The Moniepoint POS machine has a one-time cost of N21,500 which covers the terminal itself, logistics fees, and an insurance fee for the first year.
How Much is Moniepoint POS?
The Moniepoint POS machine is priced at ₦21,500 . Pay once, and it's yours with no extra charges. There are no ongoing maintenance fees. The POS terminal cost ₦10,000, Logistic fee is also ₦10,000 and Insurance fee incurs for the remaining ₦1,500. To request the POS machine, you'll need to create a Moniepoint Business Account . Once you become an agent, you can request for the POS Machine and empower your business with cashless transactions. Moniepoint POS Machine's Transaction Fees For withdrawals, the fees are structured as follows: for amounts ranging from ₦1 to ₦20,000, there is a 0.5% fee of the transaction amount. For withdrawals exceeding ₦20,000, a flat fee of ₦100 is applied. Transfers, on the other hand, incur a flat fee of ₦20, applicable to transfers to any bank in Nigeria . More so, Airtime top-ups have a 2% transaction fee for all networks and Bill payments are free of charge on the POS terminal. How much does Moniepoint Charge for ₦10,000? For a withdrawal transactio…
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