Moniepoint POS Agent Sign Up and Registration Form (Apply)

Are you interested in the Moniepoint POS agent sign up and registration form in Nigeria, how to apply and get a machine for business, the USSD code, transaction and withdrawal charges list, and commission structure?

If YES, this article is only what you need to read today.

Getting started…

What is Moniepoint?

Moniepoint is one of the fastest-growing mobile money platforms providing access to financial services.

It uses Point of Sale (POS) machines to make transactions and services like cash transfer, cash withdrawals, bill payments, and airtime recharge.

Currently, it is one of the easiest agency banking to get and use in Nigeria.

Moniepoint POS devices are deployed to agents who have been vetted in a rigorous Know Your Customer (KYC) process.

With the opportunity provided by Moniepoint, you can register today and become an agent in your business location and earn money from the commissions.

Features of Moniepoint POS Machine

  • Accepts card and transfer payments
  • Cash Withdrawal
  • Compatible with all cards
  • Different Transaction Channels
  • Easy-to-use operating system
  • Excellent Customer Support
  • Fund Transfer
  • Good Pricing and Low Commission
  • Instant dispute resolution whenever you need it
  • Instant Payment
  • Long-lasting battery
  • Payment of Utility Bills
  • Reliable Network
  • Secure payments that protect you and your customers

Moniepoint Agent Registration Requirements

Here are the documents required to become a Moniepoint agent:

  • A valid Identification Card (International Passport, NIN, Voters’ Card, or Driver’s License).
  • Bank Account Number.
  • Bank Verification Number
  • Business License (for registered businesses only).
  • Utility Bill (NEPA Bill).

Using Moniepoint POS, you can receive money as payment of goods and services and make payment for goods and services, and all operations are carried out directly from the account you maintained with Moniepoint.

Also, using Moniepoint mobile app, you can pay for bills, sports betting and withdraw cash using point of sale.

On your android phone, download the Moniepoint App on Google Playstore.

Applying for a Moniepoint POS Machine in Nigeria cost ₦21,500.

After you make a request, you can get the Moniepoint POS terminal within 48hrs, depending on your location in Nigeria.

How to Get a Moniepoint POS Machine

Here are the steps to apply and become a Moniepoint POS agent in Nigeria:

1. Create a Business Account and Log in

Provide the required information and a business account will be created for you instantly.

Once done, login to your business dashboard and click on the POS menu.

2. Request a New POS

Click on the Add a new POS button and follow the instructions.

3. Fund your account and pay for the terminal

Fund your newly created Business Account with a minimum of ₦21,500 for the POS Terminal and complete the request.

The ₦21,500 covers a ₦10,000 caution fee, ₦10,000 logistics fee, and ₦1,500 insurance fee for 1 year.

4. Get your POS delivered within 48 hours

You will be instantly assigned a dedicated Relationship Manager from Moniepoint.

The Relationship Manager will deliver the POS terminal to you within 48 hours, train you in how to use the terminal and answer questions you may have.

Moniepoint POS Charges and Commission Structure

These are Moniepoint POS transaction charges:

  • For withdrawals below ₦20,000, Moniepoint charges 0.5% of the transaction amount.
  • For transactions above ₦20,000, Moniepoint charges a flat rate of ₦100.
  • For transfers, Moniepoint charges a flat rate of ₦20.

These are Moniepoint POS commission structure for Data Top Up:

  • MTN = 3% commission
  • Glo = 4% commission
  • 9Mobile = 4.5% commission
  • Airtel = 4% commission

These are Moniepoint POS commission structure for TV Subscription:

  • DSTv = 2% commission
  • GOTv = 2% commission
  • PHCN = 2% commission
  • StarTimes = 2% commission

Moniepoint POS Usage Rules

  • At least 4 daily deposits.
  • Minimum of doing ₦80,000 daily withdrawal value (which differs with location).
  • You will get 50% cashback of the ₦20,000 paid during registration if an aggregator has any cause to withdraw your POS device within a year of issuance.

How do I solve the transaction exceed the daily transaction limit?

If you get this message, “the transaction exceeds the daily transaction limit”, this simply means your daily limit is reached.

So, wait for 24 hours for the system to allow you to carry out transaction or you can decide to upgrade your account on your login dashboard area from KYC level 1 to business level.

Moniepoint is legit and licensed by the Central Bank of Nigeria (CBN).

They have several high-level licenses that include the MMO license, which allow them to carry out agency banking services.

If a transaction is not executed and your account got debited, such a transaction will be reversed and your account is credited.

Moniepoint Agent Sign Up and Registration Form

To get Moniepoint POS machine as an agent, sign up on their website.

After that, you’ll be contacted within a few days. Alternatively, you can visit any of their offices to request for it.

Moniepoint Contact

For Moniepoint device issues and inquiries as an agent, call +234 1 888 9990, or email

Moniepoint office is at 12, Wole Ariyo Street, Lekki Phase 1, Lagos, Nigeria.

Final Words

Moniepoint is one of the best mobile money platforms, as they offer better rate to their agents compared to most banks in Nigeria.

With Moniepoint, you can become a mobile money agent in any location providing essential monetary services like cash transfer and withdrawal or even airtime top up with various network service providers.

So, apply and get your Moniepoint POS terminal today.

Before application, ensure to have a business location for your request to be taken into consideration.

Good luck!

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Saint Chinedu

My GOAL is to equip you with the right strategy and working information to improve your academic performance, financial situation, and health this month.


    1. If you’re still interested on getting the Moniepoint pos terminal, you can also message me via whatsapp on 09062746441 or call me on 09132846017 for onboard you

    1. Hi have you gotten your Moniepoint pos terminal as requested?
      You can also message me via whatsapp on 09062746441 or call me on 09132846017 to placed your order and delivery is made nationwide.

    1. No because it’s advisable you get the Moniepoint mobile app from the Playstore which enable you to traced and access some features


  1. This Moniepoint is as useless as, I regret getting a pos from them.
    For a week now way to link the terminal is just lying here no good customer service to attain to one.

  2. Good information but there is no request for pos on their platform after you have signed up. i think they should include it.

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