How to Get Moniepoint POS Machine, Charges, Price, Daily Target

Have you read this ultimate guide on How to Get Moniepoint POS Machine, Charges, Price, Daily Target?

Moniepoint is a leading fintech company in Nigeria that offers various digital financial services, such as cash withdrawals, deposits, transfers, bill payments, and airtime top-ups. 

It operates through a network of agents who use Moniepoint POS machines to perform transactions on behalf of customers. 

Moniepoint POS machines are portable electronic devices that enable secure and convenient digital transactions. 

They are compatible with all cards and accept both card and transfer payments.

If you are interested in becoming a Moniepoint agent and would like to know How to Get Moniepoint POS Machine, Charges, Price, Daily Target, this blog post is for you. 

Moniepoint POS Benefits and Features

The following are the features and benefits of using Moniepoint POS 

• Secure and reliable transactions that protect you and your customers from fraud and network issues.
• Easy and user-friendly interface that allows you to perform transactions with ease and speed.
• Instant settlement and dispute resolution ensure you get your money and commissions as soon as possible and without any hassle.
• A long-lasting battery and durable design enable you to use the POS machine for long hours and in any condition.
• Customer support and feedback that provide you with assistance and guidance whenever you need it.

How to Get Moniepoint POS Machine

To get a Moniepoint POS machine, you need to follow these steps:

• Download the Moniepoint app from the Google Play Store or Apple App Store and sign up with your real details.
• Fund your Moniepoint account with N21,500, which is the cost of the POS machine.
• Request a POS machine from the app by selecting the business you want to use it for and uploading the required documents, such as your ID card, utility bill, and business registration certificate (if applicable).
• Wait for Moniepoint to review and approve your request. This may take up to 48 hours.
• Once approved, you will receive a confirmation message and a tracking number for your POS machine delivery.
• Receive your POS machine and activate it by following the instructions on the app.

Moniepoint POS Charges

Moniepoint POS charges are as follows:

• For card withdrawals, Moniepoint charges 0.65% of the transaction amount, with a minimum of N100 and a maximum of N2,000. 

You will earn a commission of 0.2% of the transaction amount, with a minimum of N35 and a maximum of N1,000.

• For card deposits, Moniepoint charges 0.5% of the transaction amount, with a minimum of N50 and a maximum of N1,500. 

You will earn a commission of 0.15% of the transaction amount, with a minimum of N25 and a maximum of N750.

• For transfers, Moniepoint charges N10 per transaction, regardless of the amount. You will earn a commission of N5 per transaction.
• For bill payments, Moniepoint charges N50 per transaction, regardless of the amount. You will earn a commission of N25 per transaction.
• For airtime top-ups, Moniepoint charges N0 per transaction, regardless of the amount. You will earn a commission of 2% of the transaction amount.

Moniepoint POS Price

Moniepoint’s POS price is N21,500, which is one of the most affordable and durable POS machines in Nigeria. 

You can pay for the POS machine in installments or in full, depending on your preference. 

However, you need to fund your Moniepoint account with the full amount before you can request a POS machine.

Moniepoint POS Daily Target

Moniepoint POS daily target is N50,000, which means you need to perform transactions worth at least N50,000 per day to avoid any penalty. 

If you fail to meet the daily target, Moniepoint may charge you N500 per day as a penalty fee. 

However, if you exceed the daily target, Moniepoint may reward you with bonuses and incentives.

Final Thoughts on How to Get Moniepoint POS Machine, Charges, Price, Daily Target

Moniepoint POS machine is a great device that can help you grow your business and income by providing digital financial services to your customers. 

When you get a Moniepoint POS machine, you can enjoy the benefits and features of Moniepoint’s network and platform, such as security, convenience, commission, and support. 

To get a Moniepoint POS machine, you need to download the Moniepoint app, fund your account, request a POS machine, and activate it. 

You also need to know the Moniepoint POS charges, price, and daily target, and follow them accordingly. 

If you have any questions or issues about Moniepoint POS machine, you can contact Moniepoint’s customer care service through their app, phone, email, or social media pages

We hope this guide on How to Get Moniepoint POS Machine, Charges, Price, Daily Target is helpful. 

FAQs about how to get Moniepoint POS Machine, Charges, Price, Daily Target

How much does a Moniepoint POS machine cost?

AMoniepoint POS machine costs N21,500, which is one of the most affordable and durable POS machines in Nigeria. 

You can pay for the POS machine in installments or in full, depending on your preference. 

However, you need to fund your Moniepoint account with the full amount before you can request a POS machine.

How can I get a Moniepoint POS machine?

To get a Moniepoint POS machine, you need to download the Moniepoint app, sign up with your real details, fund your account, request a POS machine, and activate it. 

You also need to upload some documents, such as your ID card, utility bill, and business registration certificate (if applicable), to verify your identity and business.

What are the charges and commissions for using a Moniepoint POS machine?

Moniepoint charges and commissions vary depending on the type and amount of transaction. 

For card withdrawals, Moniepoint charges 0.65% of the transaction amount, with a minimum of N100 and a maximum of N2,000. 

You will earn a commission of 0.2% of the transaction amount, with a minimum of N35 and a maximum of N1,000. 

For card deposits, Moniepoint charges 0.5% of the transaction amount, with a minimum of N50 and a maximum of N1,500. 

You will earn a commission of 0.15% of the transaction amount, with a minimum of N25 and a maximum of N750. For transfers, Moniepoint charges N10 per transaction, regardless of the amount. 

You will earn a commission of N5 per transaction. 

For bill payments, Moniepoint charges N50 per transaction, regardless of the amount. You will earn a commission of N25 per transaction. 

For airtime top-ups, Moniepoint charges N0 per transaction, regardless of the amount. 

You will earn a commission of 2% of the transaction amount.

What is the daily target for using the Moniepoint POS machine?

The daily target for using the Moniepoint POS machine is N50,000, which means you need to perform transactions worth at least N50,000 per day to avoid any penalty. 

If you fail to meet the daily target, Moniepoint may charge you N500 per day as a penalty fee. 

However, if you exceed the daily target, Moniepoint may reward you with bonuses and incentives.