Moniepoint Signup and Registration: How to Open an Account with Moniepoint, How To Use Moniepoint App for Payments, Sending and Receiving Money.
Moniepoint Signup And Registration: Moniepoint is one of the fintechs banks that have come to stay in Nigeria. They have a whole lot of services which any individual even dealing with other traditional banks wouldn’t need to ignore. They are serving and always on point for clients/customers arrray of Financial needs.
In this guide I’ll walk you through on Moniepoint Signup and Registeration. How to open an account with Moniepoint and how to use Moniepoint App for Payments, sending and receiving of money.
As I proceed you will need to know what Moniepoint is first.
What Is Moniepoint?
Moniepoint as the name implies means money on the point. Moniepoint is simply a mobile money platform that allows clients/customers to carry out various financial transaction which includes sending/ transfers and receiving of money, payments of utility bills, funding of Bet accounts, top up of Airtime, purchase of Data bundles and so on.
Actually, Moniepoint is one of the leading and fastest growing Fintech bank in Nigeria. This is as a result of their ease of transaction, fast network, strong security and reliability.
Benefits Of Using Moniepoint
The benefits of using Moniepoint abounds and a few is listed below;
Moniepoint as the case maybe is very convinent to use. You can actually do some things all by yourself without waiting for anyone or visiting a physical structure of a bank.
Some of the things can be done from the comfort of your home, office, shop or anywhere.
One beautiful thing about Moniepoint is their low cost of service charge.
They charge very low fees on transactions when compared to others.
People who do POS Business often opt for them for there competitive cost charges.
Moniepoint is secured. They don’t share your information with a third party.
And uses a state of the art security measures to protect your account.
They are very reliable and dependable. A huge customer base are enjoying their services. As one of the fastest growing Fintech bank in Nigeria they have over five hundred thousand and above (500k+) downloads in Google play store.
Requirements To Open A Moniepoint Mobile App Account.
The above listed are things you will need just like other banks, to open a Moniepoint mobile account.
•Names as in your BVN- Bank Verification Number.
•A working Phone Number.
•Valid Email address.
• A clear selfie.
• Means of Identification- national ID card, international passport- If you want to upgrade your account to enjoy high transaction limit.
•Proof Of Address.- Utility Bill, EEDC Bill, House Rent Receipt. Any of this can go- If you want to upgrade your account to enjoy high transaction limit.
And the above listed are the things you need.
How To Open An Account With Moniepoint
To open or create an account with Moniepoint you will have to follow the steps below;
1. Go to google play store or Apple App store and download the Moniepoint mobile App.
2. Then register by supplying the requirements to open the Moniepoint account. This includes your names, phone number, working email, BVN. You will also need to take a selfie, a means of Identification- voters card, national ID card, international passport and a utility bill. This utility bill could be your EEDC bill or house rent receipt.
Just that you will have to upgrade your account for higher cash limit otherwise you can still open, operate the account without ID card and utility bill and upgrade it later.
3. Create a Password and a Security Question with the answer.
4. You will be sent a verification code to your phone and you are expected to verify your account. Input it in the form and verify it.
As soon as you have completed the above process then you have successfully opened a Moniepoint working account.
How To Verify Your Moniepoint Account.
To verify your Moniepoint Account you will need to provide some additional information, and do the below necessary things.
•Just login to your Moniepoint Account.
•Look for the Verify button and click on it.
• Follow the instructions to provide further information such as date of birth, name and address.
• Upload a valid and clear form of identification such as a national ID card or international passport.
• Once you have done the above, then wait for your account to be verified.
And after your account have been verified, then you can enjoy all the features and benefits of Moniepoint include high transaction limits.
How To Fund Your Moniepoint Account.
You can fund your Moniepoint Account through different ways;
1. ATM Transfer
2. Bank Transfer.
3. Debit Card Transfer
4. USSD Transfer.
And to fund your Moniepoint Account through the above ways you will have to follow instructions given by Moniepoint.
How To Use Moniepoint App For Payments, Sending And Receiving Of Money.
You can use Moniepoint account to send, receive and make payments. To carryout any of this transaction you will have to first log in to your Moniepoint app and continue with the transaction.
How To Use Moniepoint App For Payment
• Log into your Moniepoint App
• Select the payment you want to make, be it utility bill, funding of Bet accounts, Cable station subscriptions and so on.
• for utility bills, input your meter number, for bet account, add your bet account user Id, cable subscription put your decoder number.
• then follow the prompt to put the amount of money or a particular subscription amount as the case maybe.
• Confirm your payment and send.
•If transaction is completed then you may need to save or download your receipt. This receipt can also be sent to your registered email address with Moniepoint.
How To Use Moniepoint App To Send Money.
•Log into your Moniepoint Account App
• Go To Send Money/click on send money.
• Input the receivers Account number.
• Select Receivers Bank.
• The name of the Receiver will appear, confirm if it’s correct.
• Input Amount to be sent.
• Add narration- why you are sending the money whether it’s for business services,medical and so on.
•Then click send.
• You will receive notification if the transaction is successful shortly.
How To Use The Moniepoint Account App To Receive Money.
This particular one is very straightforward. This is because when you Signed up to open a Moniepoint account, Moniepoint will issue you account number. This account number is 10 in number otherwise known as the nurban account number.
Just give it to the person that wants to send money to you or pay you for goods and services and wait as you receive alert. It’s as simple as that
Moniepoint Customer Service And Support Team.
If in any way you face challenge in the course of your transaction you can contact
them through the customer support on the Moniepoint mobile app.
Frequently Asked Questions on Moneipiont -FAQs
How Do I Register For Moniepoint?
Fill in your details.
Provide your email and phone number and verify your phone number with an OTP.
To get verified select username & password.
Fund your accounts-top up to start making transactions.
With these you are done.
How Much does Moniepoint POS Cost?
If you need Moniepoint POS, you will need to pay the sum of N21,500. Some agents who have collected from Moniepoint companies do resell the POS at #25000 or a little above.
How long does it take to get a Moniepoint POS terminal?
After you have made a request, you can get the Moniepoint POS terminal within 48hrs.
Which Bank Does Moniepoint Use?
Moniepoint is licensed by the Central Bank of Nigeria. The bank they use is Moniepoint Microfinance Bank.
How Much Is Moniepoint ATM Card?
You need to find your Moniepoint Business Account with a minimum of N1,500 for the ATM Card. The N1,500 covers N1,000 for the card issuance fee, and N500 for the logistics fee. Your ATM card will be delivered to your doorstep.
How Much Does Moniepoint Charge Per #5000.
For withdrawals between N1-N20,000, Moniepoint POS charges only 0.5% of the transaction amount. For transactions above N20,000, Moniepoint charges a flat rate of N100 just know that changes of charges can take effect at any time. For transfers, Moniepoint POS charges a flat rate of N20 for tranfers.
Can I Borrow Money From Moniepoint?
The answer is Yes Moniepoint provide businesses with easy access to flexible loans whenever they need it. Getting credit often isn’t easy for small to medium businesses. That’s why we take the hassle out of the process and make it easy for them to access the loans they need. Just open a Moniepoint account and operate it for three to six months to qualify.
Who Is The Owner Of Moniepoint In Nigeria?
Tosin Eniolorunda is the founder and CEO of Moniepoint Moniepoint is Africa’s second-fastest-growing company in 2023.
Where is Moniepoint Headquarters In Nigeria?
The below are the details of Moniepoint Headquarters in Nigeria.
Nigeria Phone Number: +234 018889990
Email Address :email@example.com
Office Address: Oyo-Ibadan Road,
Idi-Agba, Ilora, Oyo state, Nigeria.
Facebook and Twitter handle and link:
How Do I contact Moniepoint?
For any questions, you can contact Moniepoint at firstname.lastname@example.org
What Is Another Name For Moniepoint Bank App?
TeamApt, a Nigerian fintech company, has shed its name and adopted the name of its flagship product-Moniepoint. So Moniepoint can as well be called TeamApt.
What Is Moniepoint USSD Code For Airtime Purchase?
Moniepoint USSD Code for Airtime Purchase is *888#
Finally, this is the guide on Moniepoint Signup And Registeration, how to open an account with Moniepoint, how to use Moniepoint App for payments, Receiving and Sending Money. You can refer to this guide as an existing or new client/customer of Moniepoint. And can as well refer your friend. There are a whole lot of wonderful experience to enjoy with Moniepoint. Remember a multitude of customers enjoying there services can’t be wrong.