New moniepoint ussd code for transfer 2023

Using Moniepoint USSD Code: A Comprehensive Guide

Introduction

In the digital age, mobile banking has revolutionized the way people conduct financial transactions. Moniepoint, a popular mobile banking platform, offers a convenient and secure way for users to perform various banking operations using USSD (Unstructured Supplementary Service Data) codes. This comprehensive guide will walk you through the process of using Moniepoint USSD codes to manage your finances efficiently.

1. What is Moniepoint?

Moniepoint is a mobile banking platform that enables users to access banking services directly from their mobile phones using USSD codes. It is a product of Interswitch Group, a leading technology-driven company in Africa, and it provides a wide range of financial services, including funds transfer, airtime purchase, bill payments, and more.

2. Setting Up USSD Code for MoniePoint 

To get started with Moniepoint USSD, you need to register and create an account with the platform. Follow these steps to set up your account:

Step 1: Dial the USSD code *426# on your registered mobile number.

Step 2: Select the "Register" option from the menu that appears.

Step 3: Enter your personal details, such as your full name, date of birth, and email address.

Step 4: Create a secure PIN for your Moniepoint account.

Step 5: Confirm your registration by providing any additional information requested.

3. Managing Your Account

Once you have successfully registered with Moniepoint, you can access your account and manage your finances through the USSD code. Here are some essential account management features:

a. Balance Inquiry: Dial *426*00# to check your Moniepoint account balance. The system will display your current balance on the screen.

b. Change PIN: To change your Moniepoint PIN, dial *426*0# and follow the on-screen prompts to create a new PIN.

c. Reset PIN: If you forget your PIN, you can reset it by dialing *426*04# and following the necessary steps.

4. Funds Transfer

One of the most common uses of Moniepoint USSD is transferring funds to other bank accounts, both within and outside the Moniepoint network. Here's how you can do it:

a. To transfer funds to another Moniepoint account:

Step 1: Dial *426*Amount*Receiver's Account Number# on your phone.

Step 2: Confirm the recipient's name and account number displayed on the screen.

Step 3: Enter your PIN to authorize the transaction.

b. To transfer funds to another bank account (interbank transfer):

Step 1: Dial *426*Amount*Receiver's Account Number# on your phone.

Step 2: Select the bank of the recipient from the list provided.

Step 3: Confirm the recipient's name and account number displayed on the screen.

Step 4: Enter your PIN to authorize the transaction.

5. Airtime Purchase

Running out of airtime is a common inconvenience, but with Moniepoint USSD, you can top up your airtime directly from your bank account. Here's how:

a. To purchase airtime for yourself:

Step 1: Dial *426*Amount# on your phone.

Step 2: Select the network provider from the options available.

Step 3: Confirm the transaction details and enter your PIN to complete the purchase.

b. To purchase airtime for someone else:

Step 1: Dial *426*Amount*Recipient's Phone Number# on your phone.

Step 2: Select the network provider from the options available.

Step 3: Confirm the recipient's phone number and transaction details.

Step 4: Enter your PIN to authorize the transaction.

6. Bill Payments

Moniepoint USSD also allows you to pay various bills directly from your bank account. Here's how you can do it:

a. To pay for electricity bills:

Step 1: Dial *426*4# on your phone.

Step 2: Select the electricity distribution company from the options provided.

Step 3: Enter the amount you want to pay and confirm the transaction.

Step 4: Enter your PIN to authorize the payment.

b. To pay for other utility bills:

Step 1: Dial *426*5# on your phone.

Step 2: Choose the appropriate service provider from the list displayed.

Step 3: Follow the on-screen prompts to complete the payment process.

7. Mini Statement

You can also request a mini statement of your recent transactions using Moniepoint USSD:

Step 1: Dial *426*3# on your phone.

Step 2: Your last five transactions will be displayed on the screen.

8. Security Tips

While using Moniepoint USSD is convenient, it's crucial to take necessary precautions to ensure the safety of your transactions:

a. Keep your PIN confidential and do not share it with anyone.

b. Be cautious of phishing attempts and never respond to unsolicited messages asking for your account details.

c. Regularly update your PIN and avoid using easily guessable PINs.

d. If you suspect any suspicious activity on your account, contact Moniepoint customer support immediately.

Conclusion

Moniepoint USSD code provides a seamless and efficient way to manage your finances on the go. From checking your account balance to transferring funds and paying bills, the platform offers a range of essential banking services. By following this comprehensive guide, you can use Moniepoint USSD to its full potential while keeping your transactions secure. Embrace the convenience of mobile banking with Moniepoint and simplify your financial life.