Home Finance How to Block Moniepoint Account When Phone is Stolen

How to Block Moniepoint Account When Phone is Stolen

Losing your phone can be a stressful and frustrating experience, especially if it contains sensitive information or important accounts. One of these accounts could be your Moniepoint account, a popular mobile money platform in Nigeria. If your phone is stolen, it is important to act quickly and secure your Moniepoint account to prevent any unauthorized access or transactions. In this blog post, we will discuss the steps you can take to block your Moniepoint account when your phone is stolen. By following these steps, you can ensure the safety of your account and avoid any potential financial loss.

Contact Moniepoint Customer Support

Once your phone goes missing and your moniepoint account is logged in on the phone, the first thing you should do is to contact moniepoint customer support 

Their team is available to assist you and can take the necessary steps to secure your account and prevent any unauthorized access or transactions. 

To reach Moniepoint customer support, you can call their helpline at 09078675689 or send them an email at [email protected]. When contacting them, be sure to provide them with your account details and inform them that your phone has been stolen. 

They will guide you through the process of blocking your account and ensuring its security.

Remember, acting swiftly is key in situations like this. By contacting Moniepoint customer support as soon as possible, you can minimize the risk of any financial loss and regain control of your account.

Change Your Moniepoint Password

In order to further secure your Moniepoint account after your phone is stolen, it is crucial to change your password as soon as possible. By doing so, you can prevent any unauthorized access to your account and ensure the safety of your personal information and funds. Changing your password is a relatively simple process that can be done through the Moniepoint app or website.

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To change your Moniepoint password, log in to your account and navigate to the settings or account section. Look for the option to change your password and follow the prompts to create a new one. When choosing a new password, make sure it is strong and unique, using a combination of letters, numbers, and symbols. 

Avoid using easily guessable information such as your name, birthdate, or common phrases.

After changing your password, be sure to log out of any other devices that may be connected to your Moniepoint account. This will help prevent any lingering access to your account from the stolen phone or any other unauthorized device. Remember to also update your password in any other applications or accounts that may use the same login credentials to further enhance your security.

By changing your Moniepoint password promptly, you can add an extra layer of protection to your account and minimize the risk of any unauthorized activity. It is an essential step in the process of securing your Moniepoint account after your phone is stolen.

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Monitor Your Moniepoint Account

After you have blocked your Moniepoint account and changed your password, it is important to actively monitor your account for any suspicious activity. Keep a close eye on your transaction history and account balance to ensure that there are no unauthorized transactions or withdrawals.

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If you notice any unfamiliar or suspicious activity, immediately contact Moniepoint customer support to report the issue. They can investigate the situation further and take the necessary steps to secure your account and minimize any potential financial loss.

In addition to monitoring your account, consider setting up notifications or alerts for your Moniepoint account. This way, you will receive instant updates on any transactions or changes to your account, allowing you to quickly respond to any potential security breaches.

Remember, prevention is key. By actively monitoring your Moniepoint account, you can take proactive steps to protect your financial information and ensure the safety of your funds. Stay vigilant and stay informed to safeguard your account from unauthorized access or fraudulent activity.

FAQS

What is USSD code for MoniePoint?

The USSD code for MoniePoint is *8877#.

Who owns MoniePoint?

MoniePoint is owned by Kudimoney MFB Limited, a financial technology company that is licensed by the Central Bank of Nigeria (CBN).

How do I create a MoniePoint account?

To create a MoniePoint account, you can follow these steps:

  1. Dial *8877# on your mobile phone.
  2. Select the “Create account” option.
  3. Enter your personal information, such as your name, phone number, and date of birth.
  4. Create a PIN for your account.
  5. Confirm your account details.

Once you have created your account, you will be able to use MoniePoint to perform a variety of financial transactions, such as cash deposits and withdrawals, airtime recharge, bill payments, and money transfers.

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Which bank owns Moniepoint?

MoniePoint is not owned by any specific bank. It is a mobile wallet that is licensed by the Central Bank of Nigeria (CBN).

How do I unlock my Moniepoint account?

To unlock your MoniePoint account, you can follow these steps:

  1. Dial *8877# on your mobile phone.
  2. Select the “Unlock account” option.
  3. Enter your account PIN.
  4. Confirm your account details.

Your account will be unlocked once you have completed these steps.

If you have forgotten your account PIN, you can reset it by following these steps:

  1. Dial *8877# on your mobile phone.
  2. Select the “Forgot PIN” option.
  3. Enter your phone number.
  4. You will receive an OTP via SMS. Enter the OTP to verify your identity.
  5. Create a new PIN for your account.
  6. Confirm your new PIN.

Your account PIN will be reset once you have completed these steps.

Conclusion 

In this blog post, we have discussed the important steps you can take to block your Moniepoint account when your phone is stolen. Losing your phone can be a distressing experience, but by acting swiftly and following the steps outlined here, you can protect your Moniepoint account from unauthorized access and potential financial loss. 

By following these steps, you can take control of the situation, protect your Moniepoint account, and minimize the risk of financial loss. Remember to always stay vigilant and proactive when it comes to securing your accounts and personal information.

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