How to Get Moniepoint Pos Machine in Lagos


Embarking on the journey to acquire a MoniePoint POS machine in Lagos is a straightforward process, offering both online and offline avenues to cater to your convenience.

Here’s your comprehensive guide on how to obtain a MoniePoint POS machine, ensuring a hassle-free experience for businesses in Lagos.

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How to Get Moniepoint Pos Machine in Lagos

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Online Application:

  1. Visit the MoniePoint Website:
    • Navigate to the MoniePoint website and click on the “Get a POS” button.
  2. Fill in the Form:
    • Complete the online form with your personal and business details. This step initiates the application process.
  3. Submission:
    • Once you’ve filled in the form, submit it online. A MoniePoint representative will then contact you to finalize the application.

Offline Application:

  1. Visit a MoniePoint Branch or Partner Store:
    • If you prefer a face-to-face interaction, you can visit a MoniePoint branch or a partner store in Lagos. The website provides a list of these locations for your convenience.

Application Approval:

  1. Credit Check:
    • Upon submission, MoniePoint conducts a credit check as part of the application process.
  2. Approval Timeframe:
    • Your application will typically be approved within 24 hours, marking a swift turnaround for businesses eager to integrate MoniePoint POS.

Payment Process:

  1. Modes of Payment:
    • Once your application is approved, you have the flexibility to pay for your POS machine either online or at a MoniePoint branch or partner store.


To streamline the application process, ensure you meet the following requirements:

Requirements for MoniePoint Application
Description: You must be a resident of Nigeria.
Description: Applicants should be at least 18 years old.
Description: A valid government-issued ID is a prerequisite.
Bank Account
Description: Possession of a valid bank account is mandatory.
Business Registration (For Business POS)
Description: If applying for a business POS machine, a valid business registration certificate is required.
How to Get Moniepoint Pos Machine in Lagos
  1. Residency:
    • You must be a resident of Nigeria.
  2. Age:
    • Applicants should be at least 18 years old.
  3. Identification:
    • A valid government-issued ID is a prerequisite.
  4. Bank Account:
    • Possession of a valid bank account is mandatory.
  5. Business Registration (For Business POS):
    • If applying for a business POS machine, a valid business registration certificate is required.

Cost Breakdown:

  1. POS Machine Cost: N21,500:
    • This includes a N10,000 caution fee, N10,000 logistics fee, and N1,500 insurance fee for one year.

Activation and Usage:

  1. Receive and Activate:
    • Once you’ve received your MoniePoint POS machine, follow the provided manual to activate it.
  2. Start Accepting Payments:
    • With your POS machine activated, you’re ready to start accepting payments from your customers seamlessly.

Can I Use Moniepoint For Personal Use?

In a transformative move, MoniePoint has extended its services beyond the realm of businesses to embrace individuals, offering a comprehensive suite of personal banking services.

Now, MoniePoint caters to the diverse financial needs of individuals, providing a seamless blend of traditional banking features and modern convenience through its debit card and mobile app.

Embracing Personal Banking

Open a Bank Account Online:

  • MoniePoint simplifies the account-opening process by enabling users to establish a bank account online. This user-friendly approach eliminates the need for time-consuming visits to brick-and-mortar branches.

Swift Debit Card Delivery:

  • The convenience doesn’t end with account creation. MoniePoint ensures rapid access to your finances by delivering a debit card to your doorstep within 48 hours, offering a quick and hassle-free solution for your immediate banking needs.


  • MoniePoint’s personal banking services empower users to make payments effortlessly, whether it’s settling bills, paying for goods and services, or transferring funds to friends and family. The simplicity of the process makes managing your finances a breeze.

Account-to-Account Transfers:

  • Transfer money between accounts with ease, enjoying the flexibility to move your funds where they are needed. MoniePoint facilitates quick and secure account transfers to streamline your financial transactions.

Bills and Utilities Payment:

  • MoniePoint extends its functionality to cover the essentials of daily life. Paying bills and utilities is no longer a chore, with the platform offering a straightforward solution to manage your financial obligations efficiently.

Money Management:

  • The MoniePoint mobile app serves as your digital companion for managing money effortlessly. Gain insights into your spending, track transactions, and keep a close eye on your financial health, all within the palm of your hand.

Dispute Resolution for Card Transactions:

  • In the event of failed card transactions, MoniePoint users have the convenience of logging disputes through the app. The platform ensures that users can track the progress of their disputes until a full reversal is achieved, offering peace of mind and security.

Getting Started:

To embark on your journey with MoniePoint for personal banking, follow these simple steps:

  1. Create a MoniePoint Account:
    • Visit the MoniePoint website or download the mobile app to create your account.
  2. Download the Mobile App:
    • Enhance your banking experience by downloading the MoniePoint mobile app from your app store.
  3. Request a Debit Card:
    • With your account in place, request a debit card to unlock a world of financial possibilities.
  4. Start Managing Your Money:
    • Activate your debit card and dive into the convenience of MoniePoint personal banking. Make payments, transfer funds, and take control of your financial journey.
How to Get Moniepoint Pos Machine in Lagos


The process of acquiring a MoniePoint POS machine in Lagos is designed to be user-friendly, with online and offline options catering to various preferences.

As fees and processes may evolve, it’s recommended to check with MoniePoint directly for the latest and most accurate information.

Empower your business with the efficiency of MoniePoint POS, bridging the gap between convenience and cutting-edge technology in Lagos.


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