March 24, 2023
Moniepoint POS – How To Apply and How much is Moniepoint POS machine in Nigeria 2021?

Moniepoint POS – How To Apply and How much is Moniepoint POS machine in Nigeria 2021?

Spread the love

This post will contain information on the Moniepoint POS, Moniepoint login app, moniepoint atm login, moniepoint dashboard, moniepoint app. You will also learn moniepoint agent login, moniepoint sign up login, moniepoint app download, atm moniepoint app, how To apply for Moniepoint POS and how much is Moniepoint POS machine in Nigeria 2022.

Moniepoint POS is another mobile money merchant that uses Point of Sale (POS) machines as the primary device for collection and other transactions. Like OPay, Access Crosa, UBA Moni, and so on, POS devices are deployed to agents that have been evaluated in a rigorous Know Your Customer (KYC) process. The first-class KYC has now ensured the security and reliability of Moniepoint and others. Moniepoint allowed agents to become a ‘mini bank for their immediate environment and earn good money from commissions.

Moniepoint is a fast-growing Fintech company in Nigeria that is currently looking to expand into other parts of Africa. This article will address the essential questions people are currently asking about Moniepoint: can you get/apply a POS (Point of Sale) terminal for pick up, transfer, deposit, How much is Moniepoint POS machine in Nigeria? etc.

Honestly, you just need to sign up first to become a Moniepoint agent on the website – This is the first step to everything.

What is a Moniepoint POS agency?

Moniepoint is Nigeria’s most trusted and trusted mobile money platform (local money transfers). Moniepoint company becomes Nigeria’s largest mobile money platform in one year. Moniepoint offers a fast and secure point of sale (POS) terminal. You won’t have any problems using their POS.

That is why in this article I will explain to you how to get your point of sale.

There are many complaints (from agents) about debiting the customer’s account without seeing the money. This problem usually occurs at a point of sale (POS) terminal when there is no network (the customer’s banking network or the terminal). They will charge the card and the agent will not see the money.

If you were the agent, would you give that money to customers? No, you can’t, because it’s not in your account. The only solution for them is to go to the bank to complain about the problem. And not all customers understand this. They may think you want to trick them.

Note: All payment terminals can charge customer cards if there is a bad network during the transaction process. But,

If you are at the ATM, the problem is easy to solve. The agent (if you are an ATM agent who has the problem) will file a complaint with the ATM teams and they will contact the customer’s bank to refund the money without having to visit the bank.

How do I qualify for a Moniepoint POS in Nigeria?

  • Be 18 years or older
  • Be a Nigerian
  • Be responsive and tech-savvy
  • Owns a smartphone
See also  Bank of America credit card Login – Payment and Card Features

How To Get A Moniepoint POS Machine

Knowing how to get a Moniepoint POS machine is a very easy task as it does not require much effort.

The easiest way to get the single-point machine is to contact the single-point office anywhere and request it.

The office will guide you through the necessary steps to take to successfully obtain a single-point POS machine.

The machine costs only N25,000, which is cheaper than the cost of other POS machines.

If you also know a ticket office near you, you can get it there too.

How do you become a Monieppoint POS agent?

The steps required to become a genuine and qualified POS agent is a very simple procedure.

All you need to do is go to the official moniepoint website at where you can fill out the registration form for those who want to become a moniepoint agent.

After completing and submitting the form, your email address or telephone number will be used to contact you 48 hours after registration. It is advisable to use an active email address.

Once you have been verified to become a legit moniepoint POS agent, log in to the moniepoint POS login to access your dashboard.

Below are the requirements you fill in the moniepoint POS agent form;

  • A certified commercial license.
  • Your bank account number.
  • Your current home NEPA Bill.
  • Any active ID card, be it a voter card, national ID card,z, or any other.
  • Your bank verification number (BVN).

The concept of BVN is only to confirm your details so that they can get to know your customers.

How To Request For Moniepoint POS machine?

Moniepoint’s POS is probably the easiest bank branch cash register available in Nigeria at the moment.

The first step to getting a Moniepoint POS agent is to sign up on their website ( Here’s a step-by-step guide to getting started on the Moniepoint website:

  1. Click start
  2. Enter your full name, email address, phone number, and other details.
  3. Select the other POS merchants you work with (if any)
  4. Send

Within 48 hours of signing up, an aggregator (an officer in charge of a group of agents like you) will contact you and take over from there.

You can also just visit their office No. 12 Wole Ariyo St, Lekki Phase 1. Once assigned to an aggregator, you can get everything done in a short amount of time.

Documents required to complete Moniepoint branch bank registration

To meet the KYC requirements (know your customer), your aggregator will ask for some documents. There they are:

  • A valid ID (international passport, NIN, voter card, or driver’s license)
  • Utility bill (waste bill, electricity bill, land use tax, water bill, or rental agreement)
  • CAC documents (for registered companies only)
  • BVN
  • A standard account number at any commercial bank.

Moniepoint ATM Login

The moniepoint ATM Login is a simple procedure as it is very similar to logging in to moniepoint.

All you need to do is log into the moniepoint dashboard and download the moniepoint app.

Downloading the app from the Google Play Store is very easy. It is now possible to easily log in to the moniepoint app.

Logging into your dashboard is very easy via in your search engine.

Now you can start your own POS business without hesitation.

Moniepoint Login – Moniepoint Login App To Access Moniepoint Dashboard

When someone registers with the Moniepoint agency, either through the website or the app, they can moniepoint login to their account easily.

All it takes are certain steps to go through the process. Upon arrival at this portal, you must log in before you can access it.

See also  How To Unblock Someone On Venmo In 2022?

Here we are going to give you the details on how to go through this process successfully. How to moniepoint login to access moniepoint login app dashboard easily.

As long as you have your login details correct, you can easily go through the process. Be one of those who may be going through this process.

Anyone looking for this information is sure to get it in full here. Below you will find the steps to complete the login to Moniepoint Dashboard;

Here Is The Process To Moniepoint Login;

  1. Visit the moniepoint app or website
  2. Enter your correct login details (username and password)
  3. From there, successfully log in to your Moniepoint dashboard.

Moniepoint Login App Problems

There are situations where many are unable to complete the Moniepoint login Dashboard. This is caused by several factors.

If you know the cause of this problem, you can tackle it. The causes of these kinds of problems are not far from the problem.

Without finding the real cause of this problem, you cannot treat it successfully. The causes of Moniepoint login dashboard are listed below;

  1. Incorrect login details
  2. KYC low level
  3. Bad network

When you face this issue, you need to follow some steps to complete the process. These steps are the ways that can help you solve the problem.

So many who are looking for a solution to this Moniepoint login problem are in the right place. We will surely let you have full knowledge about it.

Find the cause of the problem to resolve the Moniepoint dashboard login issue. Also, follow the steps below to find and fix this issue;

  • Open your moniepoint account in a good network area
  • Please use your correct login details
  • Click reset password if you forgot the login details
  • Follow the correct process to reset the password
  • Update KYC Level

If the problem persists, please contact Moniepoint Customer Service. The update here is about one of the best outlets in Nigeria as of now. This agency has successfully facilitated easy banking in Nigeria.

Transaction costs on Moniepoint

Moniepoint’s transaction costs are relatively low. It is the cheapest POS service.

However, the charges are based on the platform to which the transfer is made.

The bank transfer fee is N20 for each bank. Pricing is not for a specific bank, like other POS services.

Withdrawal rates between one and four thousand nairas are just N6.2, the price will rise if the withdrawal is more than that.

Moniepoint also does not charge additional bank fees like other POS services for its agents.

Moniepoint Application

The essence of the Moniepoint POS is to make it easier to make and receive payments.

Payment for goods is possible via your moniepoint account using the payment terminal in the moniepoint mobile app.

Using the Moniepoint mobile app, paying bills, betting, and withdrawing money at the POS is very easy.

Refunds of transactions are possible using the moniepoint app. All you need to do is file a complaint with the Moniepoint teams.

This team contacts the customer’s bank to refund the money without the customer having to visit the bank.

In about a year, moniepoint company has grown into the biggest and best money platform in Nigeria.

moniepoint offers the fastest and safest payment terminal. Their services are hassle-free and easy to operate.

How to operate Moniepoint POS?

After you know how to get Moniepoint POS and how to become their agent, the next question that should be on your lips is how to operate moniepoint pos? Operating POS from Moniepoint company is easy. Follow the step by step guide below on how to operate moniepoint pos:

  • Login – Make sure you have already login to your Moniepoint POS account.
  • Insert ATM Card
  • Follow the on-screen procedure.
See also  First Bank Loan Code – How Can I Borrow Money From My First Bank Account?

That is how to operate moniepoint pos.

Frequently Asked Questions about Moniepoint

Where and how do I download the Moniepoint app?

For Android, you can download the Moniepoint app from the Playstore at this LINK. The app is not yet available on Apple devices (iOS)

How much is Moniepoint POS machine in Nigeria??

N25,000 (only twenty-five thousand nairas)

When will I receive the POS after signing up?

The schedule from request to when the agent receives the POS device is 24 to 48 hours

What are Moniepoint POS Fees and Commission Structure?

Moniepoint POS fees and commission structure vary depending on the volume of the transaction made through the terminal. However, some of the commissions and fees are listed below:

  • For withdrawals of N1-N20,000, Moniepoint charges only 0.5% of the transaction amount.
  • For transactions over N20,000 Moniepoint charges a fixed amount of N100.
  • For transfers, Moniepoint charges a fixed amount of N20 for transfers

For Data Subscription:

  • MTN 3% commission
  • Glo 4% commission
  • 9 Mobile commission of 4.5%
  • Airtel commission 4%

For TV Subscription:

  • DSTV 2% commission
  • GOTV 2% commission
  • PHCN Commission 2%
  • Star Times commission 2%

What are the rules for using the Moniepoint POS?

Minimum N80,000 (only eighty thousand Nairas) in daily withdrawal value.

Minimum 4 deposits per day

You will receive a 50% refund of the N25,000 amount paid during registration if an Aggregator has a reason to withdraw your POS device within one year of issuance.

What should I do if I later have a problem with the POS device?

As a Moniepoint agent, issues are the least of your worries as settlements and disputes are usually refunded and resolved the same day. This is one of the highlights of Moniepoint. The Aggregator will also appoint a technician to serve you and other Moniepoint agents in your area. In addition, you will be added to a WhatsApp group made up of other agents to share ideas/challenges. The company started.

For questions and concerns about any of these steps, please contact Moniepoint via WhatsApp at +2348141500017 or email [email protected] Moniepoint’s physical office is located at 12 Wole Ariyo St, Lekki Phase 1, Lagos, Nigeria. They only work on weekdays from 9 am to 5 pm.


This post contains all the facts you need to know about the Moniepoint POS. Ways to get it easily, your headquarters, where to get it and more are in this post.

To find out how to get a Moniepoint POS machine, follow the simple procedures above, and with that, you can easily set up your own POS business. The running costs of Moniepoint POS machines are relatively low, as the purchase price is also lower, if not lower, than all other POS machines.

Setting up the POS business is not stressful. You can start by installing it in your place and then move on to other areas. Try to share this information with others, because you don’t know who expects this kind of information.

For the most recent updates, please post your comment in the comment box below.