How To Become Moniepoint Aggregator And Moniepoint Agent

How To Become Moniepoint Aggregator And Moniepoint Agent In 2023

Before becoming a Moniepoint agent or aggregator, there are certain requirements and steps you need to fulfill. Here’s an overview of what you must have in place:

Physical Location: You will need a physical location for your business operations.

This can be a shop, store, or office space where you can serve customers and conduct transactions.

Agent/Aggregator Registration: You need to register before you can become either an aggregator or agent.

Documentation: Prepare the required documents, which may include identification documents (e.g., passport, national ID), proof of address, bank account details, and possibly your business registration documents.

Training and Onboarding: Once your registration is approved, you may be required to undergo training sessions or onboarding processes to familiarize yourself with Moniepoint’s system, operations, and guidelines.

Technology and Infrastructure: Ensure you have the necessary technology and infrastructure in place to serve as a Moniepoint agent or aggregator.

This may include a computer or mobile device, stable internet connection.

Benefits of Moniepoint aggregator and agent

As a Moniepoint aggregator or agent, you can enjoy several benefits, including:

Profitability: Both Moniepoint aggregators and agents have the opportunity to earn profits through their transactions.

Agents can earn commissions on transaction fees from all transactions handled by their platform, while can earn profits from distributing/selling POS terminals to other agents and merchants.

Low transaction rates: Moniepoint offers low transaction rates in the industry, which can be advantageous for both aggregators and agents.

This can attract more customers and merchants to use Moniepoint’s services, leading to increased business opportunities.

All-in-one payments and banking platform: Moniepoint provides an all-in-one payments, banking, and operations platform for businesses.

Read: How Bo Become Opay Aggregator And Opay Agent

This means that as an aggregator or agent, you can offer a wide range of financial solutions to your customers, making it convenient for them to manage their transactions and finances.

Access to a large customer base: Moniepoint has a significant customer base, which can benefit both aggregators and agents.

As an aggregator, you can tap into this customer base and provide your services to a wider audience.

As an agent, you can attract more customers and merchants who are already familiar with Moniepoint’s brand and services.

Training and support: Moniepoint offers training and onboarding sessions to help aggregators and agents familiarize themselves with the platform, operations, and guidelines.

This support can be valuable in ensuring that you have the necessary knowledge and skills to provide excellent service to your customers.

Now let’s see how to become moniepoint aggregator and Moniepoint agent.

How To Become Moniepoint Aggregator And Moniepoint Agent In 2023

To become a Moniepoint aggregator or agent, you have two options, one is to visit any of the Moniepoint branches in Nigeria, secondly, you can visit their website for registration.

Below is the procedure to follow to successfully become moniepoint aggregator or agent:

Visit the Moniepoint website and sign up to find the agent or aggregator registration form.
After signing up, look for the option to become an agent or aggregator in your account
Fill out the necessary details in the registration form, which may include your full name, email address, phone number, and other required information.
Submit the completed registration form as per the instructions provided.
Once your registration is approved, you may be required to undergo training sessions or onboarding processes to familiarize yourself with Moniepoint’s system, operations, and guidelines.

Note: A moniepoint POS terminal attracts a caution fee of N21,500.

You must ensure you have this at hand before applying to get a POS.

For agents, undergoing training sessions is optional and less compulsory.

Once you receive your pos and it’s activated, you can start transacting on the go.

FAQs On How To Become Moniepoint Aggregator And Moniepoint Agent In 2023

Here are some frequently asked questions on how to become moniepoint aggregator and moniepoint agent in 2023 with their respective answers:

How do I become an aggregator for Moniepoint?

To become an aggregator for Moniepoint, you can follow these steps:

You can visit the Moniepoint website, visit any of their branches or download the Moniepoint app.
Fill out the agent registration form.
Verify your email.
Meet the necessary requirements as stated above
Wait for approval.

What are the benefits of being a POS aggregator?

Being a POS aggregator can offer several benefits, including:

Profitability: Aggregators can earn commissions on transaction fees from all transactions handled by their platform.

Low transaction rates: POS aggregators like Moniepoint offer low transaction rates, which can attract more customers and merchants.

All-in-one payments and banking platform: Aggregators can provide a wide range of financial solutions to their customers through Moniepoint’s all-in-one payments, banking, and operations platform.

Access to a large customer base: Aggregators can tap into Moniepoint’s significant customer base and offer their services to a wider audience.

Training and support: Moniepoint offers training and onboarding sessions to help aggregators familiarize themselves with the platform and guidelines.