MoniePoint USSD Code: (How to Get Started)

Over the years, the way people access and manage their funds has completely changed in the fintech industry.

They have provided solutions that allow people transfer money and carry out other financial transactions quickly and easily.

Also, people do not need to visit a physical branch before they can be able to either solve a problem or make a transaction.

One of the biggest financial solutions they have provided for customers is the use of the USSD Code.

The USSD Code allows you to perform transactions without an internet connection and you can do it anywhere at any time.

One of the fintech companies that sits at the forefront of this financial transformation is Moniepoint.

In this post, we will discuss the Moniepoint USSD code, stating its benefits and features.

Additionally, we will also talk about the functions of the various Moniepoint codes available and how to use them.

Let’s quickly dive in.

What is MoniePoint?

Moniepoint is one of the leading banking platforms transforming the African banking landscape.

They recently added the USSD Code feature to their already existing mobile app and POS services.

This feature was introduced with the aim of reaching a larger part of the underserved population, especially those without smart phones or internet access.

The Moniepoint USSD Code allows users to perform a range of financial transactions using a feature phone that doesn’t require internet connection.

What is a USSD Code?

We are quite sure that you already understand what a USSD is. But in case you are not sure, the USSD Code is a short code that allows you to quickly transfer money, check your account balance, reset your PIN, buy data and airtime, and block your bank account.

The USSD Code works in all GSM-enabled phones, which can be either a small button phone or smart phone, and is fast and internet-free.

MoniePoint USSD Code

The Moniepoint USSD Code *5573# allows users to carry out smooth transfers, purchase data/airtime, block/unblock accounts, and reset their PIN.

The introduction of this code has increased access to various financial services, especially for those who do not have internet access or smartphone.

How to use MoniePoint USSD Code

Since the Moniepoint USSD Code does not need internet access, using it is very simple.

Follow the step below:

Dial *5573# on the number you used to register the Moniepoint account.
From the options displayed on the phone, input the number beside what you want to do (e.g., buy airtime, money transfer, account opening).
When you click on Next, enter the details that are required. It can be your phone number or account number.
Enter your Moniepoint PIN to finish the transaction.

If it is your first time using the MoniePoint USSD Code, you need to create a Moniepoint account and set up a 4-digit PIN.

Function of the MoniePoint USSD Code

There are so many things you can do with the MoniePoint USSD code. Some of them are:

Transfer money from your Moniepoint account to another Moniepoint account or any other bank account without network problems.
Check your account balance to know how much you have in either your Moniepoint business or personal account.
Block and unblock your account by dialing *5573*91# and following the on-screen information.
Buy airtime for yourself, friends, and family quickly, and it can be done for any network in Nigeria.
Purchase data easily and quickly for yourself and others.
Reset your 4-digit PIN if you have forgotten it or discover that it has been exposed.
You can get an OTP for extra security for any transaction.
Pay bills like TV subscriptions and electricity bills for your home.
You can request for a small quick loan to take care of an emergency financial situation.
To get a summary of all the transactions you did a few days ago so that you can know how money is leaving and entering your Moniepoint account.

How to Open a MoniePoint Account with USSD Code

Opening a Moniepoint account is very easy and straightforward. Follow the steps below:

Dial the code *5573# on the phone number you want to use for the account
From the menu displayed in the phone, input the option where you have “open an account” and continue.
The system will ask you to enter your personal details, like your full name, date of birth, address, and BVN (Bank Verification number) and click Next.
It will ask you to provide a 4-digit PIN that you will be using for transactions. Make sure it is a PIN only you know and it is simple for you to remember.
If you click “Next,” it will ask you to confirm the information you provided to be sure they are correct.
After that is done, they will send you a message via SMS that the account has been created, and you will also get your account number as SMS.

How to Open a Moniepoint Account Using the Mobile App

Follow the step-by-step process below to get it done:

First go to the Play Store or Apple Store on your mobile phone, search, and install the Moniepoint app.
Open the app and click on the signup button to create an account.
Enter the email address and phone number you want to use on the account and click on Next.
It will ask you to verify your phone number with the OTP that will be sent as a text message. Input it and continue
They will ask you to create a password to secure the account. Make sure the password is strong and only you can remember it.
Once that is done, the system will ask you to login with the phone number and password you created.
An OTP will be sent to your phone to register your device. Input it, and you will get a message that your device has been registered successfully.
Next is to set up your 4-digit PIN for transactions and click on Create. You will get a message that your profile has been created successfully.
To further secure your account, go to the settings option and turn on enable biometrics.
You will need to carry out a facial verification. When you click on proceed, you will be required to update the contact information you provided earlier.
Verify all the information, and once that is done, click on Continue to confirm, and the biometric will be successfully activated.

How to activate the USSD Code with the MoniePoint Mobile App

Open the Moniepoint app and login with your password.
Next, select your profile picture at the top left corner of your dashboard.
Click on settings and locate the USSD feature.
Click on it to activate, and that is it.

You can now enjoy easy and fast banking services with Moniepoint.

How to Transfer Money with Moniepoint’s USSD Code

To easily transfer money using the Monipoint USSD Code, follow the steps below.

On your phone, dial *5573# and make sure it is done with the registered number.
From the option on the screen, input the number beside the option ”Transfer” and click on Next.
Enter the amount you want to send and click on Next.
The system will ask you to enter the account number of the receiver. If you did not see the bank on the list provided for you to choose, type the first three letters of the bank, and it will be displayed. Select and click Next.
The system will ask you to confirm the transaction and enter your 4-digit PIN.
Once it is done, the receiver will be credited, and you will get an SMS with the transaction details and your remaining balance.

How to Purchase Airtime with MoniePoint USSD Code

To buy airtime for any network for yourself and others using a moniepoint USSD code, follow the steps below:

On your phone, dial *5573# with the number you used in opening the account.
From the list of options displayed, choose “Airtime” and click on Next.
The system will ask you to choose either “self” or “others.”. Choose the option you wish to send airtime to and proceed.
Input how much airtime you want to buy.
If you choose self it will ask you to enter your 4-digit PIN, and the airtime will be sent to your number immediately.
But if you choose “others,” it will ask you to enter the phone number and select the network (MTN, GLO, AIRTEL, or 9MOBILE) and then ask you to enter the 4-digit PIN to confirm the transaction.
The airtime will be sent to the phone number immediately, and you will be debited.

How to Buy Data with MoniePoint USSD Code

To top up data for yourself or anyone on any network using moniepoint USSD Code, follow these steps:

On your phone, dial *5573#. Make sure you are using the number you opened the account with.
From the option displayed, choose “Data top-up” and proceed.
You will be asked to choose either “self” or “others.”. Choose the option you wish to send data to and click Next.
Input the amount of data you want to buy for yourself or others.
“If you choose self, it will ask you to enter your 4-digit PIN. Once you enter it, the system will send the data to your account at once, and they will debit you.
However, if you choose “others,” it will ask you to enter the phone number you want to send the data to, and you also select the network (MTN, GLO, AIRTEL, or 9MOBILE).
Then, it will ask you to enter the 4-digit PIN to confirm the transaction. Once you do, the system will send the data to the phone number immediately, and it will debit you.

How to Reset Your MoniePoint PIN

You can reset your PIN if you discover that it has been exposed or compromised. To change the PIN, follow these steps:

Dial *5573# on your registered phone number.
Input the number beside the option “Change PIN.”
Enter the old 4-digit PIN and click on Next.
Input the new PIN you want to use.
The system will ask you to reenter it to be sure it is correct.
You will receive an SMS alert that indicates you have successfully changed the PIN.

If you choose ‘Forgot PIN’ from the options, they will ask you to visit any of their branches close to you or the nearest agent to get it fixed.”

How to Check Your Account Balance with MoniePoint USSD Code

To check your account balance, follow the steps outlined below.

Dial *5573# with the registered phone number.
Choose the check balance option displayed on your phone and click Next.
Input the number beside the account you want to see the balance if you have more than one account with Moniepoint.
If you have only one account, select it and click on Next.
The system will ask you to enter your 4-digit PIN to confirm the transaction, and your account balance details will be displayed, and it will also be sent as an SMS.

Related Post: GTBank USSD Code

How to Get OTP with the Moniepoint USSD Code

To retrieve OTP with Moniepoint USSD Code, follow the process below.

Dial *5573# on your phone, using the registered number on the moniepoint account.
From the option displayed, choose “Request OTP.” You can also find it under the “Security” section.
Choose the transaction you need the OTP for (confirm money transfer, change account settings, verify phone number).
Make sure you enter the right option to confirm the request, and you will always receive an OTP via SMS any time you want to carry out a transaction.
Use the OTP immediately you receive it because it expires after a few seconds.

How to Block MoniePoint Account with Moniepoint USSD Code

To quickly block your moniepoint account or help someone block their account, follow the steps stated below:

Dial *5573# with the phone number connected to the account.
From the list of options, locate “Stop” debit transaction, choose the number beside it, and proceed.
The system will ask you if you want to block the account for yourself or for others.
Enter the account number or phone number you want to block the transaction on and click on proceed.
Next, enter your 4-digit PIN to authorize the action.
Moniepoint will send you a text message of the successful blocking of the account.

How to unblock your Moniepoint account with USSD Code

To unblock your moniepoint account or another person’s moniepoint account, follow these steps below.

Dial *7753*911# on your registered phone number.
Choose the option “Resume debit transaction.”
The system will ask if you are unblocking your account or for others, so select the option you want and proceed.
It will ask you to enter the account number or phone number associated with the account.
Next, you will provide your 4-digit PIN to authorize the process.
You will receive a message that the account has been unblocked successfully.

Benefit of using Moniepoint USSD Code

There are many good reasons why you should use the moniepoint USSD Code, but we will outline only a few of them here:

You can perform transactions without having a smartphone or internet connection.
It allows you to safely carry out transactions using a 4-digit PIN.
Users can also block their account immediately they notice any fraudulent activity on their account if they lose their phone or debit card using the USSD Code.
The Moniepoint USSD Code can be trusted for big financial transactions.
You can use the Moniepoint USSD Code to quickly transfer funds to any account.
You can also pay bills with the USSD Code.
It is cost-effective because you do not need data when carrying out transactions.
You can use the Moniepoint USSD Code from anywhere at anytime for any reason.

Frequently Asked Questions (FAQs)

Does Moniepoint have a USSD code for transactions?

Yes, they do. The Moniepoint USSD code is *5573#, and you can use it for various transactions like money transfers, bill payment airtime, and data purchases.

Will people have access to my private information?

No, because every operation will require an authorization using a 4-digit PIN only you will know.

How do I use the Moniepoint USSD Code?

Dial *7753# on the number connected to the account, follow the option on the screen, and input your PIN.

Can I disable the USSD Code feature?

Yes, you can always disable and enable it anytime you want.

Conclusion

Moniepoint’s USSD Code *7753# is a creative solution that provides vital financial service to the underserved in the country, especially those without internet access or who cannot afford a smart phone.

Additionally, it provides a smooth, easy, accessible, and secure means for people and businesses to manage their accounts, from paying bills to money transfers, using the USSD Code.

So, if you are looking for a simple, fast, and easy way to get access to bank services, then you should try Moniepoint USSD Code because it has helped millions of Nigerians around the country.

Lastly, if you find this article helpful, let us know in the comment section, share it on various social media platforms, and let us know of any other information you would like us to provide you.

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