Home Business How to Become Moniepoint Aggregator and Moniepoint Agent and Make Money

How to Become Moniepoint Aggregator and Moniepoint Agent and Make Money

Mobile payment platform has evolved significantly, empowering individuals to take advantage of innovative technologies for financial transactions. 

As a leading mobile payment solution in Nigeria, Moniepoint offers individuals the opportunity to become Aggregators and Agents, enabling them to play a pivotal role in facilitating seamless financial transactions and driving financial inclusion.

If you’re intrigued by the idea of becoming a Moniepoint Aggregator or Agent and want to explore the possibilities it offers, this comprehensive guide will walk you through the process and provide insights into the steps involved, the benefits you can expect, and the requirements to embark on this exciting entrepreneurial journey.

Whether you’re an existing business owner looking to expand your services or an aspiring entrepreneur seeking new opportunities, this guide will equip you with the necessary information to understand the role of a Moniepoint Aggregator and Agent and how to get started. You’ll discover the benefits of joining the Moniepoint network, the functions and responsibilities of Aggregators and Agents, and the potential for growth and profitability in this dynamic field.

From the initial registration process to setting up your business operations, managing transactions, and providing excellent customer service, this guide will provide valuable insights and practical tips to help you navigate the Moniepoint ecosystem effectively. We’ll also delve into the requirements, training programs, and support systems in place to ensure your success as a Moniepoint Aggregator or Agent.

As you embark on this journey, it’s essential to grasp the transformative power of mobile payments and the role you can play in driving financial inclusion and revolutionizing the way people transact in Nigeria. By becoming a Moniepoint Aggregator or Agent, you will have the opportunity to contribute to the digital financial revolution while building a sustainable and rewarding business.

About Moniepoint

Moniepoint stands as a prominent force in the realm of mobile payments within Nigeria, offering individuals a seamless and secure method to conduct various financial transactions. As a subsidiary of e-Settlement Limited, a licensed Payment Terminal Service Provider regulated by the Central Bank of Nigeria, Moniepoint operates with the highest level of compliance and credibility.

Distinguished by its comprehensive suite of services, Moniepoint enables users to effortlessly send and receive money, pay bills, recharge airtime, and engage in other vital financial activities, all through their mobile devices. The platform’s strength lies in its expansive network of agents and aggregators, strategically positioned to provide widespread accessibility to users throughout the country.

For enterprising individuals seeking business opportunities, Moniepoint extends the option to become an aggregator or agent. By taking on these roles, individuals can tap into the vast potential of the platform to offer financial services to customers, while simultaneously earning commissions on transactions. Aggregators, acting as crucial intermediaries, connect agents to the Moniepoint platform, while agents directly engage with customers, facilitating transactions, and delivering top-notch customer support.

Moniepoint’s commitment to innovation and user satisfaction has propelled it to the forefront of the mobile payment landscape in Nigeria. With its user-friendly interface, robust features, and reliable infrastructure, Moniepoint continues to redefine the way Nigerians engage in financial transactions, empowering individuals and businesses alike with the convenience and security they need in today’s digital era.

Apply Now:  10 Business Ideas for Students in Nigeria

Read Also: 7 Best Refer and Earn Money Online Apps in Nigeria

Who Is A Moniepoint Aggregator 

A Moniepoint Aggregator plays a pivotal role as a facilitator within the Moniepoint ecosystem. Acting as a bridge between Moniepoint and its extensive network of agents, the aggregator assumes the responsibility of building and nurturing the agent base.

In essence, the aggregator serves as a catalyst for expansion, working diligently to recruit and onboard agents onto the Moniepoint platform. This involves identifying potential agents, introducing them to the benefits and opportunities offered by Moniepoint, and guiding them through the registration and training processes.

Beyond the initial onboarding, the aggregator maintains a vital connection with the agents, acting as a key point of contact for support, training, and addressing any concerns or issues that may arise. They serve as a conduit of information, relaying updates, promotions, and new features from Moniepoint to the agents, ensuring they are equipped with the knowledge and resources needed to excel in their roles.

By building a strong network of agents, the aggregator contributes to the growth and success of Moniepoint. They actively collaborate with Moniepoint to drive customer acquisition, increase transaction volumes, and enhance the overall user experience. Through effective communication, training programs, and ongoing engagement, the aggregator nurtures a symbiotic relationship between Moniepoint, the agents, and the customers they serve.

Who is A Moniepont Agent? 

A Moniepoint Agent assumes a pivotal role as a trusted representative of the Moniepoint platform, delivering essential financial services to customers and fostering financial inclusion. With a deep understanding of the local market and a commitment to customer satisfaction, Moniepoint Agents serve as the face of the platform in their communities, providing a range of services to meet the diverse needs of their customers.

Here are some of the key roles and responsibilities of a Moniepoint Agent:

  1. Cash-In and Cash-Out: Agents facilitate the deposit (Cash-In) and withdrawal (Cash-Out) of funds for customers, allowing them to convert physical cash into electronic money and vice versa. This service enables customers to access their funds conveniently and securely.
  2. Fund Transfers: Agents facilitate person-to-person (P2P) and person-to-business (P2B) fund transfers. Customers can send money to family and friends or make payments for goods and services through their Moniepoint Agent.
  3. Bill Payments: Agents play a crucial role in enabling customers to conveniently pay their utility bills, such as electricity, water, and cable TV. This service saves customers time and effort by offering a one-stop solution for their bill payment needs.
  4. Airtime and Data Top-ups: Moniepoint Agents offer the convenience of airtime and data top-ups, allowing customers to recharge their mobile phones and stay connected.
  5. Agent-Assisted Registration: Agents assist customers in registering for Moniepoint services, ensuring a smooth onboarding process and providing guidance on how to use the platform effectively.
  6. Customer Support: Agents act as the primary point of contact for customer inquiries, concerns, and issue resolution. They provide prompt and reliable customer support, ensuring a positive user experience.
Apply Now:  How To Make Money On Chipper Cash In Various Ways

Moniepoint Agents contribute to the financial well-being of their communities, bridging the gap between traditional and digital financial services. They enable individuals, households, and businesses to access a wide range of financial transactions conveniently, securely, and at their doorstep.

How To Become Moniepoint Aggregator

Becoming a Moniepoint Aggregator is an exciting opportunity that starts with a simple process of reaching out to Moniepoint directly. Here’s a user-friendly guide on how to become a Moniepoint Aggregator:

  1. Get to Know Moniepoint: Take some time to learn about Moniepoint and what they offer. Explore their website, understand their services, and the benefits of becoming an aggregator. This will help you make an informed decision.
  2. Reach Out to Moniepoint: Contact Moniepoint through their official website or customer support channels. Let them know about your interest in becoming an aggregator and ask for guidance on the application process.
  3. Provide Required Information: Moniepoint will guide you through the application requirements. They may ask for personal identification documents, proof of address, and bank account details. Be prepared to provide the necessary information to complete your application.
  4. Attend Training and Orientation: Once your application is approved, Moniepoint may provide training and orientation sessions. These sessions will help you understand how to effectively operate as an aggregator, use their platform, and serve your agents and customers.
  5. Set Up Your Infrastructure: As an aggregator, you’ll need to set up your office or operational space. Ensure you have the necessary equipment like computers and internet connectivity. Also, prioritize security measures to protect your agents’ and customers’ information.
  6. Recruit and Support Agents: Start recruiting agents to join your network. Share the benefits of partnering with Moniepoint and the earning potential. Guide them through the registration process and offer ongoing support and training to help them succeed.
  7. Maintain a Strong Relationship: Stay connected with Moniepoint to stay informed about new services, promotions, and updates. Regular communication with Moniepoint will help address any concerns, seek guidance, and provide valuable feedback.
  8. Foster a Collaborative Environment: Support your network of agents by offering continuous training, assistance, and troubleshooting. Share best practices and marketing strategies to help them excel. Encourage collaboration among agents to foster a supportive community.

By following these user-friendly steps, you can start your journey as a Moniepoint Aggregator.

How To Become A Moniepoint Agent 

To become a Moniepoint Agent, you will need to provide the following documents and follow the outlined procedures:

  1. Full Name: Provide your full legal name as it appears on your identification documents.
  2. Date of Birth: Provide your date of birth for age verification purposes.
  3. State of Origin: Specify your state of origin, indicating the state where you were born or have ancestral ties.
  4. BVN: Provide your Bank Verification Number (BVN), which is a unique identification number linked to your bank account.
  5. Phone Number: Share a valid phone number where Moniepoint can reach you for communication and updates.
  6. Utility Bill: Submit a recent utility bill (e.g., electricity bill, water bill) as proof of your residential address.
  7. Passport: Provide a clear and recent passport-sized photograph of yourself.
  8. NIN Slip: Submit a copy of your National Identification Number (NIN) slip, which serves as an official identification document in Nigeria.
  9. Resident Address: Provide your current residential address, including street name, city/town, and state.
  10. Next of Kin Address: Provide the address of your next of kin, which serves as an emergency contact.
Apply Now:  How to Generate Pin + Token for Zenith Bank without Hardware

Once you have gathered the necessary documents, you have two options to register as a Moniepoint Agent:

Option 1: Visit the Nearest Moniepoint Aggregator Office

  • Locate the nearest Moniepoint Aggregator Office.
  • Request a Moniepoint registration form.
  • Fill in all the required information accurately.
  • Pay the designated fee (typically N20,000) for the Moniepoint Terminal/POS.

Option 2: Register via the Moniepoint Mobile App

  • Download the Moniepoint Mobile app from your app store.
  • Sign up for a new account.
  • Provide all the necessary information as prompted during the registration process.
  • Follow the app instructions to complete your registration.

Regardless of the registration method chosen, it is important to ensure that all the information provided is accurate and up to date. Once registered, you can start offering Moniepoint’s services and contribute to financial inclusion in your community.


What is the benefit of POS aggregator?

The benefit of a POS aggregator is that it simplifies payment processing for merchants by offering a unified platform to accept multiple payment methods, providing access to various payment options, and potentially reducing transaction fees.

How much does Moniepoint charge for $10,000?

Moniepoint’s specific transaction fees for $10,000 may vary, and it’s recommended to contact Moniepoint directly or refer to their official website for the most accurate and up-to-date fee information.

Which bank owns Moniepoint POS?

Moniepoint is not owned by a specific bank. It is a fintech company that provides POS services and operates independently of any particular bank.

Who are POS aggregators?

POS aggregators are intermediaries that consolidate payment transactions from various merchants and route them to payment processors. They enable merchants to accept multiple payment methods through a single point of contact.

How do you become an aggregator?

The process to become a POS aggregator may vary depending on the specific requirements of the aggregator. Generally, it involves establishing partnerships with payment processors, setting up the necessary infrastructure, and complying with industry regulations. 

It’s advisable to research and contact potential aggregator companies directly to inquire about their specific requirements and procedures for becoming an aggregator.


In conclusion, becoming a Moniepoint Aggregator or Agent can open up exciting opportunities in the financial services industry. As an aggregator, you can act as an intermediary between merchants and payment processors, providing them with a unified platform for seamless payment processing. 

As an agent, you can offer Moniepoint’s services to merchants, contributing to financial inclusion and facilitating convenient transactions in your community.

Leave a Reply