If you don’t meet up with the daily transactions requirement (otherwise known as daily target), your Moniepoint POS terminal could get a “Post No Debit (PND” restriction. This policy was implemented by the company to encourage productivity and hardwork.
It’s important to note that the Moniepoint POS machine is not for sales. The money you paid to acquired the device—broken down into a ₦10,000 caution fee, a ₦10,000 logistics fee, and a ₦1,500 insurance fee covering one year—are cautioned fees. The insurance fee is a per year recurring fee.
Purchasing Moniepoint POS machine on cautionary sale makes it to implement daily target for agents. Every Moniepoint agent has a daily transaction target of N20,000 in 2025. This daily target is easy for agents in high traffic areas where cash transactions are demanded in large quantities.
However, some agent may find it difficult to meet up with the target. If you’re one of the agent who is always finding it difficult to meet up with Moniepoint POS daily target, don’t panic because I’m going to show exactly how to bypass it for that day.
How to meetup with Moniepoint POS Daily Target
At that evening time of the day where cash transactions demand is getting lesser due to the fact that everyone is getting off work, if your daily transaction minimum requirement has not been fulfilled, then follow these steps to by the daily target.
- Find someone around you that has the target amount (N20,000) or amount remaining to fulfill the minimum daily requirement.
- Tell the person to transfer the he fund to your Moniepoint POS account.
- You can wait for 5 minutes and transfer the money back to the owner.
- Done with that, you’ve successfully meet up with the daily target for that day.
However, it’s important to note that you will bear the transaction charges for both the inward and the outward transfer. For any withdrawal between N1 and N20,000, Moniepoint charges 0.5% of the total transaction amount. For any transaction over N20,000, the company charges you a flat rate of N100. Lastly, you pay a charge of N20 to Moniepoint for every transfer to another bank.
