How to Open a Moniepoint Account: A Step-by-Step Guide

MoniePoint account

Moniepoint is a popular mobile money platform in Nigeria that allows users to carry out various financial transactions conveniently. From fund transfers to bill payments, Moniepoint provides a seamless and secure way to manage your money on-the-go. If you are looking to open a Moniepoint account, this comprehensive guide will walk you through the step-by-step process.

What is Moniepoint?

Moniepoint is a mobile money platform that enables users to perform a wide range of financial transactions using their smartphones. With its user-friendly interface and extensive network of agents, Moniepoint has become a trusted and popular choice for individuals and businesses alike.

Step-by-Step Guide to Opening a Moniepoint Account

Now, let’s dive into the step-by-step process of opening a Moniepoint account:

Step 1: Download the Moniepoint App

To get started, download the Moniepoint app from the Google Play Store or Apple App Store. The app is available for both Android and iOS devices. Ensure that you download the official Moniepoint app to guarantee a safe and secure experience.

Step 2: Register on the App

Once you have downloaded the app, open it and click on the “Register” or “Sign Up” button to begin the registration process. You will be prompted to provide your phone number, email address, and create a strong password. Ensure that the phone number you provide is active and accessible as it will be used for verification.

Step 3: Verify Your Phone Number

After providing the necessary information, a verification code will be sent to the phone number you provided. Enter the code in the app to verify your phone number. This step is crucial to ensure the security of your account and prevent unauthorized access.

Step 4: Provide Your Personal Information

Next, you will be required to provide some personal information, including your full name, date of birth, and address. Ensure that all information provided is accurate and up-to-date.

Step 5: Create a Transaction PIN

To add an extra layer of security, create a transaction PIN. This PIN will be required whenever you perform a financial transaction on the Moniepoint platform. Choose a PIN that is easy for you to remember but difficult for others to guess.

Step 6: Set Up Security Questions

In addition to the transaction PIN, you will be asked to set up security questions. These questions will serve as an additional security measure for account recovery and verification.

Step 7: Agree to the Terms and Conditions

Before proceeding, review the terms and conditions of the Moniepoint platform. If you agree with the terms, click on the “Agree” or “Accept” button to proceed with the account registration.

Step 8: Fund Your Moniepoint Account

After successfully registering your Moniepoint account, you can proceed to fund it. You can do this by depositing cash at any Moniepoint agent location or transferring funds from your bank account to your Moniepoint account.

Step 9: Start Using Your Moniepoint Account

Once your account is funded, you can start using your Moniepoint account for various financial transactions. These include money transfers, bill payments, airtime top-ups, and much more. The app’s user-friendly interface makes it easy to navigate and perform transactions seamlessly.

Banktips NG provides more guides on Fintech solutions in Nigeria. 


Opening a Moniepoint account is a straightforward process that gives you access to a wide range of financial services at your fingertips. With this comprehensive guide, you can confidently create your Moniepoint account and take advantage of the convenience and security that the platform offers.

Please note that specific procedures and requirements may be subject to change, and we recommend visiting the official Moniepoint website or contacting their customer support for the most up-to-date information.



Written by Agos Kosi

Years Of Membership

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