Qitero Qitero

Moniepoint

Country: Nigeria (NG)  |  Payment Rail: e_wallet

DigitalWallet Market Adoption: 40%

Moniepoint is a leading Nigerian fintech microfinance bank, facilitating SME acquiring, instant wallet transfers, and merchant subscription billing.

🔄 User Payment Flow

  1. Customer selects Moniepoint at merchant checkout
  2. Checkout presents Moniepoint app authentication screen or transfer details
  3. Customer verifies amount and authorizes payment via Moniepoint app passcode
  4. Moniepoint executes instant wallet settlement and confirms order to merchant

⚙️ Characteristics & Settlement

Instant PaymentYES
Supports QRYES
Supports RecurringYES
Supports RefundYES

🛠️ Merchant Integration Steps

  • Merchant API calls acquiring gateway for Moniepoint checkout session
  • PSP issues payment token and Moniepoint redirect URL
  • PSP receives Moniepoint webhook confirmation and updates order status