Scroll down and click on Accept or Decline. Moniepoint POS is a game-changer for businesses in Nigeria. Click on unsynced transactions. Then purchase it. If this has been done and the Create your Account. Start up a mobile money agent business. if the total volume makes up to N40,000 for that day, you have met your daily target. Check for the transaction and click on it to view. 2. Whatsapp: +234 908 843 0803. Here, you’ll be required to input critical information, including: Customer’s Phone Number: This is vital for notification purposes. This means that it will debit the special purpose account that has been created for this terminal and credit the business’s account with the funds. The next step is to visit the Moniepoint website ( https://moniepoint. Of course to get this efficient POS machine in Nigeria is not free, you will have to pay the sum of ₦21,500. Select 'pending'. Jan 8, 2024 · Updated 6 months ago. Click on the "Withdraw" button. Dec 13, 2023 · Step #1: Open a Moniepoint Account. Enter email and phone number to get started. QuickTeller. 09093170000. 5% per transaction for amounts ranging from ₦1 to ₦20,000. Select username & password. The Moniepoint debit cards can be used at ATMs, PoS terminals, and online transactions. Yes you can swap your POS terminal if it gets faulty. Facebook gives people the power to share and makes the world more open and connected. To reach this goal, you must put in a lot of effort. 3% share of the POS service market and 35,490 POS agents ranked QuickTeller as the fourth company on this list. According to the company, users can make transfers, pay bills and buy airtime using the app. Navigate to the section displaying your savings plans. This course shines a spotlight on terminal challenges, offering guidance and actionable steps to effectively address common issues frequently encountered with Moniepoint Point of Sale terminals. 5. Feel free to contact us if you have any issues or need help completing your verification process at [email protected]. Step #6: Submit. Select the specific plan from which you wish to make a withdrawal. Mar 18, 2022 · How to check your balance on Moniepoint POS (agent balance)i hope you enjoy this video. Click on the transaction you want to view. Mar 28, 2023 · I did a successful transfer, but the beneficiary is yet to get the value. Being able to simply point at the nearest wall when a customer asks for your account number must be a welcome change for any business owner. See also HOW TO START A POS BUSINESS WITH MONIEPOINT. Updated 1 year ago. Feb 23, 2023 · A POS is a versatile tool that offers several benefits to many businesses across Nigeria. POS Terminals. Enter the details of the account for reversal. Jun 13, 2024 · Open your Moniepoint personal or business app and log into your account. We have to work hard every day to learn about your needs and add new features that improve the experience of running your business. Moniepoint POS is also a digital payment platform that allows Agents/merchants to accept payments from customers. Moniepoint POS charges are structured to provide transparency and consistency for agents. Request a New POS. Fast & Secure Transfers You can use either our mobile app or USSD code to transfer money to friends, business partners or family in minutes. if you need further help, please reach out to me on https://bit. Click on the "UPGRADE NOW" button. Start up a mobile money agent business Complete the registration form designed for Moniepoint agents and submit your information. Apr 2, 2023 · POS terminals get blocked after entering the wrong transaction pin repeatedly. Moniepoint Inc. New to Moniepoint? Sign Up Contact Business Relationship Manager @ Moniepoint Business Banking for Moniepoint POS FCT ABUJA, Abuja, Nigeria. Over the 30-day period ending today, the number of installs for the app is approximately 15 thousand. Next. “Moniepoint moving into third gear. Then, they would share their ideas with Mar 28, 2023 · From your Moniepoint dashboard, navigate to payments. Mar 19, 2024 · Deposit Money Banks (DMBs) also have the license to operate as point-of-sale (POS) service providers. I did a card transfer but the beneficiary is yet to receive the value. Remember to point at the wall politely. You will see your current KYC level and the steps required to reach the next level. 5% of the total transaction amount. Features of Mar 15, 2023 · 2022 was a very strong year for us, as we crossed some significant milestones including becoming Nigeria's largest instant payments processor, processing over $100bn in payments. Customers can visit the office to request for their POS machines, ATM cards, loans and carry out other financial transactions. Do not upload expired documents. Mar 11, 2023 · It costs N21500 to get a Moniepoint POS machine. 5% of the transaction value for withdrawals between N1 and N20,000. Call to action. Enter the amount of airtime you want to purchase. How to synchronise your android POS. With a Moniepoint POS you can withdraw and deposit cash, and also make payments with any ATM card. Oct 1, 2023 · Moniepoint offers business loans to help businesses grow and expand. Moniepoint POS terminals are perfect for businesses of all types and sizes. 1: Go to service. 00; Daily Debit Limit: ₦300,000. Step #4: Choose a POS Merchant Service (If Any) Step #5: Upload Those Documents. Moniepoint provides POS terminals to businesses so they can accept payments from customers. Jul 1, 2024 · LinkedIn: Moniepoint Nigeria. Choose a POS terminal that makes business easy for you. I did a successful WAEC payment, but the pin was not generated on the receipt, what do I do? Successful electricity bill yet to reflect on the customer's meter I carried out a successful prepaid bill payment, but the token is not working. Provide your Bank Verification Number (BVN) and KYC details, and start face & ID verification. Jun 14, 2024 · Moniepoint provides 24/7 customer service; You may reach their support team by using the details below. Jun 8, 2024 · Moniepoint POS Charges. Website: www. 3. Fund your newly created Business Account with a minimum of ₦21,500 for the POS Terminal and complete the request. Moniepoint has been a big help to my business. Before we go into the comparison, let’s quickly take a look at the features of the two apps. I did a card transfer but the beneficiary is yet to receive the value I was robbed and found my shop open one fateful morning. 2: Sign in using your current username and password. Moniepoint POS only costs 0. We recommend you review the privacy statements of those third-party websites, as Moniepoint is not responsible for those third parties' privacy or security practices. You can reach Moniepoint by WhatsApp at +2348141500017 or send an email to support@moniepoint. Dec 7, 2022 · The maximum withdrawal via point of sale (PoS) terminals shall be N20,000 daily In compelling circumstances, not exceeding once a month, where cash withdrawals, above the prescribed limits is required for legitimate purposes such as cash withdrawals shall not exceed N5,000,000 and N10,000,000 of individuals and corporate organisations Apr 2, 2023 · Demilade Egbowon. The Moniepoint daily target is the total volume of transactions done both from the POS machine and from the web; whether the transactions are coming from withdrawals, transfers, or from bills payment. 00; Balance Limit Jul 26, 2023 · 2. This course aims to answer frequently asked questions about Mobile point-of-sale devices in relation to their features, different target markets, activation costs, transaction charges, and performance expectations. Step #3: Fill Out the POS Application Form. Feb 27, 2024 · Here’s how you can buy airtime on your Moniepoint POS: Click on the “Airtime” option on the Moniepoint POS terminal. Restart the Terminal and Log into the terminal. May 5, 2023 · Step 2: Visit the Moniepoint website. The money is breakdown into ₦10,000 caution fee, ₦10,000 logistics fee, and ₦1,500 insurance fee for 1 year. Nov 13, 2023 · Once you become a Moniepoint agent, you will have the opportunity to offer a range of services such as product sales and money transfers, which can be a valuable source of additional income. Read also: The Complete List of POS Charges In Nigeria. Mar 30, 2023 · Log on to your Moniepoint dashboard either via the app or web. 00; Single Credit Limit: ₦50,000. If not, you run the risk of losing your Moniepoint POS terminal. How do I synchronise my analogue POS terminal. Sign Up: Create an account with your details, including name, email address, phone number, and password. The Cluster Manager will walk you through the final process I was robbed and found my shop open one fateful morning. Fund your account and pay for the terminal. Provide the required documents, which include your company’s registration certificate Nov 18, 2022 · 4. We give you the money you need to grow your business and pay back quickly so you can reinvest in what matters most. This means that all of Nigeria’s 1. This is How To link your Palmpay POS terminals with your Moniepoint POS charges are based on the amount of transactions made through the terminal. POS Payments Everything you need, right at your fingertips. Oct 21, 2022 · If a business owner chooses to accept it, the POS terminal will make an API call to the Moniepoint front office system that this particular call is to be approved. For withdrawals above ₦20,000, there is a fixed fee of ₦100 per transaction. Mar 30, 2023 · Kindly carry out a synchronisation on your POS terminal by following the steps linked below: How to synchronise your analogue POS. Click on 'POS Transfer' from the menu. These benefits include ; managing their inventory, tracking sales, and generating detailed reports on their business performance. Moniepoint Office Number: 08141500017. For you to become a MoniePoint aggregator, kindly visit the MoniePoint website via this URL (www. Here are the details for each KYC level: KYC Level 1: Single Debit Limit: ₦50,000. Conclusion. Click on 'Pending Transfers. We are the parent company of TeamApt Limited, a Central Bank of Nigeria (CBN) licensed Switch and Processor May 9, 2023 · 1: Launch your Moniepoint Business App. POS terminals can be ordered online and delivered to business within 48 hours. Jan 10, 2023 · Here is an overview of the different charges you can expect: Monthly subscription fee: This is a flat fee that you will be required to pay each month to use the Moniepoint POS system. Dec 20, 2023 · After doing this for a couple of days, he was called to work with Sulaiman, an enterprise architect, on getting the new open-source CBA ready. Click on the 'POS Transfer Account Number' on the Moniepoint App Home page. May 23, 2024 · LinkedIn: Moniepoint Nigeria. Moniepoint POS Machine Price. Nigeria has over 42 million small business owners, and Moniepoint has embedded itself in the transaction process of many of these businesses. Visit the Moniepoint website: In the address bar of your web browser, type in “atm. The agent will provide you with guidance on the necessary procedures. For any withdrawal between N1 and N20,000, Moniepoint charges 0. How To Effectively Reconcile Your Moniepoint Account For CICO's Otherwise Known As POS Agent With these solutions, businesses on the moniepoint platform process about $17 billion monthly. Moniepoint Agent has a content rating "Everyone". Kindly follow the steps below to synchronise your android POS terminal. Apr 22, 2024 · Every Moniepoint merchant and agent is also a member of a WhatsApp group with other agents, so they can discuss problems and share ideas. You can then provide your business name and set up a PIN for managing your account. Pay via bank transfer? Not a problem. POS in Nigeria has come a long way. 466 likes. Join Facebook to connect with MONIEPOINT POS AGENT and others you may know. Moniepoint POS is owned and operated by Digital Settlements Limited, a subsidiary of Access Bank. Username +234. The Moniepoint POS terminal costs N21,500 and can be obtained by placing a request on the Moniepoint website. Mar 20, 2024 · A Moniepoint staff will guide you through the registration process and the necessary steps to successfully become a Moniepoint POS agent. On the dashboard, click on the menu button (the three dash lines) Scroll to the bottom of the screen to view the settings menu. New to Moniepoint? Sign Up The privacy practices of those third parties may differ from those of Moniepoint. I did a successful WAEC payment, but the pin was not generated on the receipt, what do I do? Successful electricity bill yet to reflect on the customer's meter. On this page, you will be required to fill in some details about your business, such as your business name, contact information, and business address. Moniepoint MFB operates the largest distribution network for financial services in Nigeria, and over 33 million people use their cards on our POS terminals monthly across every local government in Nigeria. Common Terminal Errors: Their Meanings and Solutions. Dec 6, 2022 · Learn how to get a Moniepoint POS machine here. So far, Moniepoint has enabled 171,000 businesses process a billion transactions worth over 26 trillion Naira. You can too. Here’s what you need to know: The Moniepoint POS machine costs about N21,500, which is cheaper than most POS Apr 2, 2023 · Updated 1 year ago. Feb 27, 2024 · Then, select the POS menu by clicking on it. Moniepoint pos agent/aggregator. Scroll to the bottom of the transaction and click on 'log reversal'. Sulaiman’s job was to look at the code, and how we could integrate with it. com) and navigate to the “Get a POS” page. Jul 25, 2023 · Both Moniepoint and Monnify began to see rapid growth and adoption. Enter the desired withdrawal amount. com. 00; Daily Credit Limit: ₦300,000. 1/4. Oct 1, 2023 · Once done, login to your business dashboard and click on the POS menu. 09030009613. People often search for: Join us and embark on a journey of financial growth, unlock your full potential and join our community of over 2,000,000 satisfied businesses! Contact us. The amount of this fee will depend on the package you choose. To get your Moniepoint POS device: Go from idea to starting your business in 30 days. Let your customers to pay at the register, checkout line or throughout the store. Without them, business will not be able to function. 4: Restart the terminal after a successful download. Please follow the steps below to unblock your POS. Adamu Fura House, Adjacent Ecobank , Bui Road, Gombe State. Select Admin. Input Amount: Enter the amount you wish to withdraw. com with any questions or concerns. Locate the login section: Once you’re on the Moniepoint agent login page, you’ll see a login section where you can enter your credentials to access your account. Additional disclosures can be found in the resources section of our website. Moniepoint support email: support@moniepoint. Input the phone number to which you want to send the airtime. Kindly follow the steps below to upgrade your terminal app version: Turn on your terminal and ensure that it is connected to the internet. We’ll be glad to help. Helpline: 01 888 9990. moniepoint. As a vivid example, First Bank reported a count of 160,740 POS agents. 9 million PoS agents, a key part of the country’s financial inclusion drive, must now be registered with the Corporate Affairs Commission (CAC) as part of plans to improve transparency and reduce fraud. A 2. Select the business profile you want to access. Phone Number. com) and navigate to the “Become a Partner” section. Barely 2 years after its launch, Moniepoint became Nigeria's leading agency banking solution, processing up to $7 billion in over 120,000,000 transactions monthly. was founded with the vision to create a society where everyone experiences financial happiness. Aug 19, 2023 · As of Friday, the Moniepoint app has seen over 1 million installs on the Google Play Store. Proceed with the transaction. —. Step #8: Get the POS Terminal. This cautionary fee is to make sure the POS machine is safe with you. Once synchronisation is complete, restart the terminal. g. I carried out a successful prepaid bill payment, but the token is not working. +234. Once the update is completed, you would be directed to install the package and then you click on 'next' to complete the process. Do not hesitate to contact us if you have any further questions or require additional information. Before making inroads into the agency banking it is now well known for, the firm was known as TeamApt and built banking infrastructures and Point of Sale (PoS) software for Nigerian May 6, 2024 · Nigeria’s 1. Return the POS machine in good form within one year, and get this cautionary fee back. Businesses that need a POS for these reasons are: Restaurants and fast-food chains. Address: Oyo-Ibadan Road, Idi-Agba, Ilora, Oyo. More than 2 million business customers trust Moniepoint to LinkedIn: Moniepoint Nigeria. Click on the Add a new POS button and follow the instructions. This is the story of how we became market leaders with very little funding within two years. Before this week’s directive, fintechs onboarded agents by taking information like name, physical locations and telephone Dec 12, 2023 · Open the Moniepoint App: Tap on the Moniepoint app icon. Sep 22, 2023 · Every Moniepoint merchant and agent is also a member of a WhatsApp group with other agents, so they can discuss problems and share ideas. After making a request, you can expect to receive the terminal within 48 hours. Jun 16, 2024 · Both Moniepoint Business and Moniepoint Personal accounts have three KYC levels, each with different requirements and transaction limits. It's currently not in the top ranks. Navigate to the POS menu and select “Request New POS” to proceed. 6. Transaction fees: Moniepoint charges a small fee for each transaction that is processed using the Mar 6, 2024 · Step 6: Entering Customer Details. Caleb’s job then was to study the system as a QA and figure out how it worked. Once you finish, make sure to put at least ₦21,500 into your Business Account, for the POS May 8, 2024 · NewsOnline Nigeria reports that the Federal Government through the Corporate Affairs Commission (CAC) has said that Point of Sales (PoS) agents of major fintechs in Nigeria including OPay, Palmpay, and Moniepoint, among others, must have registered their businesses by July 7, 2024. 7: Click on Reset Transaction Pin. May 20, 2022 · Three years after its inception, our flagship product, Moniepoint, has evolved into a full-service business bank. To withdraw from your Flexible Savings, Monielock, or Fixed Deposit plans, follow these steps: Access your Moniepoint account dashboard. May 4, 2023 · The Moniepoint official daily target for all their agents is 40,000 (Withdrawal, Transfer, and bills Inclusive). Digital creator The number of installations for Moniepoint Agent totals 220 thousand. Ask for the “Cluster Manager” and make your request known to them. Confirm your email address and phone number. Contact Business Relationship Manager @ Moniepoint Business Banking for your Payment Systems MONIEPOINT POS AGENT is on Facebook. 6: Click on Security. Select withdrawals. Nov 15, 2022 · To reset your PIN, you need to follow these simple steps. Click on services. Loans are available up to ₦50 million with interest rates capped at 10% per annum. The last update of the app was on October 16, 2021. I needed some money to cover up for the loss, and my business relationship manager mentioned the Moniepoint Loan to me. Moniepoint levies a fixed fee of N100 for transactions over N20,000. Access the security option from the settings to reset the authorization PIN. Every business owner using our products gets a free business bank account to receive payments via bank transfers Jul 1, 2024 · LinkedIn: Moniepoint Nigeria. On the homepage, click on the update. Ensure all edges of uploaded documents are captured within the document’s frame. Get one today . Step #7: Wait for Approval. Kindly avail the beneficiary with the 30-digit session ID on the transaction receipt and advice him/her to contact their bank providing the session ID as the bank might be experiencing a delay in crediting the account of the beneficiary. 12 Things You Need To Know About The Moniepoint MPOS. Search for the transaction you want to log for reversal. , MTN) for the airtime purchase. But as a starting point, consider the following list of Moniepoint POS commissions and fees. 8: Enter your current pin. Moniepoint Number: 08141500017. Moniepoint provides businesses with access to mobile business banking solutions that enables them to create their own business bank account, accept online and offline payments, purchase airtime, pay utility bills, request expense cards, and qualify for business loans. I was robbed and found my shop open one fateful morning. 3: Select your account. May 6, 2024 · The news: Reports indicate that point-of-sale (PoS) operators must now register with the Corporate Affairs Commission (CAC) following a new directive by the federal government of Nigeria to reduce fraud and encourage transparency. Upload scanned images of only original documents (not photocopies). May 28, 2024 · How Much Is Moniepoint POS Machine In Nigeria. Kindly reach out to your business relationship manager to have your POS swapped. By registering with Moniepoint, submitting the required documents, and going through the login process, you can join the ranks of official agents. After that fill out the application form by providing all the necessary and required details. Before you can apply for Moniepoint POS you need to know how much it cost. Reliable Agency Banking Join the most reliable and fastest-growing mobile money platform Upgrade your business and earn more With Moniepoint you can make money by becoming a mobile money agent Aug 10, 2022 · It’s not enough for Moniepoint to have a POS that is popular across Nigeria for delivering the most reliable network to transfer money, accept payments and pay bills. For withdrawals, the charges are typically 0. Allow 24-48 business hours for feedback. Select Withdrawal: The first option you’ll notice is ‘Withdrawal’. Once you have a business account, you can proceed with the application process for the POS machine. We also obtained a microfinance banking license from the Central Bank of Nigeria (“CBN”), allowing us to offer a full suite of banking services including accepting Dec 21, 2023 · This privacy policy (“Policy”) applies to the website (s) and mobile application (s) (hereinafter referred to as, the "Sites") provided by Moniepoint Microfinance Bank Limited (“Moniepoint MFB”, “we”, “us”, “our”) , and other products/services of Moniepoint MFB . This is so as to prevent unauthorised access to the POS. Kindly input your PIN. Supermarkets. Within 48 hours of registration, an agent from MoniePoint will contact you. As of now, the app remains unrated. Its partner product, Monnify, hit a milestone of over $22 million daily in 500,000 transactions. Ensure the POS terminal is turned on; Log on to your Moniepoint dashboard via the app or web and sign into the business account linked to the blocked POS terminal. Feb 28, 2024 · February 28, 2024. Email Address. Moniepoint Gombe Of f ice. Who is my Business Relationship Manager. Mar 28, 2023 · I did a successful WAEC payment, but the pin was not generated on the receipt, what do I do? Successful electricity bill yet to reflect on the customer's meter I carried out a successful prepaid bill payment, but the token is not working. Provide the address where you’d prefer to have your Moniepoint POS delivered. What is Moniepoint POS. Get verified. 1,529 likes. Our committed support team is prepared to assist you. Customer’s Account Number: Upon entering this, the bank associated with the transaction should automatically load. Go to any Moniepoint offices near you. 4. Join the DreamMakers. Kindly follow the steps below to download keys to your POS terminal. 2: Select key download (No 3) 3: Download keys. Entering the Withdrawal Amount. I needed it, and they gave me. My POS terminal was stolen, Please help me! . Need a business loan? Moniepoint offer a variety of loans for businesses of all sizes and stages. com” and press Enter or Return to navigate to the Moniepoint agent login page. Step #2: Login and Apply. Moniepoint provides an all-in-one payments, banking and operations platform for businesses and their customers. Click on it. Login to Moniepoint . Apr 27, 2024 · To start the application process: Download the Moniepoint App: Get the Moniepoint app from the Google Play Store or Apple App Store. You can now print out the account details for your POS and paste them on any wall in your establishment. Moniepoint Pos Lagos Branch, Lagos, Nigeria. Moniepoint POS Charges. Apply now and get the funding you need to grow your business! We power their dreams by providing them with equal access to the tools they need to grow and experience financial happiness. Scroll down to review and click on 'Accept' or 'Decline'. 9 million PoS agents, who intend to continue doing business in the country Mar 28, 2024 · Every Moniepoint agent has a daily transaction target of N20,000 as of 2024. Next . I did a card transfer but the beneficiary is yet to receive the value Mar 30, 2023 · Updated 1 year ago. We provide POS terminals that small and large businesses rely on to; accept payments from their customers via cards, print receipts for bank transfers, and track payments from walk-in customers. Tap on the 'App Market'. Then enter your new desired new pin. Thousands of people are building impactful businesses because of the work we do at Moniepoint. The Registrar-General of the CAC, Hussaini Magaji, who Mar 30, 2023 · When I decline a POS transfer request, where does the money go? Kindly note that when a POS transfer is declined, the money is reversed back to the account of the sender. ly/Ch Jul 1, 2024 · About this app. To proceed to the next step, simply click on the MP35P. 1,970 likes · 1 talking about this. This Policy discloses our data protection practices on our May 25, 2024 · The Moniepoint office in Gombe is open every Mondays to Fridays from 8am to 5pm. Within the Moniepoint Business Banking app you can create your business bank account in minutes, receive or send money instantly, buy airtime, pay bills and request expense cards & POS terminals in less than 48h, on top of working capital loans for your convenience. My POS Terminal got blocked, please help me. Reliable Agency Banking Join the most reliable and fastest-growing mobile money platform Upgrade your business and earn more With Moniepoint you can make money by becoming a mobile money agent How to download keys on analog POS terminal. Mar 30, 2023 · Updated 1 year ago. The ₦21,500 covers a ₦10,000 caution fee, ₦10,000 logistics fee, and ₦1,500 insurance fee for 1 year. How do I view pending POS transfer Jun 29, 2022 · After registering online as an Agent, the next thing is to get the Moniepoint POS device. 4: Click on the 3 triple bars. On the dashboard, locate and click on the menu icon in the top left corner. Apply for a loan. 5: Click on the setting icon. Select the network provider (e. How can I view POS transfer requests on my POS terminal to accept or decline? How do I synchronise my android POS terminal. Proceed: Click the green button or tap on the screen to continue. Your business is ready for the next level. eb in am ns ki mw rb ej dg gq