Hello! Do you need Moniepoint POS Machine in your location and you are wondering how to go about it? Don’t worry, we’ll guide you through on how to easily get a POS machine in your state.
Moniepoint Microfinance Bank just like OPay, PalmPay, KippaPay is a definitive bank for small and medium-sized businesses in Nigeria and is regulated by the Central Bank of Nigeria (CBN). Moniepoint MFB was also awarded by the CBN in 2022 as the most inclusive payment platform in the country.
Moniepoint MFB received its license in February 2022 and helps over 800,000 businesses with banking, payments processing, access to loans and business management tools. With these solutions, businesses on the moniepoint platform process about 8 trillion Naira monthly.
Moniepoint MFB operates the largest distribution network for financial services in Nigeria, and over 21 million people use their cards on our POS terminals monthly across every local government in Nigeria.
Headquartered in Oyo, with support offices in 33 states and thousands of business relationship managers directly assigned to each business owner. This demonstrates our commitment to ensuring that businesses on the Moniepoint platform get access to all the help they need to grow their business.
Moniepoint Microfinance Bank is run by a team of veteran bankers and technologists working to provide the most seamless and secure experience for all the businesses on our platform.
How to get your MoniePoint POS
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.
Click Here To Open MoniePoint Account
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 on how to use the terminal and answer any questions you may have.
HOW TO GET MONIEPOINT POS MACHINE (UPDATED GUIDE)
3 Rules to know before getting a Moniepoint POS
If you are wondering how do I get a Moniepoint POS machine, you need to know that before you are allowed to get one, there are 3 important rules you need to know:
- Despite paying for a Moniepoint POS, you don’t own it. Moniepoint leases you the POS, so you don’t have to spend heavy capital to have a terminal for your business.
- Moniepoint cares about your business growth. So we encourage you to process a minimum of N80,000 in transactions daily. If your POS can’t hit this target, it is considered underperforming and you risk it being reassigned.
- Proper handling of a Moniepoint POS doesn’t go without its benefits. If a Moniepoint remains in great condition when it is retrieved, we will reward you with N10,000.
Moniepoint POS Charges and Commission Structure
- Moniepoint charges a flat rate 0.5% of the transaction amount for withdrawals between N1 to N20,000
- They charge a flat rate of N100 for transactions above N20,000
- They charge a flat rate of N20 for transfers
- Moniepoint gives a BOs cashback of up to #20 on withdrawals and #5 on transfers.
- For airtime, they charge 2% for all networks.
- There is no charge placed on bill payments.
Now that you know the rules, let’s help you get your first POS.
To get started;
- First, log in to your business account and select the business you want a POS terminal for.
- On your chosen business’s dashboard, click the POS menu under “Channels”
- Click on the POS menu and then click on Request New POS.
- The Moniepoint signature POS terminal is the MP35P Smart POS terminal. It’s a user-friendly terminal with a touch screen that makes it easy for anyone to use.
- The Moniepoint terminal costs N21,500. N10,000 is the caution fee, N10,000 is the logistics fee, and N1500 is the insurance fee for a whole year.
- Click on the MP35P to move on to the next step.
- Fill in the address where you would like your Moniepoint POS delivered.
- Once done, fund your Business Account with a minimum of ₦21,500 for the POS Terminal and complete the request by making a payment.
- You will be instantly assigned a dedicated Relationship Manager from Moniepoint. Click “Select RM” to see more details about them, The Relationship Manager will deliver the POS terminal to you within 48 hours, train you on how to use the terminal and answer any questions you may have.
Don’t have an account yet? Click here to open a Moniepoint account today and get a Moniepoint POS for your business.
MORE DETAILS
For more details about Moniepoint, all office address near you in Nigeria – read here >>>
How To Get Moniepoint POS Address In Abia – Umuahia – Aba
To get Moniepoint POS machine anywhere in Abia state, kindly go to 3rd-floor slot building, no. 1 ohafia street, Umuahia, Abia state. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Adamawa – Yola
To get Moniepoint POS machine anywhere in Adamawa state, kindly go to Mubi Road Beside First Bank Jimeta. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Akwa Ibom – Uyo
To get Moniepoint POS machine anywhere in Akwa Ibom, kindly go to No 2, Ikot Ekpene Road, Uyo. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Anambra – Awka – Onitsha
How To Get Moniepoint POS Address In Bauchi
To get Moniepoint POS machine anywhere in Bauchi, kindly go to No. 5 Banks Rd, 740222, Bauchi. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Bayelsa – Yenagoa
To get Moniepoint POS machine anywhere in Bayelsa, kindly go to 31 imbi road Amarata Yenagoa Bayelsa state. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Benue – Makurdi
To get Moniepoint POS machine anywhere in Benue, kindly go to 73, Iorcha Ayu Road, Wurukum, Makurdi. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Cross River – Calabar
To get Moniepoint POS machine anywhere in Cross River Calabar, kindly go to 25/27 murtala Muhammad highway, calabar municipal. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Delta – Asabi – Warri – Ughelli
To get Moniepoint POS machine anywhere in Delta state, kindly go to 255 Warri-Patani Road. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Ebonyi – Abakaliki
To get Moniepoint POS machine anywhere in Ebonyi state Abakaliki, kindly go to Express Road, 45 Enugu-Ogoja Rd, opposite Central park, 480101, Abakaliki, Ebonyi – Opposite state (peace) park, international market, Centenary. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Edo – Benin City
To get Moniepoint POS machine anywhere in Edo state – Benin, kindly go to 53 Mission Rd, Use 300102, Benin City. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Ekiti – Ado Ekiti
To get Moniepoint POS machine anywhere in Ekiti state, kindly go to Ago Plaza, Along Oba Aldesannmi way, Ajilosun, Ado-Ekiti, Ekiti state. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Enugu – Nsukka
To get Moniepoint POS machine anywhere in Enugu state, kindly go to 2B O’Connor St, Achara 400102, Enugu. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Gombe
To get Moniepoint POS machine anywhere in Gombe, kindly go to Adamu Fura House, Adjacent Ecobank , Bui Road, Gombe. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Imo – Owerri
To get Moniepoint POS machine anywhere in Imo, Owerri, kindly go to 27 Kagha street, Owerri. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Jigawa – Dutse
To get Moniepoint POS machine anywhere in Jigawa, kindly go to Hadejia LG Maje Road, Nguru Road. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Kaduna – South – North
To get Moniepoint POS machine anywhere in Kaduna south – east, kindly go to No. 16 Muhammadu Buhari Way, adjacent to Bank of Industry, City Centre 802125, Kaduna, Nigeria. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Kano
To get Moniepoint POS machine anywhere in Kano, kindly go to 29 Sokoto RdNassarawa 700213, Kano. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Katsina
To get Moniepoint POS machine anywhere in Katsina, kindly go to Kurfi House No.193 2nd Floor. IBB Way, Katsina. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Kebbi – Birnin Kebbi
How To Get Moniepoint POS Address In Kogi – Lokoja
To get Moniepoint POS machine anywhere in Kogi – Lokoja, kindly go to Obason plaza opposite IDRINANA HOTEL phase 2 Lokoja Kogi State. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Kwara – Ilorin
To get Moniepoint POS machine anywhere in Kwara – Ilorin, kindly go to No. 14, Station road G.R.A , Ilorin. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Lagos – Ikeja
To get Moniepoint POS machine anywhere in Lagos state, kindly go to Blossom J Mall, Km 37 lekki Epe Exp. Ibeju lekki , Lagos (Lagos East 2) – 86 Allen Avenue (Lagos west). Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Nasarawa – Lafia
To get Moniepoint POS machine anywhere in Nasarawa – Lafia, kindly go to Beside presidential lodge off shendam road, Lafia Nassarawa state. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Niger – Minna
To get Moniepoint POS machine anywhere in Niger – Minna, kindly go to Turke house, before FRSC. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Ogun – Abeokuta
To get Moniepoint POS machine anywhere in Ogun – Abeokuta, kindly go to Moyo House, Beside Ibara Police station, Omida, Abeokuta. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Ondo – Akure
To get Moniepoint POS machine anywhere in Ondo – Akure, kindly go to No 40 Suit A,2nd Floor, beside First Baptist Church, Oba-Adesida Road, Akure.. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Osun – Oshogbo
To get Moniepoint POS machine anywhere in Osun state, kindly go to No. 53, Station Road, Ola Adura Plastic Building, Osogbo, Osun State. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Oyo – Ibadan
To get Moniepoint POS machine anywhere in Oyo – Ibadan, kindly go to No. 42, Keneth Dike way, Secretariat Rd, OGC building, Favos junction, Bodija Ibadan. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Plateau – Jos
To get Moniepoint POS machine anywhere in Plateau – Jos, kindly go to No. 5 Bauchi Rd, Jos. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Rivers – Port Harcourt
To get Moniepoint POS machine anywhere in Rivers Port-Harcourt, kindly go to Oklen Suites. N0 1 Evo Road, GRA phase 2, Port Harcourt.. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Sokoto
To get Moniepoint POS machine anywhere in Sokoto, kindly go to Beside Fire Service Station Arkilla lowcost Sokoto state. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Taraba – Jalingo
To get Moniepoint POS machine anywhere in Taraba – Jalingo, kindly go to 2nd floor HANNY’S opposite Jalingo main motor park along Jalingo-Yola road. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Yobe – Damaturu
To get Moniepoint POS machine anywhere in Yobe – Damaturu, kindly go to . Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In Zamfara – Gusau
To get Moniepoint POS machine anywhere in Zamfara – Gusau, kindly go to Trust fund house by U.B.A Kantin Daji, Gusau. Zamfara state. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
How To Get Moniepoint POS Address In FCT – Abuja
To get Moniepoint POS machine anywhere in Abuja – FCT, kindly go to No 22, Ajase Street, Wuse 2, Abuja Municipal Area Council. Once you get there, you can request for a Relationship Manager. He/she thereafter can direct you on necessary steps to take in activating your terminal.
FAQs | Frequently Asked Questions
Question: How much do I pay to get a Moniepoint POS Terminal?
Answer: To get the Moniepoint POS, you pay N21,500.
Question: How long does it take to get a Moniepoint POS terminal?
Answer: After you make a request, you can get the Moniepoint POS terminal within 48hrs.
Question: What cards can I accept on my Moniepoint POS terminal?
Answer: Your POS terminal is compatible with all cards.
Question: Can I accept transfers with my Moniepoint POS terminal?
Answer: Yes, you can.
Question: Do I need special training to use the Moniepoint POS terminal?
Answer: No, but you can always contact customer support if you have any questions.
Question: Can I get more than one Moniepoint POS terminal for my business?
Answer: Yes, they provide multiple terminals for large businesses.
Question: Who can I ask questions about my Moniepoint POS terminal?
Answer: Their customer support team members are always there for you.