MoniePoint USSD code to transfer Money, Check Account Balance, Loans, Borrow Money and For Airtime Purchase

MoniePoint is a prominent fintech company in Nigeria, renowned for simplifying banking processes. They offer a user-friendly app, available for download on the Play Store, designed to assist with a variety of financial tasks. However, what truly sets MoniePoint apart is its USSD code functionality. This feature doesn’t require an internet connection, allowing users to conduct banking transactions anywhere.

Whether you find yourself in an area with unreliable internet access or simply prefer a straightforward banking method, MoniePoint’s USSD code proves to be invaluable. It enhances banking accessibility and convenience for all Nigerians. In this article, I will guide you through the steps to effectively utilize MoniePoint’s USSD code. But before we dive in, let’s explore what the MoniePoint USSD code entails and the necessary steps to activate it.

MoniePoint USSD code 

To conduct various transactions such as money transfers, airtime purchases, borrowing funds, and bill payments through MoniePoint’s USSD code, it’s essential to begin with the general USSD code, which is *5573#. However, for this USSD code to function seamlessly on your mobile device, you must first create an account with MoniePoint through their dedicated app. Here are the steps to get started:

1. Open Google Play Store or the Apple Store on your mobile device.
2. Search for “Moniepoint Personal Banking” and proceed to download and install the application.
3. Once the installation is complete, launch the app on your device.
4. On the app’s interface, locate and tap on the “Sign Up” option to initiate the registration process.
5. Provide your email address and phone number as requested.
6. A 6-digit verification code will be sent to the mobile number you’ve provided. Enter this code in the designated field.
7. To continue with the registration, input your Bank Verification Number (BVN).
8. Follow the on-screen prompts to complete the identity and location verification process successfully.

Once you have successfully created your MoniePoint account and verified your identity, you can proceed to conduct various transactions effortlessly using the provided USSD code, *5573#. This user-friendly approach ensures that MoniePoint’s services are readily accessible to users in Nigeria, enhancing their banking experience.

See Also: Transfer code for sterling bank, ussd code for sterling bank 

MoniePoint USSD code to Transfer Money

Transferring money from your MoniePoint wallet to other bank accounts or wallets is a swift and straightforward process when utilizing the MoniePoint USSD code. Here’s a step-by-step guide:

1. On your mobile phone, using the number linked to your MoniePoint account, dial *5573# and hit the call button.

2. You’ll be presented with a menu of options; select “Transfer Money” from this list.

3. Now, input the recipient’s account number or phone number if they happen to have a MoniePoint account, and ensure the number is correct.

4. Specify the amount you wish to transfer to the recipient.

5. To confirm the transaction, enter your PIN for authentication and security.

6. After completing these steps, wait for a confirmation message. This message will verify that your money transfer has been successfully processed.

This method of transferring money with the MoniePoint USSD code ensures speed and convenience, making it a reliable choice for users seeking efficient financial transactions in Nigeria.

MoniePoint USSD code to check Account Balance

Checking your MoniePoint account balance is a straightforward process that allows you to stay updated on your financial status. To perform this task, follow these simple steps:

1. Dial *5573# on your mobile phone, using the number linked to your MoniePoint account.

2. From the menu of options that appears, select “Check Balance.”

3. To verify your identity and ensure security, you’ll need to input your MoniePoint PIN.

4. Once you’ve entered your PIN correctly, the system will process your request, and a confirmation message will be displayed on your screen. Additionally, you’ll receive an SMS notification containing your MoniePoint account balance.

MoniePoint USSD code to Borrow Money 

Getting a loan through MoniePoint’s USSD Code is a straightforward process designed to provide financial assistance when it’s most needed. Here’s a step-by-step guide in simple terms:

1. Dial *5573# on your phone, making sure it’s the same number linked to your MoniePoint account.

2. From the options that appear, select “Loans.”

3. Within the loans menu, choose “Check Loan Offers” to see what’s available.

4. Follow the on-screen prompts to provide some basic information, such as your name, phone number, and the amount of money you want to borrow.

5. After you’ve completed the application, all that’s left to do is wait for a message confirming that your loan has been approved. They’ll send this notification to the phone number connected to your MoniePoint account.

MoniePoint USSD code for Airtime Purchase

Buying airtime using the MoniePoint USSD code is a quick and straightforward process, ensuring you stay connected without hassle. Here are the simple steps to follow:

1. On your mobile phone, dial *5573# and then follow the prompts that appear on your screen.

2. Among the options presented, choose “Airtime.”

3. Now, select the network provider for the airtime you wish to purchase. This ensures you get the right recharge for your phone or someone else’s.

4. Enter the recipient’s phone number. Double-check the number to avoid any mistakes.

5. Specify the amount of airtime you want to buy. Ensure it matches your needs.

6. Confirm all the transaction details, including the recipient’s phone number and the chosen amount.

7. To complete the transaction securely, enter your MoniePoint PIN when prompted.

8. After following these steps, patiently wait for the confirmation message. This message will provide you with all the details of your successful airtime purchase.

This user-friendly method empowers MoniePoint users to top up their mobile airtime swiftly and efficiently, ensuring they can stay connected whenever and wherever they need it. It’s a convenient feature that simplifies everyday tasks and enhances the overall banking experience.

See Also: PalmPay USSD code to transfer Money, Check Account Balance, Loan, Borrow Money and For Airtime Purchase

How to Transfer to MoniePoint using USSD Code

Transferring funds to your MoniePoint account through the USSD code depends on the specific bank or app you are using for the transaction. In the case of Access Bank, you can seamlessly transfer money to your MoniePoint account by following these steps:

1. Dial *901*Amount*MoniePoint* account number# on your mobile phone. For example, if you want to transfer ₦5000 to the MoniePoint account number 123456789, you would dial *901*5000*123456789#.

2. After entering the USSD code with the appropriate amount and MoniePoint account number, press the call button to initiate the transaction.

3. Follow the on-screen instructions that are displayed to you. These instructions will guide you through the process, ensuring that the transfer is completed accurately.

Please keep in mind that this specific process is tailored for Access Bank customers. Other banks or financial apps may have different USSD codes or procedures for transferring money to a MoniePoint account.

F.A.Q

What are the payment methods for Moniepoint?

Moniepoint offers multiple payment methods for business owners to receive money securely through their online checkout pages. Customers can make payments using various options, including debit and credit cards, bank transfers, and USSD payments. These versatile payment choices cater to a wide range of preferences and ensure convenience for both businesses and customers, enhancing the overall payment experience and promoting financial transactions.

How do I hide balance on Moniepoint POS?

To conceal your wallet balance on the Moniepoint POS, follow these simple steps:

1. Access your business account.
2. Go to the settings menu.
3. Locate and select the “security” option.
4. Inside the security settings, you will find a toggle switch labeled “Show wallet balance.” 
5. Toggle this option off by moving the switch to the ‘off’ position.

By following these steps, you will successfully hide your wallet balance on the Moniepoint POS, ensuring that your financial information remains private and secure while conducting transactions through the platform.

What is the full name of Moniepoint?

Moniepoint, formerly known as TeamApt Inc, is a fintech company established in 2015 by co-founders Tosin Eniolorunda and Felix Ike. This company specializes in offering comprehensive financial solutions tailored to meet the specific needs of businesses. Through its innovative services and technology, Moniepoint empowers businesses by facilitating seamless financial transactions, making it a vital player in the fintech industry. The name change from TeamApt Inc to Moniepoint reflects its evolution and commitment to providing cutting-edge financial services for businesses and individuals alike.

How much is the limit of Moniepoint?

The Moniepoint platform imposes specific transaction limits to ensure the security and responsible use of its services. When it comes to cash withdrawals through Automated Teller Machines (ATMs), the maximum limit is set at N 100,000, with a daily cap of N20,000 per day. It’s worth noting that only denominations of N200 and below are available for ATM withdrawals. For transactions conducted via point of sale (PoS) terminals, the daily limit is N20,000. These limits are in place to regulate and facilitate secure financial transactions while using Moniepoint, both for withdrawals and point of sale transactions.

Does Moniepoint give cash back?

Yes, Moniepoint offers cashback incentives to Business Owners (BOs) as part of its services. BOs can receive cashback rewards of up to ₦20 on withdrawals and ₦5 on transfers, encouraging them to utilize the platform for financial transactions. Additionally, Moniepoint charges a 2% fee for airtime purchases across all networks. Notably, there are no charges im posed on bill payments, enhancing the platform’s appeal for BOs looking to manage their financial operations efficiently and cost-effectively. These cashback benefits and fee structures contribute to Moniepoint’s value proposition within the fintech landscape.

Conclusion

The MoniePoint USSD code is a great way to do transactions even without the internet. You can send money, check your balance, buy airtime, and request for loans, all without needing the internet. This is really useful, especially in areas with bad internet. It’s simple to use, so anyone can do it. It makes banking easy for everyone. The Moniepoint USSD code works like magic; it makes banking simpler for many people.