How To Get Moniepoint POS In 2023

What is MoniePoint POS Machine?

Moniepoint POS machines are an invaluable tool for merchants and vendors, who are looking to provide their customers with a seamless payment experience. The device is small and handheld, making it easy to carry around and use in different locations.

It is equipped with a card reader, a receipt printer and a screen for entering transactions, allowing merchants to easily accept both card and digital payments from their customers.

The device is secure, reliable and easy to use, making it the perfect choice for any business looking to process payments quickly and efficiently.

Moniepoint POS machines have become increasingly popular amongst merchants due to their convenience and affordability. They provide an effective way to manage financial transactions in a safe and secure manner, thus providing merchants with peace of mind.

Furthermore, these devices help reduce the risk of fraud and make it easier for businesses to keep track of their financials.

The Moniepoint POS machines are truly an essential tool for any merchant or vendor who wants to provide their customers with an optimal payment experience.

Features of MoniePoint POS Machine

One of the great features of POS devices is their versatility.

  • It can be used to pay for a wide variety of goods and services, including groceries, clothing, and utility bills.
  • Compatible with all major debit and credit cards, as well as digital payment options such as Quickteller and Paga.
  • A smooth transaction is more convenient for merchants and customers.
  • For merchants, the Moniepoint POS dashboard provides real-time sales insights so you can track performance and make informed business decisions.
  • The device also has a built-in printer, allowing merchants to issue receipts to customers on the spot.
  • 24/7 customer support
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Includes out-of-the-box functionality.
  • betting site payment
  • various trading channels
  • Dstv, government and other entertainment platforms.

How much does a Moniepoint POS machine cost?

The good news is that the machine is affordable, with prices starting at just N25,000. This price includes the cost of the device itself plus training and support from the Moniepoint team.

Once paid, the Moniepoint team will ship the device to the address provided and train you on how to use it. It’s as easy as that!

If you’re interested in acquiring Moniepoint POS devices for your business, the process is simple.

First, you need to visit the website at Moniepoint and fill out an application form. You will need to provide some basic information about your business.

  • Your Name, BVN, Date of Birth
  • your email address and phone number
  • secure password
  • The type of business you run.

Once your application has been reviewed and approved, you will receive a confirmation email or his OTP text code with instructions.

Moniepoint transaction fee

Below is a breakdown of Moniepoint POS fees and commission structure.

Transaction Fee:

For withdrawals under ₦20,000, Moniepoint charges 0.5% of the transaction amount.

For payments over ₦20,000, Moniepoint charges ₦100.


Fees to network operators

MTN = 3% Fee

Glo = 4% commission

Airtel = 4% commission

9Mobile = 4.5% commission

TV subscription fee

DSTv = 2% commission

GOTv = 2% commission

StarTimes = 2% commission

Electricity fee

PHCN = 2% commission

Monypoint Office in Lagos

12 Wole Ariyo St, Lagos, NG

Become a moniepoint agent

For traders looking to expand their reach and hire additional agents, Moniepoint offers a variety of agent login options.

These options are designed to provide an easy and secure way for agents to access their Moniepoint platform and perform transactions for the merchant.

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Agents can use the same login credentials for all Moniepoint services, including its payment processing, money transfers, and merchant services.

Agents can also use their credentials to access Moniepoint’s reporting and analytics tools to help them better monitor their performance and make better business decisions.

The security of the login process is also of utmost importance, as agents must be able to trust that their data is safe when using the Moniepoint platform. To ensure this, Moniepoint uses the latest encryption technology to protect its customers’ data.

This provides agents with peace of mind knowing that their personal information is protected while they work on behalf of the merchant.

Moniepoint is committed to providing agents with the best service possible and seeks to make it easier for them to expand their reach and gain access to new markets.

With a variety of agent login options available, Moniepoint provides agents with a secure and reliable way to access their accounts and perform transactions on behalf of the merchant.


Moniepoint POS was founded in 2016 by two young entrepreneurs, Tobi Maduekwe and Kenneth Taylor who are passionate about changing the way businesses operate.

The brand is driven by a team of dedicated professionals who have been working tirelessly to make the task of managing money as easy as possible.

Moniepoint POS has quickly grown to become one of the best and most successful companies in the sector.

Through its dedication to building a solid business foundation, the brand has managed to secure hundreds of clients and establish itself as an industry leader.

The brand has now expanded beyond Lagos and is set to become a global player in the market. Moniepoint plans to build a presence in different countries by identifying suitable markets and establishing an operational base.

The brand also aims at establishing its own branch offices in different countries. As more and more people are getting on board with Moniepoint, the brand’s reach is rapidly expanding.

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