Moniepoint Signup and Registration: How To Open Moniepoint Account, How to Make Payments (Send and Receive Money) With Moniepoint App

In a world where digital transactions have become the norm, having a reliable and convenient platform for making payments and managing your money is essential. With Moniepoint, opening an account and enjoying seamless payment solutions have never been easier. Whether you need to make payments to merchants, send money to loved ones, or receive funds, Moniepoint has got you covered. This comprehensive guide will take you through the process of opening a Moniepoint account and utilizing their app to effortlessly handle your financial transactions.

Moniepoint Signup and Registration: How To Open Moniepoint Account

Opening a Moniepoint account is a simple and straightforward process that allows you to access various financial services offered by Moniepoint. Whether you want to make payments, send or receive money, or even access loans, having a Moniepoint account is essential. Here is a comprehensive guide on how to open a Moniepoint account:

  • Visit the Moniepoint Website: Start by visiting the official Moniepoint website. The website provides you with all the necessary information about Moniepoint's services and features.

  • Click on "Sign Up" or "Register": Look for the "Sign Up" or "Register" button on the website's homepage and click on it. This will initiate the account registration process.

  • Fill in the Registration Form: You will be directed to a registration form where you need to provide your personal details. This typically includes your full name, email address, phone number, and password. Ensure that the information you provide is accurate and up to date.

  • Verify Your Phone Number: After filling in the registration form, you will receive a verification code via SMS to the phone number you provided. Enter the verification code in the designated field to confirm and verify your phone number.

  • Create a PIN: Set up a secure Personal Identification Number (PIN) that you will use to access your Moniepoint account. Make sure to choose a strong and memorable PIN that is not easily guessable.

  • Complete KYC Verification: To comply with regulatory requirements, Moniepoint may require you to complete a Know Your Customer (KYC) verification process. This typically involves providing additional information such as your date of birth, address, and a valid form of identification such as a national ID card, driver's license, or international passport.

  • Agree to Terms and Conditions: Read and agree to Moniepoint's terms and conditions, privacy policy, and any other relevant agreements.

  • Submit Your Registration: Once you have provided all the necessary information and agreed to the terms and conditions, click on the "Submit" or "Register" button to complete the registration process.

  • Access Your Moniepoint Account: After successfully registering, you can log in to your Moniepoint account using your registered email address or phone number and the PIN you created.

  • Set Up Security Measures: To enhance the security of your Moniepoint account, consider enabling additional security measures such as two-factor authentication (2FA) or biometric authentication if available.

Hurray! You have successfully opened a Moniepoint account. You can now explore the various features and services offered by Moniepoint, such as making payments, sending and receiving money, accessing loans, and more.

Documents Required to Open a Moniepoint Account

To open a Moniepoint account and enjoy its convenient payment solutions, you will need to gather the following documents:

  • Valid Identification: You will need a valid form of identification, such as a national ID card, international passport, voter's card, or driver's license. This document serves as proof of your identity and is required for account verification.

  • Proof of Address: Moniepoint may require you to provide proof of your current address. Accepted documents for this purpose include utility bills (electricity, water, gas), bank statements, or official correspondence that clearly displays your name and address. Make sure the document is recent and shows your complete address.

  • Passport Photograph: Prepare recent passport-sized photographs to include in your account registration. These photographs will be used for identification purposes and may need to meet specific size and background color requirements.

  • Phone Number: You will need a valid phone number to register your Moniepoint account. This phone number will be linked to your account and used for authentication and communication purposes.

  • Email Address: Provide a functional email address that you regularly use. This email address will be associated with your Moniepoint account and used for account-related notifications and updates.

Adding Funds to Your Moniepoint Account

Adding funds to your Moniepoint account is a simple process that allows you to have funds readily available for making payments and transactions through the Moniepoint app. Here's how you can add funds to your Moniepoint account:

  • Link a Bank Account: To add funds, you need to link your Moniepoint account with your bank account. This is typically done during the initial setup process. Provide the necessary bank account details, such as your account number and bank name, to establish the connection.

  • Deposit Money: Once your bank account is linked, you can deposit money into your Moniepoint account. You have several options for depositing funds, including:
    A. Bank Transfer: Use your bank's mobile app, online banking platform, or visit a bank branch to transfer money from your bank account to your Moniepoint account. Provide your Moniepoint account details as the recipient information.
    B. Cash Deposit: Visit a Moniepoint agent or designated partner location and deposit cash directly into your Moniepoint account. The agent will assist you in the deposit process and ensure that the funds are added to your account.

  • Mobile Money Transfer: Depending on the available options, you may be able to transfer funds from a mobile money wallet or other digital payment platforms directly into your Moniepoint account. Follow the instructions provided by the mobile money service or platform to complete the transfer.

  • Set the Funding Amount: When adding funds, specify the amount you wish to deposit into your Moniepoint account. Ensure that you have sufficient funds in your linked bank account or mobile money wallet to cover the desired deposit amount.

  • Confirm and Verify: Once the deposit is initiated, verify the transaction details and ensure that the funds have been successfully transferred to your Moniepoint account. You can typically check your account balance within the Moniepoint app to confirm the deposit.

By adding funds to your Moniepoint account, you can conveniently make payments, send money, and engage in various financial transactions using the Moniepoint app. Always keep track of your account balance and consider keeping a sufficient balance to meet your payment needs.

How to Send Money Using the Moniepoint App

Sending money using the Moniepoint app is a convenient and secure way to transfer funds to friends, family, or businesses. Here's a step-by-step guide on how to send money using the Moniepoint app:

  • Launch the Moniepoint App: Open the Moniepoint app on your mobile device. Ensure that you have a stable internet connection.

  • Log In or Create an Account: If you already have a Moniepoint account, enter your login credentials (username and password) to access your account. If you don't have an account, follow the on-screen instructions to create one. This typically involves providing your personal details and verifying your mobile number.

  • Navigate to the Send Money Option: Once you're logged in, locate the "Send Money" or similar option within the app's menu or home screen. Tap on it to proceed.

  • Enter Recipient Details: In the "Send Money" section, you'll be prompted to enter the recipient's information. This typically includes their mobile number or Moniepoint account number. Ensure that you enter the correct details to avoid sending money to the wrong recipient.

  • Specify the Amount: Enter the amount you wish to send to the recipient. Make sure you double-check the amount to ensure accuracy.

  • Choose Funding Source: Select the source from which you want to fund the money transfer. This could be your Moniepoint account balance, a linked bank account, or any other available funding source within the app.

  • Review and Confirm: Before finalizing the transaction, review the transaction details, including the recipient's information and the amount to be sent. Verify that all the information is accurate.

  • Enter Transaction PIN: For security purposes, Moniepoint requires you to enter your transaction PIN or other authentication credentials. This helps protect your account and ensure that only authorized transactions are processed.

  • Complete the Transaction: Once you've reviewed and confirmed all the details, tap on the "Send" or similar button to initiate the money transfer. The app will process the transaction, and you'll receive a confirmation message indicating the success of the transfer.

  • Verify the Transfer: After sending the money, it's a good practice to verify with the recipient that they have received the funds in their Moniepoint account.

Sending money using the Moniepoint app provides a convenient and efficient way to transfer funds.

Read Also: Palmpay Registration: How To Open Palmpay Account, How to Make Payments (Send and Receive Money) With Palmpay App

How To Receive Money with Moniepoint

To receive money using the Moniepoint app, you'll need to follow these simple steps:

  • Get your Moniepoint account number: After successfully creating a Moniepoint account, you will be assigned a unique account number. This number serves as your account's identification.

  • Share your Moniepoint account number with the sender: When someone wishes to send you money using Moniepoint, provide them with your account number. You can share this information verbally, in writing, or by sending them a screenshot of your Moniepoint account dashboard. Make sure to double-check the accuracy of the account number before sharing it to avoid any errors.

  • Wait for the money transfer: Once the sender initiates the money transfer, the funds will be routed to your Moniepoint account. You will receive a notification through the Moniepoint app confirming the incoming funds.

  • Check your account balance: After the transfer is completed, check your Moniepoint account balance to verify that the correct amount has been credited.

Keep your Moniepoint account number confidential and only share it with trusted individuals or businesses.


What are the payment methods for Moniepoint? 

Moniepoint supports various payment methods, including bank transfers, card payments, USSD transactions, and mobile wallet payments. You can choose the method that is most convenient for you to make payments using the Moniepoint platform.

How do I open a Moniepoint personal account? 

To open a Moniepoint personal account, you can follow these steps:

  • Download the Moniepoint app from your app store.

  • Launch the app and click on the "Register" button.

  • Fill in the required information, including your name, phone number, and email address.

  • Set a password for your account.

  • Complete the registration process by providing any additional information required.

  • Once your account is created, you can start using Moniepoint for your financial transactions.

Which bank does Moniepoint use? 

Moniepoint operates in partnership with various banks in Nigeria, including First Bank, Zenith Bank, Access Bank, and GTBank. These partnerships enable Moniepoint to provide banking services and facilitate transactions on behalf of its customers.

How much does Moniepoint POS charge for transactions? 

The charges for transactions made through the Moniepoint POS may vary. It is recommended to check with Moniepoint directly or refer to their official website for the most up-to-date information on transaction fees and charges associated with using the Moniepoint POS.

How much is Moniepoint ATM card? 

Moniepoint offers a prepaid ATM card that allows users to access their funds and make payments conveniently. The cost of the Moniepoint ATM card may vary, and it is advisable to inquire directly with Moniepoint or refer to their official website for information on the pricing and availability of their ATM card.


In conclusion, opening a Moniepoint account and making payments, as well as sending and receiving money through the Moniepoint app, offer a convenient and secure way to manage your financial transactions. By following the steps outlined in this guide, you can easily create a Moniepoint account, add funds, make payments, and receive money from others. The Moniepoint app provides a user-friendly interface and reliable services, allowing you to conduct transactions with ease. 

Whether you need to pay bills, send money to friends or family, or receive payments for goods and services, the Moniepoint app offers a seamless experience. With its robust security measures and accessibility, Moniepoint empowers you to take control of your financial transactions and simplify your day-to-day banking needs. Start enjoying the benefits of Moniepoint today and experience a convenient and efficient way to manage your finances.

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