- What is Moniepoint?
Moniepoint is a licensed microfinance bank in Nigeria that provides POS terminals, business banking solutions, transfers, payments, and business loans for agents and SMEs.
- How can I get a Moniepoint POS terminal?
You can get a Moniepoint POS terminal by applying through PosNigerianG. Once your details are verified and approved, your POS terminal will be deployed within 24–48 hours in most locations.
- Who is eligible for a Moniepoint POS?
POS terminals are available for:
POS agents
Retail shop owners
Supermarkets
Restaurants & bars
Pharmacies
Small and medium-scale businesses
- Is there a fee to get a Moniepoint POS?
Yes, there may be a one-time onboarding or commitment fee depending on current Moniepoint policy. Contact PosNigerianG for the latest requirements.
- What transactions can I perform on Moniepoint POS?
You can perform:
Cash withdrawals
Fund transfers
Balance inquiry
Bill payments
Airtime & data sales
- What is the transaction success rate of Moniepoint POS?
Moniepoint POS is known for a high transaction success rate and minimal downtime compared to many other POS providers in Nigeria.
- How much commission do Moniepoint POS agents earn
Commission varies based on transaction volume and type. Higher transaction volumes attract better earnings over time.
- Does Moniepoint offer business loans?
Yes. Moniepoint offers business loans to eligible merchants based on POS transaction history, consistency, and business performance
- Is collateral required for Moniepoint loans?
Most Moniepoint loans do not require collateral. Loan eligibility is based on your POS usage and transaction record
- How long does it take to get a Moniepoint loan?
Loan offers are usually pre-approved. Once accepted, funds are often disbursed within 24 hours.
- What is Moniebook?
Moniebook is a digital record-keeping tool that helps business owners track sales, expenses, and profits, improving financial management and loan eligibility.
- Can Moniebook increase my chances of getting a loan?
Yes. Keeping accurate records with Moniebook helps demonstrate business performance, which can improve loan eligibility.
- What should I do if my POS has issues?
Contact PosNigerianG customer support or Moniepoint support immediately for assistance, troubleshooting, or replacement if necessary.
- Is Moniepoint safe and licensed?
Yes. Moniepoint is licensed by the Central Bank of Nigeria (CBN) and operates under strict financial regulations.
- How can I contact PosNigerianG?
You can reach us via phone, WhatsApp, or email through the Contact Us page on our website.
We are always ready to assist you.