How To Upgrade Your Moniepoint Account Easily

Moniepoint is a leading fintech company operating in emerging markets, specializing in providing financial solutions for businesses. Founded in 2015, Moniepoint has quickly established itself as a major player in the financial landscape, boasting a massive network of agents and merchants and processing billions of dollars in transactions monthly.

They offer:

  1. All-in-one payments, banking and operations platform: Accept payments seamlessly through various channels, manage financial transactions, access business loans, and receive insights to optimize your operations.
  2. Increased reach and customer base: Access a vast network of agents and merchants, extending your reach and attracting new customers.
  3. Simplified financial management: Streamline your financial operations with user-friendly tools and integrations.
  4. Flexible and affordable solutions: Choose from a range of plans tailored to meet the specific needs of your business.
  5. Access to financial services: Get access to loans, savings accounts, and other financial services to help your business grow.

Are you a Moniepoint user looking to unlock more features and benefits? Feeling limited by your current account level? Well, worry no more! Upgrading your Moniepoint account is easier than you think, and this blog post will delve into How To Upgrade Your Moniepoint Account Easily.

Benefits of Upgrade Your  Moniepoint  Account Easily

Similar to upgrading other financial accounts, upgrading your Moniepoint account unlocks a world of benefits and advantages. They include:

Higher Transaction Limits: No more feeling limited! Upgrading your Moniepoint account increases your transaction limits, allowing you to process larger sums of money with ease. This is perfect for businesses handling high volumes or individuals dealing with significant amounts.

Enhanced Services: Get access to a treasure trove of advanced features and services with an upgraded account. This includes performing diverse financial transactions, utilizing additional payment methods, and enjoying superior customer support options.

Increased Credibility: An upgraded Moniepoint account instantly elevates your credibility before both customers and partners. This is especially beneficial for businesses, fostering trust and confidence in your clients and collaborators.

More Security: Upgraded accounts come equipped with advanced security features and options. These measures safeguard your account from unauthorized access and fraudulent activities, giving you peace of mind knowing your funds are secure.

Prioritized Support: Upgraded account holders enjoy the luxury of priority customer support. This means faster issue resolution and a smoother user experience, allowing you to focus on what matters most.

How To Upgrade Your Moniepoint Account Easily

Open Your Moniepoint App: Ensure you have the Moniepoint app downloaded and installed on your device. If not, head to your app store and download it using your credentials. Once in, you'll be greeted by your Moniepoint dashboard.

Locate the "Upgrade" Option: Your dashboard holds the key to unlocking an enhanced Moniepoint experience. Look for the "Upgrade" option, your gateway to a world of additional features and benefits.

Tap "Upgrade": With a simple tap on the "Upgrade" option, you'll initiate the upgrade process, setting you on your way to a more powerful Moniepoint account.

Select Your Identification Document: Next, you'll need to choose which type of identification document you'd like to use. Moniepoint accepts various forms of ID, including National ID cards, Driver's Licenses, and International Passports.

Enter Your ID Number: Once you've selected your ID type, carefully enter your corresponding ID number. Double-check the information for accuracy before proceeding.

Upload a Photo of Your ID: For verification purposes, Moniepoint will require you to upload a clear and legible photo of your chosen ID document. Ensure the image captures all the necessary details.

Submit Your Request: After uploading your ID photo, you're ready to submit your upgrade request. Moniepoint will meticulously review your submission to ensure it meets their requirements.

Wait for Confirmation: Moniepoint will promptly review your upgrade request and provide confirmation within a short timeframe. Be patient and keep an eye on your notifications for updates.

Enjoy Enhanced Features and Benefits: Once your account upgrade is approved, you'll gain access to a wealth of additional features and capabilities offered by Moniepoint. These may include higher transaction limits, access to exclusive services, and more, depending on your chosen account type.

Requirements to Upgrade Your  Moniepoint Account Easily

Here are the requirements to upgrade your  moniepoint account:

  1. Valid government-issued ID: This could be a National ID card, Driver's License, or International Passport.
  2. Proof of address: Provide a utility bill, bank statement, or any other document confirming your residential address.
  3. Functional phone number: This number will be used for verification and important updates.
  4. Active Moniepoint account: You must have an existing Moniepoint account in good standing.
  5. Moniepoint app: Download and install the Moniepoint app on your device to access the upgrade process.
  6. Minimum deposit amount: Some upgrade tiers require a minimum deposit to be made into your account.
  7. Completion of KYC (Know Your Customer) process: This involves providing additional information and documentation to verify your identity and business (if applicable).


What are the requirements for upgrading my account?

The general requirements for upgrading your Moniepoint account include:

  1. Valid government-issued ID
  2. Proof of address
  3. Active Moniepoint account
  4. Functional phone number
  5. Moniepoint app (latest version)
  6. Additional requirements may apply depending on the chosen upgrade tier, such as minimum deposit amounts and KYC documentation.

How long does it take to upgrade my account?

The processing time for your upgrade request typically takes a few minutes up to business days. Moniepoint will notify you via email or SMS once your upgrade is approved.

What happens after I submit my upgrade request?

Moniepoint will review your request and send you a confirmation via email or SMS. Once approved, you can log in to your account and enjoy the benefits of your upgraded Moniepoint experience.

Is upgrading my Moniepoint account safe and secure?

Yes, upgrading your Moniepoint account is safe and secure. Moniepoint utilizes robust security measures to protect your information and transactions.

What is the limit for Moniepoint Tier 1?

Moniepoint Tier 1 comes with a maximum transaction limit of N500,000. This means users with Tier 1 accounts can process transactions up to this amount.

Which bank owns Moniepoint PoS?

Moniepoint PoS, the popular payment solution, is owned by Moniepoint, a fintech company. Moniepoint operates independently of any traditional bank and functions solely as a payment service provider.


The upgrading procedure is simple, straightforward, and free, making it a no-brainer for anyone wishing to better their financial experience. Don't wait any longer; update your Moniepointaccount today.

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