Moniepoint Signup and Registration: How to Open Moniepoint Account, How to Make Payments (Send and Recieve Money) with Moniepoint App

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If you’re looking for a seamless and convenient way to manage your financial transactions, look no further than Moniepoint. With Moniepoint, opening an account and making payments or sending and receiving money has never been easier. Whether you’re shopping online, paying bills, or splitting expenses with friends, Moniepoint offers a user-friendly experience that simplifies your financial interactions. 

In this comprehensive guide, we will walk you through the step-by-step process of opening a Moniepoint account and show you how to effortlessly make payments and send/receive money using the Moniepoint app. Say goodbye to the hassle of traditional payment methods and embrace the convenience and efficiency of Moniepoint for all your financial needs.

Moniepoint Signup and Registration: How to Open Moniepoint Account

Opening a Moniepoint account is a straightforward process that can be done in a few simple steps. Moniepoint is a reliable and secure platform that allows you to conveniently manage your financial transactions. Whether you want to send money, receive payments, or make online purchases, having a Moniepoint account provides you with a seamless experience. Here’s a comprehensive guide on how to open a Moniepoint account:

  1. Download the Moniepoint App: Start by downloading the Moniepoint app from the Google Play Store or Apple App Store. The app is available for both Android and iOS devices.
  2. Launch the App: Once the app is installed, open it on your mobile device.
  3. Sign Up: On the app’s home screen, locate and tap on the “Sign Up” or “Register” button to begin the account creation process.
  4. Provide Personal Information: Enter your personal details such as your full name, phone number, and email address. Make sure to provide accurate information as it will be used for verification purposes.
  5. Create a Password: Choose a strong password that is unique and secure. This password will be used to access your Moniepoint account, so ensure it is memorable but not easily guessable.
  6. Verify Your Phone Number: Moniepoint will send a verification code to the phone number you provided during the registration process. Enter the code in the app to verify your phone number.
  7. Set Security Questions: To enhance the security of your account, Moniepoint may require you to set up security questions and provide answers that only you know.
  8. Set Up a PIN: Create a personal identification number (PIN) that will be used to secure your Moniepoint account. This PIN will be required for various transactions within the app.
  9. Complete KYC Verification: Moniepoint may require you to complete the Know Your Customer (KYC) verification process. This typically involves submitting a valid form of identification, such as a government-issued ID card, driver’s license, or international passport. Follow the instructions provided in the app to complete the verification process.
  10. Link Your Bank Account: To fully utilize the features of your Moniepoint account, you will need to link it to your bank account. Provide the necessary bank account details as prompted in the app to establish the connection.
  11. Fund Your Account: Once your Moniepoint account is set up and linked to your bank account, you can proceed to fund your Moniepoint wallet. This will enable you to make payments, send money, and perform other financial transactions seamlessly.
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Congratulations! You have successfully opened a Moniepoint account. You can now explore the various features and services offered by Moniepoint, including making payments, sending and receiving money, and enjoying the convenience of a digital financial platform.

How To Send Money With Moniepoint 

Sending money with Moniepoint is a convenient and secure process that allows you to transfer funds to friends, family, or businesses seamlessly. Whether you need to make a payment or support someone financially, Moniepoint offers a user-friendly platform to facilitate your transactions. Here is a step-by-step guide on how to send money with Moniepoint:

  1. Log in to Your Moniepoint Account: Open the Moniepoint app on your mobile device and enter your login credentials to access your account. If you haven’t logged in before, ensure that you have completed the registration process and have a funded Moniepoint wallet.
  2. Navigate to the “Send Money” Feature: Once you’re logged in, locate the “Send Money” or “Transfer” feature on the app’s home screen. It is usually represented by an icon or a clearly labeled button.
  3. Enter the Recipient’s Details: Provide the necessary details of the recipient. This typically includes the recipient’s phone number or Moniepoint account number. Ensure that you enter the correct information to avoid any issues with the transaction.
  4. Specify the Amount: Enter the amount of money you want to send to the recipient. Double-check the entered amount to ensure accuracy.
  5. Review and Confirm: Take a moment to review the transaction details, including the recipient’s information and the amount you are sending. If everything appears correct, proceed to confirm the transaction.
  6. Enter Your Transaction PIN: Moniepoint uses a transaction PIN to verify your authorization for each transaction. Enter your unique transaction PIN when prompted to authenticate the transfer.
  7. Complete the Transaction: After entering your transaction PIN, the transaction will be processed and the money will be sent from your Moniepoint account to the recipient’s Moniepoint wallet. You may receive a notification confirming the successful transfer.
  8. Notify the Recipient: Once the transaction is completed, you can inform the recipient that you have sent them money through Moniepoint. They will be able to access the funds in their Moniepoint wallet and use them as desired.

It’s important to note that Moniepoint may charge a nominal fee for certain transactions. Make sure to check the applicable fees and terms of service on the Moniepoint app or website.

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How To Receive Money With Moniepoint App

Receiving money with the Moniepoint app is a convenient and hassle-free process. Moniepoint offers different methods to receive funds, ensuring flexibility and ease of use. Here are the various ways you can receive money with Moniepoint:

  1. Moniepoint App: Share your Moniepoint account number or QR code with the person sending you money. They can use the Moniepoint app to send you the funds directly to your account. This method is quick and efficient, allowing for instant transfers.
  2. Moniepoint Agent: Locate a Moniepoint agent near you. Provide the agent with your Moniepoint account number or QR code, and they will initiate the transfer on your behalf. The agent will scan your QR code or enter your account details to send the money directly to your Moniepoint account. This option is especially useful if you prefer in-person transactions or if the sender is unable to use the app.
  3. Bank Transfer: Provide your Moniepoint account number to the person sending you money. They can initiate a bank transfer from their bank’s online banking platform or mobile app. The funds will be transferred to your Moniepoint account, allowing for seamless and secure transactions.
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Once the money is received in your Moniepoint account, you can use it for various purposes such as making payments, purchasing airtime and data, or withdrawing cash from a bank ATM.

Additional Features Moniepoint Account

The Moniepoint app offers various additional features that enhance the user experience and provide convenience. Here are some of the notable features:

  1. Airtime and Data Purchase: With the Moniepoint app, you can easily buy airtime and data bundles for yourself or others. It supports multiple mobile network providers, allowing you to recharge your phone or that of your friends and family seamlessly.
  2. Bills Payment: The app enables you to pay utility bills such as electricity bills, cable TV subscriptions, internet bills, and more. You can conveniently settle your bills from the comfort of your home or on the go, saving you time and effort.
  3. Fund Transfer: In addition to sending and receiving money, the Moniepoint app allows you to transfer funds to other bank accounts. You can initiate interbank transfers to individuals or businesses, making it convenient for various financial transactions.
  4. Account Statement: With the Moniepoint app, you can access your account statement, which provides a summary of your transaction history. This feature allows you to keep track of your financial activities and monitor your spending.
  5. Transaction Notifications: The app provides real-time transaction notifications, keeping you updated on any incoming or outgoing funds. You will receive instant alerts for successful transactions, ensuring transparency and security.
  6. Customer Support: Moniepoint offers customer support services through various channels, including phone, email, and social media. If you encounter any issues or have inquiries, you can reach out to their dedicated support team for assistance.

It’s worth noting that Moniepoint regularly updates its app to introduce new features and improve functionality


How do I accept payment on Moniepoint? 

To accept payment on Moniepoint, you can share your Moniepoint account number or QR code with the person making the payment. They can then use the Moniepoint app or visit a Moniepoint agent to transfer the funds to your account.

How do I open a Moniepoint personal account? 

To open a Moniepoint personal account, download the Moniepoint app from the Google Play Store or Apple App Store. Launch the app, click on “Sign Up,” and follow the prompts to provide the required information and create your account.

Which bank does Moniepoint use? 

Moniepoint partners with various banks in Nigeria, including but not limited to First Bank, GTBank, Access Bank, Zenith Bank, UBA, and Union Bank. These partnerships allow users to carry out transactions seamlessly through the Moniepoint platform.

Can I use Moniepoint on my phone? 

Yes, you can use Moniepoint on your phone. Moniepoint offers a mobile app that is compatible with Android and iOS devices. Simply download the app, sign in to your account, and you can start using Moniepoint’s services right from your phone.

How much does Moniepoint charge for deposit? 

Moniepoint does not charge a fee for deposits. You can deposit funds into your Moniepoint account without incurring any charges. However, it’s important to note that some banks may apply their own transaction fees for transfers to your Moniepoint account. Please check with your bank for any applicable fees.


In conclusion, opening a Moniepoint account is a straightforward process that grants you access to a range of convenient financial services. By following the steps outlined in this guide, you can easily create your Moniepoint account and enjoy the benefits of seamless digital payments, easy fund transfers, and secure transactions.

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