Finance

Is Moniepoint Safe To Keep Money?, Benefits Of Using Moniepoint, Moniepoint FAQs

Is Moniepoint Safe To Keep Money?, Benefits Of Using Moniepoint, Moniepoint FAQs is going to be our subject of discussion today. Many find it hard to trust Fintech organizations because of the stories they have heard in their workplace, school, or environment. However, before we proceed. How does Moniepoint work?

Let’s proceed

How does Moniepoint Work?

Moniepoint is a platform that performs banking operations at your fingertips. You can perform transactions ranging from sending and receiving money to your account easily. You can also pay for recurrent bills in your Moniepoint account without stress. Moniepoint is a very good platform if you are looking for a bank that offers loans. With Moniepoint, you can easily access banking services on your phone for easy account handling.

Benefits of using Moniepoint

1. Save time

You can save time with Moniepoint because Moniepoint does not grant hitches in the bank app. You can also get used to accessing funds easily without having to go to a cashier to give you money.

2. Convenience

Convenience is another benefit of using Moniepoint. With Moniepoint you can easily stay at the comfort of your home, and see your account balance without standing in a bank queue. You can also contact the customer service of Moniepoint without leaving the comfort of your parlor.

3. Instant Transfer

With Moniepoint, you can have the opportunity to transfer funds easily without stress. You can easily send money to your friends and family with network issues. You can also receive money from any location in Nigeria.

4. Customer Care

The customer care representative of Moniepoint is one of a kind. You can easily get to contact the customer care service without any issue. The customer care representatives of Moniepoint are very caring. They would try as much as possible to solve your problems.

5. Security

The security of the Moniepoint platform is very reliable. With the security detail of Moniepoint, you cannot easily access the account if you are not the authorized user of the account. Do well to make sure that you do not forget your password so that you get access to your account without stress.

6. Transparency

The transparency of the Moniepoint platform makes it stand out. With Moniepoint, you can easily access the features of your account. You can also see the transaction history, the debit alert, and the credit alert of your account without stress.

6. Reward

When you use your Moniepoint account regularly, you get to make money from your account. You would get a reward for every transaction. Also, you would receive a cashback for your transactions.

7. No Hidden Charges

The charges for every transaction are made. After that, there are no charges made to the account. The hidden charges for unpaid loans are not granted.

Features of Moniepoint

1. Reward

When you use your Moniepoint account regularly, you get to make money from your account. You would get a reward for every transaction. Also, you would receive cashback for your transactions.

2. Security

3. Bill payments

With Moniepoint, you are free to pay your bills. You can pay your bills with Moniepoint. There are so many bill options that are available to Moniepoint. You can pay your bill on PHCN, cable bill, and so on.

4. ATM Withdrawal

Without an ATM, you can withdraw your funds easily without stress. You can do this by transferring your funds to the account and processing your withdrawal.

5. Instant Transfer

Is Moniepoint safe to keep the money?

Moniepoint is a safe platform for keeping your money. With Moniepoint, you can keep your money without thinking about it going missing. Also, Moniepoint allows you to secure your account using your PIN to authenticate transactions. You can also secure your account with the 2FA. The 2FA represents your 2 2-factor authentication. This allows you to give further confirmation to access your account when you log in from a different device. Additionally, Moniepoint complies with the CBN regulations of mobile money.

FAQ

Is Palmpay secured?

PalmPay is fully licensed as a Mobile Money Operator by CBN, and insured by NDIC

Is Moniepoint POS secured?

Yes. The Moniepoint POS is currently one of the most secured POS in Nigeria.

How much is Palmpay interest rate on savings?

While other banks offer nothing when you save your money, PalmPay pays up to a 20 percent annual percentage rate.

How does Moniepoint work?

Moniepoint is a platform that performs banking operations at your fingertips. You can perform transactions ranging from sending and receiving money to your account easily.