Money Point Bank & Loan Guide icon

Money Point Bank & Loan Guide

Alwais
Free
50+ downloads

About Money Point Bank & Loan Guide

Money point is a financial or banking guide platforms for personal and businesses tips. It provides guide of payment services, banking, credit, and business management tools. It supports businesses and helps business owners to access full-service technological solutions to grow, manage, and protect their businesses. It was formerly known as TeamApt.

Money Point is a guide app of Monie point that an African agent-based money transfer company and banking platform that uses independent contractors (agents) who use a point-of-sale (POS) device to record transactions. Money point main device to carry out banking transactions just like other companies such as OPay, Access Clossa, UBA, Kudi, MoMo Agent, etc.

Have you been looking for a way to get Monie point POS and you haven’t been able to get one? This Money Point app guide you to apply for one. These POS devices are given to agents who have been licensed and at the same time vetted in a rigorous Know Your Customer (KYC) process.

Money point and other POS merchants across Nigeria have put measures in place to ensure the security of these devices. Money point’s mission is to provide guideline for employment to many youths who are out of employment by giving them the opportunity to become a “mini-bank” in which anyone around their vicinities can easily walk up to them and carry out transactions as they would in the banks. Money point Bangking is initiative launched by a startup Fintech company in Nigeria and currently investing in order to expand to other parts of Africa.

Things To Know about Money point Bangking guide service

1. Money point POS is not for sale I.e ( It remain the property of the company)

2 Pos Terminals Purchased On “RENT” Are Expected To Be In Use Daily, Else It’ll Be Retrieved From The Agent

3. Money point guide Daily target is 50k withdrawal per day, from Monday to Saturday. Or weekly performance must not go below 150k or else the pos will be retrieved from you.

4. Agent must agree to return the pos when not in use anymore (incase if agent quit pos bussiness or any other financial problem).

5. Refund of POS when returned back is 10,000 naira

With a sum of N26,500 (twenty thousand Naira only), you can get a Money point POS device within 24-48 hours.

What are the Money point POS charges and commission structure?
The volume of transactions via the terminal determines the charges by Money point POS. But as a starter guide, here are not of the commissions and charges by Money point POS.
With withdrawals between N1-N20,000, Money point POS charges only 0.5% of the transaction amount.
For transactions above N20,000, Money point charges a flat rate of N100(charges may change at any time.
For transfers, Money point POS charges a flat rate of N20 for transfers.

For Data Top Up:
MTN 3% commission
Glo 4% commission
9Mobile 4.5% commission
Airtel 4% commission

One benefit you will get with Money point POS that you won’t find anywhere is that you’ll be added to a WhatsApp group of agents like you to share ideas/challenges and help you grow in no time.

Disclaimer:
This app is not claiming any brand etc. it’s just for help purpose.

Money Point Bank & Loan Guide Screenshots