Are you living in Nigeria and want to transfer your money to your loved ones? Then you reach the right place. Here on this blog, you will get information about Moniepoint Nigeria and filled in with facts and figures. So, reading this blog till the end will be super informative and helpful. Come along to get to know each and everything related to this platform in detail. Continue Reading!
What is Moniepoint Nigeria?
Moniepoint Login: Moniepoint is an online platform that lets account holders access their funds safely and securely. Through this portal, account holders can manage their accounts with groundbreaking features. It is a financial technology company that allows individuals and businesses to perform transactions flawlessly. This company offers suites of financial services such as Money transfers, online recharge, bill payments and other related kinds of stuff. Moniepoint started its journey as an agency banking improvement tool. Over the years, the company has expanded its bars and evolved into a widespread banking platform. They introduced several tools such as Monnify and the Moniepoint POS for rapid and simple transactions.
Users can log in to the moniepoint to create accounts, set up profiles, create ATMs and virtual cards, recover their usernames, recover lost passwords, reset PINs, etc.
“Moniepoint Financial Service Company” – A Key Introduction
Moniepoint is a Nigeria-based financial services company. This company has made its name in a very short time due to its offering of a wide range of products designed for businesses and individuals. It originally emphasised developing banking software and has evolved into one of the leading payment platforms in Africa. It provides several services to business banking, point of sale operations, and online payment solutions through Monnify. They launched their banking services in 2023 and by the end of the year, they had over 2 million business accounts and 800,000 active POS terminals. This company proficiently processed over $182 billion in transactions in 2023. It showcased the company’s critical role in the country. The solutions of the company strengthen business owners to handle their payroll, taxes, and compliance along with offering loans to add businesses to expand their operations.
The company is owned by Moniepoint Inc., earlier known as TeamApt Inc. It was founded by a group of ex-Interswitch engineers. Currently, the company has grown into a global entity with more than a thousand team members. They are functioning in more than seven countries.
Moniepoint Login process: Moniepoint Nigeria
To start your journey with Moniepoint, you must log into your Moniepoint account by visiting the official website or application. After that, enter your registered email address or phone number with your password. However, if you forget your password, simply click on the forget password option. Follow the steps in order to reset the password.
Moniepoint Nigeria: What are the requirements to open a business account?
If you want to open a business account, you need a phone number and an accessible email ID. After that, you must arrange your bank verification number and a valid government ID, such as a passport, driver’s license, permanent voter card, etc. If you are from another country, then you have to get your residence or work permit.
Approval of address is required to open your account.
Moniepoint Nigeria: How to open a Moniepoint account on the official website?
Navigate to the official website or download the app.
Click on the register button and provide your personal information such as name, email, and phone number. Remember that create a strong password for your account safety.
After providing your information, then you have to verify your account with a code that will be sent to your email or phone number.
Now you have to verify your BVN number which will also received on your registered mobile number.
Enter your username and password to complete your profile.
After completing it, upload your required document for the KYC process.
How to Download the app- Moniepoint Nigeria
If you want to download the Moniepoint app, then you can download it from mobile application download engines. Having an app would be more handy.
Navigate to the Apple App Store for iOS users and Google Play Store for Android users.
Search for the app by accessing the search bar.
Download the app which has a similar logo to the moniepoint.
The app is quite friendly in terms of interface and easy navigation. On the app, you will find several services on your home screen when turn on the app. In order to use a service, click on it and follow this prompt given by the application. If you want any help or get confused, then you can surely a help from the help section available in the app.
Moniepoint Nigeria: How to transfer money to a moniepoint account?
Head over to the application available on your device.
Log in with your credentials.
Choose the option transfer available on the dashboard.
Provide the recipient account number and enter the moniepoint as your bank.
Verify the recipient details again and enter the amount.
Click on the play button to complete the transaction.
Moniepoint Nigeria: How to check my transactions on the dashboard?
Tap on the menu icon on the top left corner of the homepage.
Go to the payments auction.
Choose the transactions you want to view.
Filter with the obligatory fields and tap on view.
How to get a moniepoint expense card?
On the homepage, choose an option of a Card available on the dashboard.
After that, tap on the request for card button.
Go for a card that aligns with your needs like for your business or assign the card to a staff member.
You can also give a specific name related to your work nature and enter your preferred delivery information.
Assign a debit account for the expense card funds and pay the fee that is required by paying into your business wallet.
Check all the details and wait for your expense card delivery. It will take up to 48 hours to process.
How to be appointed as a moniepoint agent?
Bump into the official website of moniepoint and sail across to the “Become an agent” section.
Fill up the agent registration form with honest details.
Upload your relevant documents like proof of identity and address.
Once you have entered all the needed information, submit your application and wait reply from the platform.
POS services: Moniepoint Nigeria
Choose your business and request a new POS.
Elect the MP35P smart POS terminal. N21,500 is the total cost.
Enter your delivery address.
Make a minimum payment of N21,500 into your business account.
This way you can get moniepoint POS
Charges on Moniepoint Nigeria
The platform charges N100 for transactions more than N20,000
Airtel charges a 4% fee
2% commission on Go TV
3% commission on MTN
Startime charges a 2% commission.
PHCN charges a 2% commission.
4% commission on Glo
Moniepoint Nigeria Facial ID- For Secured Account
Navigate to your profile and click on settings on the dashboard.
After that, go further and tap on the login options section.
Toggle on “Enable Biometrics” and enable the option of using Face ID by tapping on the OK.
This way, you can easily use a layer of protection on your Moniepoint bank account.
Final words
Through this platform, users can send money, recharge their mobile, bill payments, receive money, and many more. This platform is very popular in Nigeria due to its range of financial services that are aligned with business and individual needs. Through its services, it connects the gap between old-style banking and modern financial solutions. Through its cutting-edge solutions, it has become a prime platform due to its unique innovative solutions. Read More on Moniepoint Login and how to check NIN number.
Frequently Asked Questions (FAQs)
What is Moniepoint Nigeria?
It is a financial technology company based in Nigeria that provides several banking services like payments, loans and financial tools. This tool is very helpful for small and medium-level businesses.
What kind of services does Moniepoint offer?
The platform provides several services like business loans, digital payments, solutions, cash, withdrawals, deposits, POS terminals, etc.
How do sign up on Moniepoint?
First of all, you can register through an online website or mobile app. After that contact an agent of the platform for further guidance.
Who can use moniepoint?
It can be used by individuals, small and medium businesses, retail businesses, and merchants.
How does this platform ensure the security of transactions?
The platform uses strong security measures that contain encryption and authentication. It protects financial data and makes sure that all transactions remain safe.
How to become a moniepoint agent?
First of all, visit the official website. After that go to the application form available on the dashboard. Make sure that you provide the necessary documentation as they ask. After submitting, you need to attend a training which is required. After that get your POS terminal and start doing operation.
How can someone solve the issue of the moniepoint account?
You can solve the issue by visiting the official Customer Care support through helpline or email. Then visit the official website using the support option.
What is the transaction fee for Moniepoint services?
Transaction fees may vary depending on the service. For detailed information, visit Moniepoint’s official website or contact customer support.
How fast are Moniepoint transactions?
The platform offers fast transactions but processing times may vary due to network conditions.
Is Moniepoint regulated?
Yes, Moniepoint is licensed by the Central Bank of Nigeria (CBN). Further, this platform follows regulatory standards that ensure safe operations.
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