POS business isn’t a new thing in Nigeria, we’ve seen commercial banks like First Bank, Zenith Bank and so on issue POS to customers. But these days, POS acquisition has been made easier thanks to Fintech Companies in Nigeria. One of the fast-rising financial solution providers in Nigeria is Moniepoint. If you’re looking to apply for a Moniepoint POS in Nigeria. In this article you’re reading on NaijaKnowHow, we will walk you through how you can get Moniepoint POS Online in Nigeria. Whether you’re a business owner or an individual who wants to use Moniepoint POS. This guide works best for everyone provided you have all the needed documents to apply for a Moniepoint POS.
How To Get Moniepoint POS Online in Nigeria
Before you can apply for a Moniepoint POS in Nigeria, you must have some documents that’ll qualify you to acquire a MoniePoint POS. These documents are nothing to worry about, you can simply get them even if you don’t have them. A lot of people have been asking different questions about which documents are needed for Moniepoint POS. You can check them below.
Documents Required to Apply for Moniepoint POS in Nigeria
When applying for a POS machine on Moniepoint, below are some of the needed credentials/documents that you must possess.
A valid ID Card (International Passport, NIN, Voters Card, or Driver’s License) Utility Bill (waste bill, electricity bill, water bill, etc) CAC documents (for registered businesses only) Bank Verification Number (BVN) A bank account with any known commercial banks in Nigeria. Extra N20,000 to pay for the POS Machine
Steps to Get Moniepoint POS Online in Nigeria
Now that you’ve checked and confirmed you have all the needed documents to apply for MoniePoint POS. To get started, follow the steps we’ve provided below.
Step 1: Visit the Moniepoint Website
To get a Moniepoint POS online, the first step is to visit the Moniepoint website (https://www.moniepoint.com/). Once the page has loaded successfully. On the homepage, go to the navigation menu, and click on Payments. Then under Payments, click on POS the once the page has loaded successfully, click on Get your POS.
Step 2: Create An Account
This is one of the first few steps you’ll need to take before getting your Moniepoint POS. You’ll have to create an account using your email address and your phone number. Then click on next to enter the following details such as your name, address, and some other personal details. Click on submit to finish registration.
Step 3: KYC Verification
After you have created your account. You’ll need to verify your KYC and that simply means “know your customer” to verify KYC, you’ll need to submit your valid ID card, which could be your NIN, Intl Passport, Voters Card etc. Then submit your BVN, and your registered commercial bank account details and also upload your utility bill, CAC documents and a clear picture of you, then submit your details.
Step 4: Pay to Get Moniepoint POS Online
Once your documents have been approved, you’ll see an option in your dashboard that says Pay for POS machine. You can make payment using bank transfers, online payment or payment on arrival. After you’ve made the payment, fill in the address where you want your Moniepoint POS machine to be delivered to you.
Step 5: Activate The POS Machine
Once you receive the POS terminal, follow the instructions provided to activate it. The POS terminal will come with a user manual that outlines the steps for activation. You will also receive training on how to use the terminal. It is important to ensure that you follow the instructions provided during the activation process to avoid any issues with the terminal.
Step 6: Download Moniepoint App
The last step into making your Moniepoint POS work fully and also getting a record of your transactions is to get the Moniepoint app. You can download the Moniepoint app from Google Play Store and Apple Store. Once you’ve downloaded the app, you can log in using your email or phone number. Then enter your password.
Conclusion
That’s all on how to get Moniepoint POS Online in Nigeria. The steps are pretty straightforward and if followed properly, you could get yourself a POS machine in the space of a few days. Using a POS machine like that of Moniepoint is good and they offer little charges on any transaction made with the POS Machine.
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