Do you wish to start POS work in Nigeria and consider becoming an Aggregator or agent to Moniepoint? Look no further, this article is for you.
In today’s article, I will show you how to become a Moniepoint aggregator or agent and start earning money today.
What is Moniepoint?
Before we delve into how to become a Moniepoint aggregator or agent, let’s first understand what Moniepoint is all about. Moniepoint is a payment platform and financial institution that allows users to make payments, buy airtime and data, and transfer funds.
As a Moniepoint aggregator or agent, you can earn money by providing financial services to people in your community. It’s also a way to make money through online means.
It is an innovative payment solution that has made financial transactions easier and more convenient for us in Nigeria.
Moniepoint is owned and operated by Moniepoint Limited, a financial technology company, and the good news is that it’s licensed by the Central Bank of Nigeria. This platform has over 100,000 agents and serves millions of users across Nigeria.
Who is a Moniepoint Aggregator or Agent?
A Moniepoint aggregator or agent is an individual or business that provides financial services on behalf of Moniepoint. As an aggregator or agent, you can offer services such as cash deposits, cash withdrawals, bill payments, airtime and data purchases, and fund transfers to anyone in need of these services.
To become a Moniepoint agent, you need to register with Moniepoint and undergo training on how to use the platform. Once you’ve completed the registration process and training, you will be authorized to provide financial services to users.
How to Become a Moniepoint Aggregator or Agent
Hope you’re enjoying this article. Now, becoming a Moniepoint aggregator or agent is easy as A, B, and C. Below are the steps you need to follow to become an Agent:
Step 1: Meet the Requirements
To become a Moniepoint aggregator or agent, you need to meet the following requirements, include
- You must be a Nigerian citizen or resident
- You must have a valid means of identification (National ID, Voter’s card, Driver’s license, or International passport)
- You must have a mobile phone
- You must have a physical location for your business
Step 2: Register with Moniepoint
This is the second step in the process of becoming an Agent or aggregator. To get registered with Moniepoint, you need to visit their official website and click on the “Become an Agent” button.
You will be required to provide your personal details such as your name, email address, phone number, and physical address.
After submitting your details, you will receive an email with instructions on how to complete your registration. You will be required to upload a scanned copy of your means of identification and a passport photograph.
Step 3: Attend Training
After completing your registration, you will be invited to attend a training session where you will learn how to use the Moniepoint platform.
The training covers topics such as how to deposit and withdraw cash, how to buy airtime and data, how to transfer funds, and how to resolve customer complaints. However, if you demonstrate that you can perform the above-mentioned functions, there is no need for training.
Step 4: Get Authorized
After completing the training, you will be required to take a test to assess your knowledge of the Moniepoint platform. If you pass the test, you will be authorized to provide financial services on behalf of Moniepoint.
Step 5: Start Earning
Once you passed the above four stages, you can now involve in transactions and earn commissions from that.
How to Make Money as a Moniepoint Aggregator or Agent
As a Moniepoint aggregator or agent, you can earn money in different ways some of which include:
- Commissions on Transactions: You will earn commissions on every transaction you process on behalf of Moniepoint. The commission rates vary depending on the type of transaction, but you can earn up to 2% of the transaction amount.
- Referral Bonus: You can earn a referral bonus for every new user that you refer to Moniepoint. The referral bonus is a percentage of the transaction fees that the user generates.
- Bonus on Volume: Moniepoint offers a bonus on volume to agents who process a high volume of transactions. The bonus amount varies depending on the transaction volume, but it can be a significant source of additional income.
Top 4 tips I used to make huge Success as a Moniepoint Aggregator or Agent early this year
I wish to share a personal testament about my success as an Agent of Moniepoint.
To be successful in this business, you need to provide perfect customer service and be committed to growing your business. Well, below are the 4 tips I used when I worked with Moniepoint as an Agent.
Wise up: Once you involve in this business, make sure you’re wise because so many fraudsters will come your way. Make sure you understand how the Moniepoint platform works and how to use it to provide financial services to your customers. Lest I forget, beware of fakes transfer.
Be Professional: Being professional is a way of branding your POS with your customers. Dress appropriately and maintain a professional demeanor when interacting with customers. Treat every customer with respect and provide fast and courteous service. This will help you in the long run.
Be Reliable: Make sure you are available to provide financial services to your customers during business hours. This will set you aside from others and with time, you will stand out.
Thanks for reading to this great end, that is all on how to become a Moniepoint Aggregator and Agent in Nigeria Today.
How much does Moniepoint charge for $10,000?
For 10,000 Naira, Monie Point Agent charges 500 Naira. Before this, the charge was 200 Naira.
How much is the limit of Moniepoint?
Currently, there is no more daily limit of 20,000 Naira on Moniepoint In Nigeria. You can withdraw as high as 1,000,000 Naira daily.
How much is the Moniepoint atm card?
Moniepoint physical ATM does not cost much as it appears. As of today, the current price for a Moniepoint ATM card is 1,500. You can kindly request this on your terminal and it will be delivered to you within 3 working days.