Moniepoint POS Review (2022): All you need to know

Moniepoint POS offers a transaction channel platform that allows you to do numerous transactions while on the move. This entails mobile applications, POS, and SmartPOS, all of which benefit both consumers and Moniepoint agents.

moniepoint POS
moniepoint POS

A POS business is among the simplest kind of business to start since it requires little to no cash, and it is also one of the most profitable. Moniepoint POS is one of the top tier POS service providers today, offering one of the best services for on-the-go transactions.

About moniepoint POS

Moniepoint POS is a company that specializes in point-of-sale

Moniepoint is one of Nigeria’s fastest-growing and most dependable mobile money services. Essentially, Moniepoint allows you to benefit from financial operations like as transfers, withdrawals, airtime purchases, and more.

Furthermore, the organization has one of the greatest networks in town, so the problem of “no network,” which plagues many POS centers, will be a thing of the past for you.

We’ll go through how to become a Moniepoint POS agent in this article because many people find it challenging. We’d also go over the appropriate commissions that come with becoming an agent, as well as other important information. Read also: How to start a POS business in Nigeria

Moniepoint pos – How to become Agent and get POS

Obtaining a Moniepoint machine is as simple as calling the company’s nearest office. As soon as you arrive at the office, an agent will walk you through the registration process and the actions you need to take to be successful. Also, bear in mind that the machine costs around N25,000, which is less than other service providers’ POS devices.

Also, you should only apply for Moniepoint POS equipment at a center that has been approved. You may also learn more about how to obtain a point-of-sale equipment for your company.

To become a Moniepoint POS agent, you must complete the following steps:

Visit https://moniepoint.com/ for more information.
Fill out the Moniepoint agent registration form and submit it.
After 48 hours of registration, a representative will contact you to confirm your email address and phone number.
The agent would instruct you on what you need to do and then validate your status as an agent.
Finally, to administer your account, go to the Moniepoint POS dashboard.

What documents do I need to become a Moniepoint POS agent?

To become a Moniepoint agent, what documentation do I need?

They require the following information during the registration procedure to become an agent:

A legally recognized business license
Your bank’s verification number (BVN)
PHCN bill
Number of your bank account
Identity card, which might be a national identification card, a voter identification card, or any other nationally approved card

Moniepoint POS login

To access your Moniepoint POS dashboard after registering, simply follow the steps below:

Go to the Google Play Store and download the Moniepoint app.
Use the Moniepoint app to log in to your account.
To access their official website using your phone’s browser, go to their official website.
As an agent, you’ll be able to conduct deals without a hitch from then on.

Moniepoint transaction charges

Moniepoint’s transaction fees are extremely low, if not the lowest, when compared to other POS facilitators. In other words, unlike other POS services, the prices are dependent on the number of transactions you do, not on the bank. All banks in Nigeria are subject to a set fee of N20.

Moniepoint POS Mobile application

Moniepoint is a mobile application that aims to make financial transactions as simple as possible. However, you may use the POS terminal in the Moniepoint mobile app to make payments using your Moniepoint account.

Transfers, withdrawals, and other tasks are all made much easier using the app, and if there is an issue, you can quickly make a complaint through the app as well. The Moniepoint staff would call the bank involved and request that the monies be reversed, making things easier.

Additionally, the fee for withdrawing up to N4,000 is just N6.2, albeit it rises as the amount withdrawn rises. Apart from that, unlike many other POS service providers, Moniepoint does not collect any additional bank fees.

How to solve Moniepoint transaction limits

For individuals who haven’t upgraded to a business level, Moniepoint has established a transaction restriction. Essentially, you may receive an error indicating that “the transaction exceeds the daily transaction limit” since you have reached the maximum amount of money you may send at the preset setting (KYC level 1).

As a result, all you have to do at that moment is upgrade your KYC level to business, and the limit will be lifted. To upgrade to the KYC business level, follow the steps below:

Log onto your Moniepoint account and go to the KYC section.
Go to your dashboard, pick settings from the menu, then scroll down.
Select upgrade from the drop-down option, and that’s all there is to it.

You may also contact the staff if you have any issues with the upgrade.

How can I contact Moniepoint POS?

You can contact the company through any of the following means:

Office Address: 2 Wole Ariyo St, Lekki Phase 1, Lagos, Nigeria.

Email: support@moniepoint.com

Facebook: https://web.facebook.com/Moniepoint/

Instagram: https://www.instagram.com/moniepoint/

Twitter: https://twitter.com/moniepoint

Conclusion

Moniepoint continues to be one of the most popular POS systems in Nigeria. Essentially, this is due to their excellent network coverage and reasonable pricing. After registering, you may immediately begin to reap the benefits of having an agent.

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