Moniepoint keeps its fees competitive based on how often you use your POS machine. Transactions generally cost between N6.2 and N20 each. For withdrawals, there's a tiered system. You're charged a low 0.5% fee for anything under 20,000 Naira. If you take out more than that, there's a flat fee of 100 Naira instead. Transfers are always a simple N20 fee.
On top of transactions, Moniepoint offers commission opportunities for things like bill payments and mobile phone top-ups. These commissions vary depending on the service, ranging from 2% to 4.5%. With these affordable fees and extra earning potential, Moniepoint can be a smart choice for businesses.