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How to Open Moniepoint Business Account in Nigeria?

Learn how to open a Moniepoint Business Account in Nigeria by following simple steps on their website or app, including verifying your identity and setting up a PIN for transactions and enjoy features like free accounts and round-the-clock support.

by Kavitha

Updated Apr 11, 2024

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How to Open Moniepoint Business Account in Nigeria?

Moniepoint 

Moniepoint is a safe place to store money which is regulated by the CBN. You can conveniently pay bills, transfer money quickly, receive loans, collect funds, buy airtime and date, and access reliable POS services. Their physical offices across Nigeria confirm accessibility and legitimacy, providing customer support via phone, email, and in-person visits from Monday to Friday, 8 am to 5 pm. 

Downloading their app from the app store makes financial management simple. Moniepoint provides security, easy-to-use, and accessibility serves financial partners for numerous needs. If you are looking for ways to manage transactions efficiently or ensure the safety of your funds, Moniepoint provides a reliable solution.

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How to Open Moniepoint Business Account in Nigeria?

The following steps show you how to open Moniepoint Business Account in Nigeria;

  • Go to the official website of Moniepoint.
  • Enter your email and phone number, to verify your phone number.
  • Select a username and password, and provide your BVN and other details.
  • Verify your identity with face and ID verification.
  • Pick a PIN for your transactions.
  • Add money to your account.
  • Enjoy benefits like a free account, easy verification, and 24/7 support.
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Benefits of Using Moniepoint Business Account 

The benefits of using Moniepoint Business Account are:

  • Easy to pay bills.
  • Can make fast money transfers.
  • Service time is available for 24 hours.
  • Collecting loans
  • receiving funds
  • Purchasing airtime and data
  • dependable POS services
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Eligibility for Opening Moniepoint Business Account

To open a Moniepoint Business Account you need to pass some eligibility criteria which are as follows;

  • An active phone number and email address.
  • You need a valid Bank Verification Number.
  • Any Government ID proofs are must.
  • A business name for identification.
  • The willingness to adhere to Moniepoint's terms and conditions.

How to Download and Install the Moniepoint App?

For iOS Users:

  • On your device open the Apple App Store.
  • Type Moniepoint in the search bar which will be at the top of the screen.
  • Choose the application from the search results
  • Tap the “Get” button to start the installation process
  • To confirm the installation enter your Apple ID and Password.
  • Once the app is downloaded tap the Open button to launch the app.

For Android Users:

  • On your device visit the Google Play Store.
  • Search Moniepoint using the search bar at the top of the screen.
  • Tap the icon and proceed with the installation process.
  • Once installation is finished click the Open button to launch the app.

How to Open Moniepoint Business Account in Nigeria - FAQs

1. Is Moniepoint safe to store money?

Yes, it's regulated by the CBN and offers secure services.

2. What are the benefits of a Moniepoint Business Account?

Easy bill payment, fast money transfers, 24/7 service, and more.

3. What are the eligibility criteria for opening a Moniepoint Business Account?  

Active phone number, valid BVN, government ID, business name, and agreement to terms.

4. How can I download and install the Moniepoint app?  

For iOS users, find it in the App Store; for Android users, get it from Google Play Store.

Disclaimer : The above information is for general informational purposes only. All information on the Site is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information on the Site.