How to Become Moniepoint Aggregator and Moniepoint Agent

Wondering how to become Moniepoint aggregator and agent? Then this is for you!

Moniepoint is one of the leading financial technology companies in Nigeria.

It provides simple and secure financial services to Nigerians. 

The company offers various services such as fund transfers, airtime top-ups, bill payments, and cash withdrawals through a network of agents. 

Moniepoint also operates as a mobile money agent aggregator.

This enables people to start their businesses by becoming agents and earning commissions on transactions made through their platform. 

In this article, we will explore how to become Moniepoint aggregator and agent.

What is Moniepoint?

Moniepoint is a Nigerian-based fintech company that provides digital financial services.

They offer services such as money transfers, bill payments, airtime purchases, and agent banking services. 

The company was launched in June 2019 by the mobile payment firm, Softcom.

Moniepoint operates a network of agents spread across Nigeria who help customers to access financial services. 

The company’s goal is to provide affordable and accessible financial services to both urban and rural communities in Nigeria, thereby reducing financial exclusion and promoting financial inclusion.

The company has since grown to become one of the leading fintech companies in Nigeria. 

They have a network of over 15,000 agents across the country. 

Moniepoint has received several awards and recognition for its innovative financial services and contribution to financial inclusion in Nigeria.

Who is a Moniepoint aggregator and Agent?

Moniepoint is a mobile money platform that operates through a network of agents.

A Moniepoint aggregator and agent is a business that partners with Moniepoint to provide its services to customers. 

An aggregator or agent is an individual who facilitates transactions between users and the platform.

They provide a physical location for customers to transact at. 

The agents are usually small businesses in local communities. 

They help make Moniepoint services more accessible and convenient to customers.

Requirements to Become Moniepoint Aggregator and Agent

To become a Moniepoint agent, there are certain requirements that you must meet. These requirements are:

•  A valid means of identification 

You will need a valid means of identification such as a National ID card, Driver’s license, or International passport.

This means of identification serves as proof of your identity.

• A functioning smartphone 

You will need a smartphone that is compatible with the Moniepoint mobile app.

Regardless, this smartphone must have a secure and reliable internet connection.

•  A bank account 

You will need a valid bank account in your name to receive commissions from Moniepoint.

• Registration fee 

Also, You will need to pay a registration fee to become a Moniepoint agent.

Keep in mind that the registration fee ranges, so just make sure you have enough money for registration.

You could also try to contact agents of former staff to have an idea of payment.

• Physical address verification 

You will need to verify your physical address through a site visit by Moniepoint officials.

This means some Moniepoint agents will be mandated 

• Business Location 

You should have a suitable location for your business, such as a shop or kiosk.

Steps on How to Become Moniepoint Aggregator and Agent

Having discussed the requirements for becoming a Moniepoint agent, let us look at the steps you need to take to become one. 

The steps include:

1. Request for Becoming an Agent

Before you can become an agent, of course, you need to visit the Moniepoint platform.

Visiting the Moniepoint platform is of two inclusive methods:

1. Download the Moniepoint mobile app

You can download the Moniepoint mobile app from the Google Play Store or the Apple App Store.

This is dependent on your device and function.

1. Visit the Moniepoint website

Also, you could consider becoming a Moniepoint aggregator or agent by visiting their website.

This demands you visit https://moniepoint.com.

You can then proceed to click on the “Become an Agent” link at the top of the page.

2. Register as an agent

Once you have downloaded the app, you can register as an agent.

This requires you to provide your details and upload your means of identification.

3. Fill out the application form

Once you have clicked on the “Become an Agent” link, you will be taken to a page where you must fill out an application form.

However, This form must be filled with your personal details and business information.

This will be used to consider if you are suitable for the job on how to become Moniepoint aggregator and agent. 

4. Pay the registration fee

After completing the registration form, you will be asked to pay a registration fee.

The registration fee isn’t fixed and changes from time to time.

However, the registration fee required will be stated at the bottom of the supposed registration form.

5. Submit the application form

After filling out the application form, and paying the registration fee, click on the “Submit” button at the bottom of the page.

6. Wait for approval

Moniepoint will review your application and contact you within 48 hours.

This is when you will be informed and know if you have been approved as an agent or not.

7. Attend training

If your application is approved, you will be required to attend a training session where you will learn about Moniepoint’s services.

Furthermore, you will be taught how to use their platform, and how to market their products.

8. Get started

Once your training is complete, you will be ready to start offering Moniepoint services to customers. 

Moreover, you start to receive commissions from Moniepoint on a job well done!

Related post: How to Open an Account With Moniepoint in Simple Steps

Benefits of Becoming a MoniePoint Aggregator

There are so many benefits attached to becoming a MoniePoint Aggregator and agent.

Some of which include:

• Increased Revenue

As a MoniePoint Aggregator, you will be able to earn a commission on every transaction carried out through your platform. 

This can help increase your revenue significantly as you earn a lot for a living.

• Expanded Services

With you being a MoniePoint Aggregator and agent, you will be able to offer a wide range of services to your customers.

You could render services including bill payments, airtime top-ups, and fund transfers.

•  Ease of Use

The MoniePoint Aggregator platform is designed in such a way that is very easy to use.

It’s designed with a simple and intuitive interface that makes it easy for your customers to carry out transactions.

• Reliable Support

The MoniePoint team provides reliable support to all its aggregators and agents. They ensure that any issues are resolved quickly and efficiently.

• Competitive Salaries

MoniePoint offers competitive salaries to its aggregators, making it a lucrative business opportunity to go for.

• Access to a Large Customer Base

MoniePoint has a large customer base across Nigeria.

This means that as an aggregator, you will be able to tap into this network and grow your business around Nigeria.

See more: Carbon Loan App Review 2023: How To Get A Low Interest Rate Loan Right Now

Final Note on How to Become Moniepoint Aggregator and Agent

Learning how to become Moniepoint aggregator and agent requires a process of registration.

It also requires training and compliance with the company’s policies and guidelines.

You also need to have good communication skills and basic knowledge of technology.

Moreso, You also need to be capable of managing the business successfully that’s why there is training attached. 

Make good use of this manual and get your business plan sorted out on how to become Moniepoint aggregator and agent.

Keep your customers, goals, and objectives in mind.

Also, continue to refine your competitive benefit so that your prestige grows. 

Frequently Asked Questions on How to Become Moniepoint Aggregator and Agent

How can I find a MoniePoint agent location?

You can visit the MoniePoint website to locate a Moniepoint headquarter near you.

When you visit the website, use the agent locator tool.

This helps you find the nearest MoniePoint agent location in your area.

Are there any benefits related to becoming a MoniePoint Agent?

A lot of benefits are attached to being a MoniePoint aggregator and agent.

One of the benefits is You get permitted to provide payment services to customers.

Another benefit is you get to earn commissions on every transaction processed. 

Also, you get provided the opportunity to enhance your business and reach a larger customer base.

How do I learn to use Moniepoint?

Accessing and using the Moniepoint platform is quite easy.

All you need is to locate the nearest Moniepoint agent and provide the necessary details for the service you want to render.

Furthermore, Moniepoint has a user-friendly interface.

This user-friendly interface allows customers to complete transactions quickly and easily.

Is Moniepoint secure to use?

Moniepoint is very secure to use.

They ensure customer transactions and information are not leaked to third parties and are always security conscious of their service.

Does Moniepoint offer customer care service and support?

Moniepoint offers customer care service and support to users of their service.

The customer care service and support are available 24/7 and can be contacted through various means.

You could contact their customer service by employing a phone to call their customer care line.

You could also contact the service by sending an email, and social media. 

Moreover, You could visit a Moniepoint headquarter to speak with a customer support representative in person.