Moniepoint Fake Transfer & Payment Alert: How to be Safe

Moniepoint is a leading Nigerian fintech company that provides financial solutions for businesses. They offer a suite of products and services that help businesses accept payments, manage their finances, and grow their operations. Moniepoint is one of the largest fintech companies in Nigeria, with a network of over 120,000 agents. 

Scammers have devised a cunning scheme to deceive Moniepoint users. They create fake transfer notifications that appear identical to genuine Moniepoint alerts, informing the recipient of a successful transaction. These notifications often include details such as the transaction amount, sender's name, and reference number, making them highly believable.

To further enhance their deception, scammers may also send fake payment alerts, mimicking the push notifications that Moniepoint users receive upon completing a transaction. These alerts, too, bear the Moniepoint logo and resemble authentic notifications, making it difficult to distinguish them from genuine ones.

This blog post will cover Moniepoint Fake Transfer & Payment Alert: How to be Safe.

What is Moniepoint Fake Transfer & Payment Alert

Moniepoint fake transfer and payment alerts are a common tactic used by scammers to trick users into believing that they have received or sent money. These alerts can appear very convincing, often mimicking the official Moniepoint messaging format and logos. 

However, they are ultimately fraudulent and aim to deceive individuals into revealing sensitive personal information or taking actions that could compromise their accounts.

How to Identify Moniepoint Fake Transfer & Payment Alert

Identifying Moniepoint fake transfers and payment alerts requires careful observation and attention to detail. They include:

  • Verify the Sender's Phone Number: Check the sender's phone number displayed in the notification against your expected sender's contact information. If the phone number doesn't match, proceed with caution.
  • Double-check the Transfer Amount: Compare the transfer amount mentioned in the notification to the actual amount agreed upon with the sender. If there's any discrepancy, it could be a red flag.
  • Validate the Reference Number: Verify that the reference number provided in the notification matches the reference number generated during the actual transaction. If the reference numbers don't align, it's likely a scam.
  • Cross-check with Moniepoint Account: Don't rely solely on notifications. Always log in to your Moniepoint account and check the transaction history directly to confirm the transfer's authenticity.
  • Scrutinize the Notification's Language: Scammers may use unprofessional or grammatically incorrect language in their fake notifications. Genuine Moniepoint notifications typically adhere to proper language standards.
  • Beware of Urgent Requests: Scammers often create a sense of urgency to pressure you into acting quickly without thinking clearly. Be wary of notifications that demand immediate action or threaten consequences if you don't respond promptly.

Moniepoint Fake Transfer & Payment Alert: How to be Safe

To protect yourself against these fraudulent activities, consider implementing the following strategies:

Verify Through Official Channels

Whenever you receive a transaction notification, whether through SMS, email, or push notification, it's essential to verify its authenticity through official Moniepoint channels. This includes:

The Moniepoint app: Download and install the Moniepoint app from the official app store, and log in using your registered credentials. Check your transaction history to confirm whether the notification matches an actual transaction.

Moniepoint website: Visit the official Moniepoint website and log in to your account. Access your transaction history to verify the authenticity of the notification.

Moniepoint app: Visit the official Moniepoint app and log in to your account. Access your transaction history to verify the authenticity of the notification.

Cross-Check Account Balances

Don't solely rely on transaction notifications to check your account balance. Take the time to cross-check your balance.

Evaluate Credit Alerts

Scrutinize credit alerts to ensure they align with your available balance and match payments made by customers or buyers. If discrepancies arise, exercise caution before taking any further actions.

Guard Your Personal Information

Your personal information is important. Never share your bank account details or personal information with unknown individuals, whether through email, phone calls, or social media. Cybercriminals often use these details to tailor convincing fake alerts.

Stay Informed

Keep yourself updated about common scams and tactics used by fraudsters. Awareness is a powerful defense, and staying informed can help you recognize potential threats.

Protect Your Moniepoint Account

Guard your Moniepoint login credentials carefully, do not share them with anyone, and regularly change your password. Enable two-factor authentication (2FA) for an added layer of security.

Report Suspicious Activity

If you encounter any suspicious activity or suspect a scam, report it immediately to Moniepoint customer support. Prompt reporting can help prevent others from falling victim to the same scam.


How safe is Moniepoint?

Moniepoint is committed to providing a secure and reliable platform for its customers. The company employs various security measures to protect its users' data and transactions

What is the transaction limit for Moniepoint?

Moniepoint's transaction limits vary depending on the transaction type and the customer's verification level. 

What are the payment methods for Moniepoint?

Moniepoint accepts a variety of payment methods, including:

  • Cash: You can accept cash payments in person at your business location.
  • Cards: Moniepoint supports card payments via Visa, Mastercard, and Verve.
  • Mobile money: You can accept mobile money payments from MTN Mobile Money, Airtel Money, and Glo Mobile Money.
  • Bank transfers: Customers can make bank transfers to your Moniepoint account directly from their bank accounts.

What is Moniepoint?

Moniepoint is a Nigerian fintech company that provides payment and banking solutions for businesses. It offers a variety of products and services, including point-of-sale (POS) terminals, online payment gateways, and microfinance banking services.

How do I create a Moniepoint account?

To create a Moniepoint account, you can visit the Moniepoint website or download the Moniepoint app. You will need to provide your personal information, such as your name, phone number, and email address. You will also need to create a password and verify your identity.

What are Moniepoint fake alerts?

Moniepoint fake alerts are fraudulent notifications that mimic genuine Moniepoint transaction alerts. They are designed to deceive users into believing they have received a payment or transfer, when in reality, no such transaction has occurred.

How do Moniepoint fake alerts work?

Scammers often use phishing techniques to send fake alerts that appear identical to genuine Moniepoint notifications. These alerts may include details such as the transaction amount, sender's name, and reference number, making them highly believable.

What are the risks of falling for Moniepoint fake alerts?

Falling for Moniepoint fake alerts can lead to significant financial losses. 


Moniepoint, a leading Nigerian fintech, has transformed business payments and financial management with its user-friendly POS terminals, online gateways, and microfinance banking. Amid the rise of online transactions, Moniepoint users must be cautious and adopt protective measures to guard against fraud.

No comments

Powered by Blogger.