How To Upgrade Your Moniepoint Account Easily

Why Upgrade Your Moniepoint Account?

There are many reasons that could make one determine to upgrade his/her account. Out of the many, here are a few amongst them:

Higher Transaction Limits: Upgrading your Moniepoint account provides increased transaction limits, allowing you to process larger financial transactions.

This is especially beneficial if you frequently conduct high-volume transactions or handle substantial amounts of money.

Enhanced Services: Upgraded accounts offer access to advanced features and a wider range of financial transactions.

You’ll have the ability to perform more diverse transactions, access additional payment methods, and enjoy improved customer support options.

Increased Credibility: An upgraded Moniepoint account is often viewed as more credible by both customers and partners.

This is particularly important for businesses that rely on Moniepoint, as it instills confidence in clients and collaborators.

Business Expansion: Upgrading your Moniepoint account can enable you to expand your operations.

With higher transaction limits and enhanced services, you’ll have the capacity to handle larger sales volumes and reach a broader customer base.

Security Features: Upgraded accounts come with additional security features and options.

These measures help protect your account from unauthorized access and fraudulent activities, enhancing the safety of your funds.

Better Customer Support: Upgraded account holders often receive priority customer support, leading to faster issue resolution and a more seamless user experience.

Read: How To Upgrade Your Kuda Bank Account Easily

This can greatly enhance your overall satisfaction with the Moniepoint platform.

How to Upgrade Your Moniepoint Account Easily

To open your moniepoint account easily, kindly follow the steps outlined here:

Open Your Moniepoint App: Ensure that you have the Moniepoint app installed on your device.

If you haven’t already, download it from your app store and sign in using your credentials.

Once you’re logged in, you’ll find yourself on the Moniepoint dashboard.

Locate the Upgrade Option: On your dashboard, look for the “Upgrade” option. This serves as your gateway to enhancing your Moniepoint account.

Tap “Upgrade”: Tap on the “Upgrade” option to kickstart the upgrade process. This will initiate the necessary steps to upgrade your account.

Select Your Identification Document: You’ll need to choose the type of identification (ID) document you possess. Moniepoint accepts various forms of identification, such as National ID cards, Driver’s Licenses, and International Passports.

Select the appropriate option based on the ID document you have.

Enter Your ID Number: Once you’ve selected your ID type, you’ll need to input your ID number.

Double-check that the information you provide is accurate to ensure a smooth upgrade process.

Upload a Photo of Your ID: To verify your identity, Moniepoint will require you to upload a clear photo of your selected ID document.

Make sure the image is legible and contains all the necessary details.

This helps Moniepoint validate your identity and ensures the security of your account.

Submit Your Request: After uploading your ID photo, submit your upgrade request. Moniepoint will review your submission to ensure it meets their requirements.

This step finalizes your upgrade request.

Wait for Confirmation: Moniepoint will review your upgrade request and provide confirmation within a short timeframe.

Be patient and keep an eye on your notifications or email for updates regarding your account upgrade.

FAQs On How To Upgrade Your Moniepoint Account Easily

Here are some helpful frequently asked questions on how to upgrade your moniepoint account easily with answers:

How do I deposit money into my Moniepoint account?

To deposit money into your Moniepoint account, follow these steps:

Visit any Moniepoint agent location.
Provide the agent with the cash you want to deposit.
Share your Moniepoint account number with the agent.
The agent will initiate the deposit transaction and credit the funds to your Moniepoint account.
You will receive a confirmation message once the deposit is successful.

Which bank is Moniepoint under?

Moniepoint is a product of TeamApt Limited, a Nigerian fintech company.

It operates as a mobile money agent and is not affiliated with any specific bank. Moniepoint provides financial services such as money transfers, bill payments, and cash deposits and withdrawals through its network of agents.

What is the code for Moniepoint transfer?

The code for initiating transfers on Moniepoint is *888#.

By dialing this code on your mobile phone, you can access the Moniepoint menu and perform various transactions, including transfers, airtime top-ups, and bill payments.

How to make money on Moniepoint?

While Moniepoint primarily serves as a platform for financial transactions, there are opportunities to earn income through agent banking.

To make money on Moniepoint, you can become a registered Moniepoint agent.

As an agent, you can offer services such as cash deposits, withdrawals, transfers, and bill payments to customers in your area.

Agents earn commissions on transactions conducted through their Moniepoint agent account.

Is Moniepoint a bank or wallet?

Moniepoint is not a bank or a wallet.

It is a mobile money agent service that provides financial services through its network of agents.

Moniepoint allows users to perform various transactions such as money transfers, bill payments, cash deposits, and withdrawals. It operates within the framework of regulatory guidelines and use agents to carry out these services.

How much does Moniepoint POS cost? The cost of a Moniepoint POS device was around N21,500.