Nigeria

Accept Moniepoint
without building the integration

Moniepoint is a Nigerian business banking and payments group best known for the agent-banking network that processes a large share of the country's in-person transactions. For online merchants it provides card, transfer and agent-cash collection, with Monnify as its developer-facing gateway.

  • NGN
Nigeria
3 payment methods
0% PaymentHood fee
Moniepoint
Region
Nigeria
Methods
3
Credentials
Server-side only
PaymentHood fee
None
Status
Live
At a glance

What is Moniepoint?

Coverage
  • Nigeria

Among the markets Moniepoint serves — their own list is authoritative (opens in new tab).

Currencies
  • NGN

Among those supported. Which ones your account can charge in depends on its registered country.

Fees
Set and billed by Moniepoint, who publish current rates on their own site (opens in new tab). PaymentHood adds nothing on top, at any volume.

Written against Moniepoint's own documentation on . This page deliberately states no fees, no counts and no completeness claims, because those change without notice — for anything you are about to build on, Moniepoint's own documentation (opens in new tab) is the authority.

Payment methods

Moniepoint payment methods

Every method below runs through the same PaymentHood checkout. Turning one on or off is a dashboard setting, not a code change.

Bank transfer

Virtual account collection confirmed in real time

Cards

Verve, Mastercard and Visa

Agent network

Cash collection through Moniepoint agents

Cost

Moniepoint fees and pricing

Two separate bills, and only one of them exists.

What PaymentHood charges
Nothing on your Moniepoint transactions. No percentage and no per-transaction cut, at any volume. Every payment feature is free, and the optional Premium plan only adds white-label checkout branding.
What Moniepoint charges
Moniepoint sets its own rates and bills you directly. PaymentHood never sits between you and that invoice, so switching to or from Moniepoint changes what you pay Moniepoint and nothing else.
What moves the rate
Payment providers price per market and per method rather than as a single global figure. It also accepts 3 different payment methods, and card, transfer and wallet rails each carry their own cost.
Where to check the figure
Moniepoint publishes current rates on their own site (opens in new tab). That is the authority, not this page. We deliberately quote no numbers here, because a rate that has quietly changed is worse than no rate at all.
Integration

How PaymentHood works with Moniepoint

A direct Moniepoint integration is not just an API call. These are the parts every team ends up rebuilding — and the parts PaymentHood ships already done.

Credentials
API credentials exchanged for a bearer token, held server-side in PaymentHood
Webhook security
Signed transaction webhook, validated before an order is released
Payment verification
Server-side transaction status re-check before fulfilment
  • Idempotent charge creation, so a retried request never double-charges a customer
  • Automatic failover to another configured provider when Moniepoint is unreachable
  • One reconciliation view across Moniepoint and every other provider you run
  • Provider credentials never reach the storefront or the customer's browser
  • Adding or switching a provider later is a dashboard change, not a re-integration
Setup

How to connect Moniepoint

1

Open your Moniepoint account

Register directly with Moniepoint and complete their onboarding. Funds settle from Moniepoint into your own bank account — PaymentHood never holds merchant money.

2

Add the credentials to PaymentHood

Paste your Moniepoint API credentials into the PaymentHood dashboard. They are stored server-side and never exposed to your storefront.

3

Enable it at checkout

Install the PaymentHood plugin for your platform, paste your PaymentHood API key, and Moniepoint appears as a payment option. Test in sandbox, then switch to live.

FAQ

Frequently Asked Questions

Monnify is Moniepoint's payment gateway product — the developer-facing collection API. If you are integrating online payments you are working with Monnify; Moniepoint is the wider banking and agent business around it.

Cash reach. Customers without a bank app can pay in cash at an agent and have the order confirmed, which no purely digital gateway can offer.

Card penetration is lower than transfer usage, and card declines are common. A checkout offering a one-time virtual account number — the customer transfers from any bank app and the payment confirms in seconds — will convert materially better than one offering cards alone. It is the single most important local method to enable.

No. PaymentHood adds nothing to what Moniepoint charges: no percentage, no per-transaction cut, and no volume threshold where that changes. Moniepoint bills you directly for its own processing fees, and you keep that relationship. PaymentHood's only paid plan is Premium at $29 a month, which adds white-label checkout branding and nothing to your transaction cost. See PaymentHood pricing.

Start accepting Moniepoint payments

Free plugin, no PaymentHood transaction fee, and the option to add another provider later without touching your checkout.