How to Get MoniePoint POS Machine in Nigeria -

How to Get MoniePoint POS Machine in Nigeria

Sodiq J. Sodiq J.
March 17, 2023
How to Get MoniePoint POS Machine in Nigeria
How to Get MoniePoint POS Machine in Nigeria

Are you starting a business in Nigeria and want to accept credit card payments from your customers? With the emergence of digital payment systems, it's become essential to have a point-of-sale machine in place. But how do you get one? Don't fret, as this article will discuss how to get the MoniePoint POS machine in Nigeria.

Nowadays, digital payments are becoming increasingly popular in large businesses and SMEs. In some cases, you must have a point-of-sale (POS) machine or card reader if you accept credit cards as payment. With the availability of reliable POS providers in Nigeria, getting a POS machine is no longer too difficult. However, certain factors still need to be considered before making a purchase.

If you want to buy a MoniePoint POS machine for your business in Nigeria, this article will guide you through the process. Read on to learn all the necessary steps to get and set up your Moinepoint POS machine!

What is MoniePoint?

Moniepoint is a famous mobile money platform in Nigeria due to its speed and reliability. It allows users to carry out financial transactions such as transfers, withdrawals, airtime purchases, and more at a profit. The company also boasts of one of the best networks in town, so you don't have to worry about "no network" issues.

Tosin Eniolorunda founded Moniepoint to provide last-mile banking service delivery and promote financial inclusion for African businesses. Becoming a Moniepoint POS agent can be difficult for some people, but it doesn't have to be. All you need to do is register on the website and fill out all the necessary forms.

Once your application has been approved, you will receive an email with instructions on setting up your account and using the platform. You will also get access to training materials that will help you understand how Moniepoint works and how you can maximize your profits as an agent.

How Much Do You Need to Get MoniePoint POS Terminal?

In Nigeria, it costs N30,000 to get a Moniepoint POS machine. This fee covers the cost of the hardware and software required to set up the machine, as well as any associated fees, such as installation costs.

The cost also includes training for staff on how to use the machine and any necessary maintenance or repairs that may be needed over time. However, this fee does not include any additional fees that may be charged by banks or other financial institutions when processing payments through the machine.

Documents to Become a MoniePoint Agent

To get started, you will need to have certain documents in order. First, you will need a valid business license in your area. This license will prove that you can legally operate as an agent. Also, you will need your bank verification number (BVN) for identity verification purposes.

You must provide a house PHCN bill which shows proof of address. Then, you must provide your bank account number to deposit payments. Lastly, don't forget to go with your National ID or Voters card for further identification purposes.

Once Moniepoint has provided and verified all the necessary documents, the registration process can begin, and you can start providing services as an agent. It’s important to ensure that all the documents are up-to-date and accurate before submitting them. Any discrepancies may lead to delays in the registration process or even the rejection of your application altogether.

With all these documents, becoming a Moniepoint POS agent should be relatively straightforward and hassle-free!

MoniePoint POS Daily Target

As a Moniepoint agent, your goal should be to complete daily transactions totaling N70,000. This target is set to ensure that your service is of the highest quality and that customers are satisfied with their experience.

By the end of the month, agents who have met or passed their targets will receive bonuses and rewards. This is a great incentive to keep agents motivated and ensure they provide the best service possible.

MoniePoint Commission

Moniepoint agents receive a commission for every transaction they process. The commission flat rate is determined by the type of transaction and can range from 0.5% to 5%. Agents also have the option to set their commission rates depending on the type of service they are offering.

For transactions of N20,000 or more, the flat fee from Moniepoint is N100 (though these fees may be subject to change). However, Moniepoint POS has a uniform fee of N20 for money transfers.

Also, you can earn a commission when you buy airtime or pay for TV subscriptions or electricity bills for customers. GOTV, DSTV, PHCN, and STARTIMES charge a 2% commission for TV subscriptions. But for network providers, MTN charges 3%, while Glo offers 4%, Etisalat 4.5%, and Airtel 4%.

These commissions are a great way to make money as an agent of Moniepoint. You can easily earn extra income by helping customers purchase airtime, pay for their TV subscriptions, or pay their electricity bills. 

How to Contact MoniePoint POS Customer Care Number

If you have any issues with Moniepoint, there are various ways to contact their customer support team. The most convenient way to get in touch is through their 24/7 customer service line, which can be reached at 08141500017, 09093170000, or 09030009613. Alternatively, you can email them directly at, and they will respond as soon as possible.

Moniepoint also has a presence on social media platforms such as Facebook, Twitter, and Instagram. You can reach out to them on these platforms for assistance with any queries or problems.

Following these accounts can help you stay up-to-date with the latest news and updates from Moniepoint and get help quickly if needed.

MoniePoint POS Agent Registration Form

The Moniepoint POS agent registration form can be found on their website. This form requires that you submit your name, address, phone number, and email address.

moniepoint registeration

You will also need to upload a copy of your valid ID card and proof of residence. Once the form is filled out and submitted, Moniepoint will review it and contact you if there are any further requirements or documents.

How to Get MoniePoint POS in Abuja

If you are based in Abuja, you can get a Moniepoint POS machine by visiting their office at No 22, Ajase Street, Wuse 2, Abuja Municipal Area Council. The process is the same everywhere else in Nigeria.

How to Get MoniePoint POS in PortHarcourt

If you are based in PortHarcourt, you can get a Moniepoint POS machine by visiting their office at Oklen Suites. N0 1 Evo Road, GRA phase 2, Port Harcourt. You must complete the Moniepoint POS agent registration form and submit it with a valid ID card and proof of residence.

How to Get MoniePoint POS in Ibadan

If you are based in Ibadan, you can get a Moniepoint POS machine by visiting their office at 42 Keneth Dike way, Secretariat Rd, OGC building, Favos junction, Bodija Ibadan. You must complete the Moniepoint POS agent registration form and submit it with a valid ID card and proof of residence. Once your application is approved, you can pick up your POS machine.

Does MoniePoint Have a Mobile App?

How to Get MoniePoint POS Machine in Nigeria

Yes, MoniePoint has a mobile app that can be used to manage your POS machine. The app is available for Android and iOS devices and can be downloaded from the Google Play Store or Apple App Store.

Moniepoint is an innovative financial platform that provides users with various services, such as money transfers, payments, and investments. To make these services more accessible to its customers, Moniepoint has developed an app for both Android and iOS devices. The app allows users to manage their finances on the go, making it easier to stay on top of their finances.

 It offers a simple and intuitive interface that makes navigating the various features easy. Users can easily transfer money between accounts, pay bills, invest in stocks and other assets, and even access customer support from within the app.

Also, the app includes security features such as two-factor authentication and encryption technology to keep user data safe and secure. With all these features combined into one convenient package, Moniepoint's app makes managing your finances easier.

How to Fund the MoniePoint Wallet

Funding your Moniepoint wallet is a simple and secure process. To get started, sign in to your Moniepoint account and navigate the Wallet section. From there, tap on the Fund Wallet option and follow the instructions. You will need to transfer to the specified account for your wallet to be funded.

Once you have completed this step, you must log a Service Request with proof of payment so Moniepoint can verify the transaction. Alternatively, you can contact their support team via Whatsapp or phone with proof of payment.


Moniepoint is a great way to make money as an agent in Nigeria. You can earn commissions for every transaction you process and bonuses and rewards if you meet or exceed your targets. Also, the Moniepoint POS machine is easy to set up and use, and their customer service team is always available to help with any queries or issues.

Blog authors

Sodiq J.
Sodiq J.
successful businesses start with small steps but big ideas and I find great pleasure in putting into context and wordings profitable and feasible business ideas and agricultural practices in nigeria