Moniepoint POS Vs OPay POS Charges and Commissions: Which is Better?

Moniepoint vs OPay POS Withdrawal charges and commission structure

The volume of transactions via the terminal determines the charges by Moniepoint and Opay POS. This article compares the commissions and charges by Moniepoint POS and OPay POS companies.

Commission and Charges by MoniePoint POS

Over 120,000 businesses in Nigeria accept payments through Moniepoint. If you are new to Moniepoint POS, they have one of the best support, which you can access @ [email protected] to get assistance with all your business enquiries.

That said…

With withdrawals between ₦1-₦20,000, Moniepoint POS charges only 0.5% of the transaction amount.

For transactions above ₦20,000, Moniepoint charges a flat rate of ₦100.

For transfers, Moneypoint POS charges a flat rate of ₦20.
Here’s a breakdown of Moniepoint POS transaction charges:

• ₦1000 charges = ₦5
• ₦2000 charges = ₦10
• ₦3000 charges = ₦15
• ₦4000 charges = ₦20
• ₦5000 charges = ₦25
• ₦6000 charges = ₦30
• ₦7000 charges = ₦35
• ₦8000 charges = ₦40
• ₦9000 charges = ₦45
• ₦10,000 charges = ₦50
• ₦11,000 charges = ₦55
• ₦12,000 charges = ₦60

Learn More About Moniepoint POS Agent: How to Apply, POS Price, Charges, Commission & Benefits

• ₦13,000 charges = ₦65
• ₦14,000 charges = ₦70
• ₦15,000 charges = ₦75
• ₦16,000 charges = ₦80
• ₦17,000 charges = ₦85
• ₦18,000 charges = ₦90
• ₦19,000 charges = ₦95
• ₦20,000 charges = ₦100
• Any amount above ₦20,000 charges is ₦100.

Read: PalmPay Pos Charges: How to Apply, Charges and Commission Information

Commission by MoniePoint POS For Data Top Up and Other Bills:

• MTN 3% commission
• Glo 4% commission
• 9Mobile 4.5% commission
• Airtel 4% commission

For TV Subscription:

• DSTv 2% commission
• GOTv 2% commission
• PHCN 2% commission
• Star Times 2% commission

OPay POS Transaction Charges 2022

OPay is the quickest and easiest method to manage your funds and conduct transactions without having to wait in long bank queues.

Opay POS withdrawal charges for regular merchant

Here are Opay POS withdrawal charges

• ₦1 to ₦1000 charges = ₦4.6
• ₦1001 to ₦2000 charges = ₦9.2
• ₦2001 to ₦3000 charges = ₦13.8
• ₦3001 to ₦4000 charges = ₦18.4
• ₦4001 to ₦5000 charges = ₦23
• ₦5001 to ₦6000 charges = ₦27.6
• ₦6001 to ₦7000 charges = ₦32.2
• ₦7001 to ₦8000 charges = ₦36.8

Learn More About: OPay POS: How to Get Opay POS Machine in Nigeria

• ₦8001 to ₦9000 charges = ₦41.4
• ₦9001 to ₦10,000 charges = ₦46
• ₦10,001 to ₦11,000 charges = ₦50.6
• ₦11,001 to ₦12,000 charges = ₦55.2
• ₦12,001 to ₦13,000 charges = ₦59.8
• ₦13,001 to ₦14,000 charges = ₦64.4
• ₦14,001 to ₦15,000 charges = ₦69
• ₦15,001 to ₦16,000 charges = ₦73.6
• ₦16,001 to ₦17,000 charges = ₦78.2
• ₦17,001 to ₦18,000 charges = ₦82.8
• ₦18,001 to ₦19,000 charges = ₦87.4
• ₦19,001 to ₦20,000 charges = ₦92
• ₦20,000 and above charges = ₦92

Opay POS deposit/transfer charges for regular merchant

• ₦1000 to ₦5000 charges = ₦8.5
• ₦5000 to ₦10,000 charges = ₦17
• ₦10,000 and above charges = ₦25.5

Opay POS withdrawal charges for Gold merchant

• ₦1 to ₦1000 charges = ₦4.5
• ₦1001 to ₦2000 charges = ₦9
• ₦2001 to ₦3000 charges = ₦13.5
• ₦3001 to ₦4000 charges = ₦18
• ₦4001 to ₦5000 charges = ₦22.5
• ₦5001 to ₦6000 charges = ₦27
• ₦6001 to ₦7000 charges = ₦31.5
• ₦7001 to ₦8000 charges = ₦36
• ₦8001 to ₦9000 charges = ₦40.5
• ₦9001 to ₦10,000 charges = ₦45
• ₦10,001 to ₦11,000 charges = ₦49.5
• ₦11,001 to ₦12,000 charges = ₦54
• ₦12,001 to ₦13,000 charges = ₦58.5
• ₦13,001 to ₦14,000 charges = ₦63
• ₦14,001 to ₦15,000 charges = ₦67.5
• ₦15,001 to ₦16,000 charges = ₦72
• ₦16,001 to ₦17,000 charges = ₦76.5
• ₦17,001 to ₦18,000 charges = ₦81
• ₦18,001 to ₦19,000 charges = ₦85.5
• ₦19,001 to ₦20,000 charges = ₦90
• ₦20,000 and above charges = ₦90 (even if it is over ₦500,000)

Read: Cheapest POS Charges in Nigeria 2022

Opay deposit/transfer charges for Gold merchant

• ₦1000 to ₦5000 charges = ₦7.5
• ₦5000 to ₦10,000 charges = ₦15
• ₦10,000 and above charges are ₦22.5 

Opay withdrawal charges for Platinum merchant

• ₦1 to ₦1000 charges = ₦4.25
• ₦1001 to ₦2000 charges = ₦8.5
• ₦2001 to ₦3000 charges = ₦12.75
• ₦3001 to ₦4000 charges = ₦17
• ₦4001 to ₦5000 charges = ₦21.25
• ₦5001 to ₦6000 charges = ₦25.5
• ₦6001 to ₦7000 charges = ₦29.75
• ₦7001 to ₦8000 charges = ₦34
• ₦8001 to ₦9000 charges = ₦38.25
• ₦9001 to ₦10,000 charges = ₦42.5
• ₦10,001 to ₦11,000 charges = ₦46.75
• ₦11,001 to ₦12,000 charges = ₦51
• ₦12,001 to ₦13,000 charges = ₦55.25
• ₦13,001 to ₦14,000 charges = ₦59.5
• ₦14,001 to ₦15,000 charges = ₦63.75
• ₦15,001 to ₦16,000 charges = ₦68
• ₦16,001 to ₦17,000 charges = ₦72.25
• ₦17,001 to ₦18,000 charges = ₦76.5
• ₦18,001 to ₦19,000 charges = ₦80.75
• ₦19,001 to ₦20,000 charges = ₦85
• ₦20,000 and above charges are ₦85

OPay deposit/transfer charges for Platinum merchant

• ₦1000 to ₦5000 charges = ₦7
• ₦5000 to ₦10,000 charges = ₦14
• ₦10,000 and above charges = ₦21 (even if it is ₦500,000)

Commission on Data Top Up by OPay POS

• MTN 3% commission
• Glo  4% commission
• Etisalat  4.5% commission
• Airtel 4% commission

FOR TV Subscription.

• DStv 2% commission.
• GOgtv 2% commission.
• PHCN 2% commission.
• Startime 2% commission.

Contact Opay:

• Phone: +23418888329
• Email: [email protected]

Bonus: Why you should choose OPay Mini POS?

• It is more functional, strong, and portable than a typical POS.
• You can use mobile banking services to perform check out, withdraw, deposit, top-up airtime or data, pay bills, and complete other operations.
• Your transactions are settled immediately.
• Enjoy cheaper fees (as low as 0.5%) for each transaction*. No guarantee deposit is required to pick up a tiny POS terminal.
• many more rewards.

* Initial charge per transaction is 0.6% and then 0.5% after upgrading to Preferred Merchant status.

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