visiting the company’s office above or by contacting any of the company’s aggregators. Contact/WhatsApp me on 08035232107 if you are within Rivers state, Owerri, Bayelsa, and Aba. 

Final Words  

This company is still very new with lots of potential to compete with others in the market and, at the moment, the device is easy to access. I can’t say what will happen in a few months. The charges are also okay, and since it is completely new, the network speed will be very okay. As such, I encourage you to key into it now and start making daily instantly-dropping commissions.  

2Face Has Two Wives in Reality and One in Law – Itsede Okhai

2face has two wives in reality and one in law. Law can change but reality remains constant.

The legal wife could either be Annie or Pero depending on whose story is true. If the story given by Pero's dad is true, it means 2face was already married to Pero traditionally before he married Annie under the Act. If this is the case, the marriage to Annie under the law is a nullity and Pero remains the only legal wife. But if the story is false, Annie remains the legal wife. 

Pero, Pero's Father, Annie and 2face

For starters, once a man is married to a woman traditionally, it's illegal for him to marry another woman under the Act( what you call court marriage). The second marriage becomes void in such instance, unless it's also done only traditionally.

A woman married traditionally is also a legal wife under the law. Both traditional and "court wedding" are legal. You have the discretion to decide the one to conduct. You can decide to stop at traditional marriage and your marriage will still be legally valid.

Back to the first paragraph, a woman that has 3 kids for a man cannot be said not to be a wife in reality, especially when this was the case before tying the knot with another woman, and given the fact they are still in good vibes. Anything short of this reality is we deceiving ourselves. Nature and fairness should stand supreme. Pero is human too!

© Barr. Itsede Okhai

5 Simple Ways To Detect Counterfeit Naira Notes

Fraudsters have recently begun to create and use fake currencies to make deposits and payments. This new trend of using counterfeit Naira notes has resulted in significant losses for some POS business owners. 

Naira Notes

The production of counterfeit notes by fraudsters is a serious issue; thus it is advisable POS business owners or banking agents be on the lookout for this new illegal behaviour. Fake notes can be printed in smaller denominations, such as N50, N100, and N200, as well as big denominations such as N500, N1000. Despite the fact that this illegal skill appears to be improving with each passing day, there is no need to be worried as these notes can still be detected with ease. 

Here's a quick reference guide to identifying genuine Nigerian naira notes:

1. Check the Quality and Texture 

Genuine naira notes are created from a particular sort of paper whilst fake naira notes are usually created from ordinary paper. Before accepting Naira notes as payment for a service, it is critical to inspect their quality and texture.

2. Soak in Water and Other Liquid 

If you have any doubts about a note you've received, soak it in water or fuel and gently brush it with your thumb. If the money is counterfeit, the colour will fade quickly. The colour of a genuine Naira note will not wash off because the note is water-resistant.

READ: Agency Banking: How To Start a POS Business

3. Check the Ribbon or Silver Thread 

A silver ribbon runs from the top to the bottom of every genuine naira note. The silver thread may be felt on actual notes, and it can even be seen on old naira notes. In fake notes, however, something that appears to be a thread is actually only paint. Scratching that ribbon will easily remove it.

4. Check the Gold Foil 

On the right side of the N1000 note, just beside the CBN governor's signature, there is a gold foil. The gold foil on a fake note peels off when scratched whereas the gold foil on a genuine note does not peel.

5. Use Mercury Bulbs

Other aspects of the Naira note are not visible with the naked eye. These features can only be seen on real naira notes and with certain pieces of equipment. You can tell the difference between fake and authentic notes by using mercury lights.

If a genuine N1000 note is exposed to the rays of a mercury bulb, it will glow with a glowing 1000 (in numerals) printed across it. Smaller denominations are treated the same way.

It's also worth noting that the use of counterfeit notes is illegal in Nigeria, according to the country's constitution. It makes no difference whether you are aware or not because ignorance is not an excuse.

Be vigilant; don't be a prey in the hands of these hungry fraudsters!

Letter Writing: How To Write Informal /Friendly /Personal Letters

Letter writing plays a crucial role in our daily lives. We communicate our feelings, ideas, thoughts and facts through letter writing. This is especially done in the world of business where a lot of interactions are made through letter writing. It is, therefore, no wonder that we students are taught letter writing and examined on it as well.

Generally, there are two types of letters.

✅ Friendly or Personal letters, and this includes Semi-formal letters.

✅ Official/Formal /Business letters

Click HERE to read how to write official letters. 

Informal letters are written to people who are quite close to us, especially acquaintance of one's own age groups or contemporaries. The communication we do on paper to our friends, siblings, wives, husbands, aunts, uncles, pen-pals, parents etc. all come under this type of letter writing.

PARTS OF INFORMAL/ FRIENDLY/PERSONAL LETTERS

✅ The writer's address

✅Date of writing

✅ Salutation

✅ Introduction

✅Main body

✅ Conclusion

✅ Subscription (including writer's first name only)

WRITER'S ADDRESS AND DATE

 

The address of the writer should be on the top right-hand corner of your answer sheet.

🔥The address can be slanted (indented) or straight (block). 

🔥It may be punctuated or not punctuated.

🔥Under no circumstance that your name should appear at the position of the address.

Examples

A Punctuated and Block Address

Asanteman Senior High,

P. O Box 3124,

Suame, Kumasi.

14th January 2021.

An Unpuntuated and Indented/Slanted Address

Asanteman Senior High School

    P. O. Box 3124

         Suame, Kumasi

14th January,2021.

Note: THE POSITION OF THE DATE SHOULD MATCH THAT OF THE FIRST LETTER OF THE ADDRESS. ALSO, YOU ARE TO PUNCTUATE THE DATE.

Both types (punctuated and unpunctuated ) are accepted in examination. However, they must not be mixed, especially in the case of Formal letters when you may need two addresses. Note how the date is written, the th or nd should be on the line; e.g., 14th, and not hanged or suspended. Again, the date can be written in these ways: 14-01-21 or 14 /01/21.

✅ SALUTATION

This is another Crucial feature or convention in letter writing. The salutation or the open greeting vary from a type of letter to another. For close friends you use: Dear or Hello or Hi followed by the persons first name.

 Examples:

🔥Dear Misty, or Hello Misty,

🔥Dear Pius, or Hello Pius,

🔥 Dear Tunchi, or Hello Tunch,

🔥You can use "My dear" instead of Dear alone if you want to show more affection or closeness to the person.

Note: It should be noted that if you use a lower initial letter d for dear, the name which follows should also use initial lower letters. It is the same with the use of capital D for Dear.

Examples:

Dear Eric,

Hello Mensah,

Hi Agabus,

Hello Jefflyna,

Avoid these ones:

Dear brother,

Hi sister,

My dear Brother,

✅ INTRODUCTION AS A FEATURE

You should ensure that the introduction to your letter is an interesting or a catchy one which can arouse a reader's or marker's interest naturally. An introduction may carry some pleasantries and often may include the following:

🔥 expression of gratitude/appreciation for a gift or a piece of advice, friendship, assistance, support etc.

🔥 expression of congratulations on one’s achievement.

🔥 artistically expressing surprise at some developments. 

🔥 creating humour.

Generally, there are two ways you can use to introduce letters:

🔥 showing/ acknowledging the receipt of a letter from your friend, the recipient. This is normally done in replying to a letter.

🔥you take or assume the position of writing to your friend – recipient as a first-timer.

How To Acknowledge the Receipt of a Letter

🔥Hello Elsa,

                      I received your interesting and thought-provoking letter about three weeks ago. It was a great delight to have heard from you after such a long break of correspondence. Please accept my congratulations on your election as a day head girl of Asanteman Senior High School.

🔥Hi Misty,

                With much delightedness, I write to acknowledge the receipt of your heart-warming as well as inspiring letter dated 17th April 2021. How are you faring at your current school? I hope you are doing well?

Introducing a Letter Which Is Not a Reply To a Previous One

🔥 Hi Mawu,

                      I'm delighted and pleased to get such a glorious chance to write this maiden letter. It is to make you aware that my parents have succeeded in convincing me to attend Asanteman Senior High School. How is everybody doing?

🔥 Hello Stallone,

                        The pleasure is an unmeasurable one for the beautiful opportunity to write to you for the first time. This letter is purposed to inform you that I have won an educational scholarship to study Medicine in Germany.

THE BODY OF YOUR ESSAY

✅This happens to be the most important part of your composition.

✅The body of a letter or an essay presents the reader or the examiner with the details of what your paper contains.

✅The ideas you express should be arranged in paragraphs.

✅The expression of your views must be good, straight forward and meaningful, taking care of tenses, spellings, grammar and punctuation.

✅ A point must be developed in one paragraph, by stating the topic sentence and developing it.

✅ The words you put together should sound conversational/chatty, and be contracted forms, popular local forms should be used.

✅ CONCLUSION OF AN INFORMAL LETTER

It is imperative to conclude your letter or essay always. A good conclusion will make the recipients feel like wishing to read more from you. A good conclusion makes it more complete and fascinating.

The following are some ways you may write your conclusion:

1. Misty Joe, I will like to end here with the warmest greetings to you. Please extend my regards to your lovely parents. Do not forget that you have promised to reply to my letters frequently.

2. Leticia, I sincerely believe that enough has been said and you are smiling pleasantly at what you have heard. Please let the sleeping dogs lie. Hoping to hear from you soon and please accept my love.

3. Bideen Aristotle, best regards to you from all of us especially, Mum and Dad. Please do stay safe clean, and we'll during this COVID-19 era. The entire family is eagerly waiting to read from you, so make sure you write to me as soon as possible.

4. Dr Boss Willis, my best regards to you and all your nice friends around. Remember, we had an agreement to celebrate the upcoming birthday at KFC, Bekwai Roundabout. Is there any help I can give you? Let me hear from you soon.

✅ THE SUBSCRIPTION

The following are some forms of subscriptions for informal letters.

✅ Yours affectionately,

✅Your loving brother,

✅Your affectionate son,

✅Yours sincerely,

Note: On no account should you end an informal letter with the subscription, Yours faithfully since it is strictly reserved for Formal letters.

Avoid These Subscriptions:

Your lovingly brother,❌

Your loving brother,✅

Your's sincerely,❌

Yours sincerely,✅

Yours loving son,❌

Your loving son,✅

Yours truely,❌

Yours truly,✅

NAME OF WRITER

You should always write your first name under the subscription.

1. Yours affectionately,

Jeffery.✅

2. Your loving brother,

Misty.✅

3. Yours truly,

Sanou.✅

© Misty Joe

How To Write Formal /Official /Business Letters

Formal letters are also known as business or official letters. They are usually written to public organizations, government offices, the press, business firms and letters of application for employment.

The language and tone of formal letters are supposed to be formal as well as impersonal or non -personal. This is because the letter is being sent to an official position.

PARTS OF FORMAL/ OFFICIAL/ BUSINESS LETTERS

✅ ADDRESS OF THE WRITER AND DATE.

✅ ADDRESS OF THE RECIPIENT

✅A FORMAL SALUTATION

✅ TITLE/HEADING

✅INTRODUCTION

✅BODY/ MAIN BODY

✅ CONCLUSION

✅ A FORMAL SUBSCRIPTION

✅ SIGNATURE AND FULL NAME WRITTEN UNDER IT

✔️ ADDRESS AND DATE

Two addresses are required in formal letters. The writer's address and the recipient's address. The writer's address should be at the top right hand corner.

The styles of address are:

i. block/straight

ii. slanted/indented

The punctuation styles:

i. punctuated

ii. unpunctuated

Examples of the writer's address

BLOCK/STRAIGHT(PUNCTUATED)

Asanteman Senior High School,

Post Office Box 3776,

Suame, Kumasi.

9th March 2021.

SLANTED/INDENTED (UNPUNCTUATED)

Wesley Girls Senior High School

      Post Office Box 82

          Cape-Coast, Ghana.

9th March 2021.

NB: The date is not a part of the address; hence it should be punctuated.

✔️ RECIPIENT'S ADDRESS

This address is often written at the top left side . It always shows designation of the office.

Examples

✅The Headmaster,

✅The District Chief Executive,

✅The Director,

✅The Minister,

✅The Chairman, 

The Headmaster,

Asanteman Senior High,

Post Office Box 3776,

Suame, Kumasi.

NB: DON'T ADD A DATE TO THE RECIPIENT'S ADDRESS.

The Minister,

Ministry of Finance,

Post Office Box 33,

Accra, Ghana.

✔️ SALUTATION

Use the following greetings for formal letters: Dear Sir, or Dear Madam, ( You use Sir for editors of newspapers too).

✔️THE HEADING/TITLE

Any official letter must have a heading or title. The heading is supposed to be a summary of the subject matter or theme of the letter. The title always comes below the salutation.

NB: It should be written in block capitals. I will be posting one question which happens to be last year's WASSCE question. It's going to serve as a summary of what we have learnt here before we move on.

Question: As the senior prefect of your school, write a letter to your principal, explaining to him the reasons why your school should take part in sporting activities. (WASSCE 2020)

NOW LET'S EXAMINE THE QUESTION ABOVE

WRITER'S ADDRESS

Asanteman Senior High School,

Post Office Box 3776,

Suame, Kumasi.

9th March 2021.

RECIPIENT'S ADDRESS

The Principal,

Asanteman Senior High,

Post Office Box 3776,

Suame, Kumasi.

Dear Sir,✅

         Dear Sir, ❌

HEADING

It should start from where the comma ends in the salutation.

REASONS WHY MY SCHOOL SHOULD TAKE PART IN SPORTING ACTIVITIES

NB: Kindly desist from ending the heading with a  FULLSTOP.

✔️ LET'S CONTINUE WITH THE BODY OF A FORMAL/ OFFICIAL/ BUSINESS LETTER.

✅ The body of a formal letter, like any other letter, should be arranged logically in paragraphs.

✅ Each paragraph must contain a single idea well explained.

✅ The use of acceptable connectives should be used; e.g., Firstly, Secondly, Moreover, Furthermore, In addition to, Finally etc.)

❌Avoid these (To start the ball rolling, To begin with, In a nutshell)

✅ After  the connective, every word that follows should begin with a small letter.

Example:  Firstly, drug✅Drug❌ abuse is one of the causes of teenage pregnancy.

✅ The use of a topic sentence must be encouraged. A  topic sentence is a  sentence that expresses the main idea of the paragraph in which it occurs.

Let's look at this example.

If the question was on the causes of teenage pregnancy, it's going to be like this.

Firstly, drug abuse is one of the causes of teenage pregnancy.✅

Firstly, drug abuse.❌

That's the difference✅

Therefore, Our connective is the Firstly, our point is the drug abuse, and our topic sentence is one of the causes of teenage pregnancy.

✅ Some contracted forms of words (aren't, won't, couldn't, haven't etc.) and colloquialisms must all be avoided in formal letters.

The tone or the language should be formal as well as impersonal (non-personal).

✅ The use of polite words must be encouraged.

For Example:

Can❌ Could✅

Shall❌ Should✅

Will ❌ Would✅

THAT'S ALL FOR THE BODY OF A FORMAL/OFFICIAL/ BUSINESS LETTER.

✔️ CONCLUSION OF A FORMAL/OFFICIAL/ BUSINESS LETTER

✅It is imperative to conclude your letter or essay always. A good conclusion will make the recipient feel like wishing to read more from you.

✅ Your conclusion should be in just one paragraph, and it should be a summary of what the body entails or talks about.

✅ If the question demands a solution to a certain problem, you can add it up.

Now let's look at this.👇

✅Introduction (1 paragraph)

✅Body(3 paragraphs or more, not less)

✅Conclusion (1 paragraph)

✔️FORMAL SUBSCRIPTION, SIGNATURE AND FULL NAME WRITTEN UNDER IT

✅ The subscription comes just after the last word of  the letter. For formal letters, it should be Yours faithfully.

Yours faithfully,✅

Your's faithfully,❌

Yours' faithfully,❌

Yours faithfuly,❌

Yours faithful,❌

✅ You are reminded that only the first word in a subscription is capitalized.

✔️ SIGNATURE AND FULL NAME

✅ The writer's signature follows the subscription. Then comes the writer's full name.

Yours faithfully,

..............

Jeffery Boahen.

Yours faithfully,

 ...............

David Amewornu.

Yours faithfully,

...............

Stallone Clarks.

Yours faithfully,

.............

Mary Boateng.

Yours faithfully,

..............

Agnes Yeboah.

Yours faithfully,

.................

Misty Joe.

© Jeffery Boahen.

(Tutor, Asanteman Senior High)