Monnify App

Monnify App: How To Sign Up And Everything You Need To Know.

Welcome to Monify

In the past, businesses faced a lot of difficulties. From accessing funds to payment gateways. However, with the advent of technology in the banking and finance sector, the need to create payment gateways to enhance financial services digitally intensified.

To meet up with that, banks have moved from just being physical banks to digital banks through the use of mobile apps and USSD codes.

With the emergence of these digital banking systems, one can comfortably order an item from an e-commerce platform without any difficulty in payment.

Aside from that, there are other payment pathways or gateways that enable smooth transactions between buyers and sellers. One of such gateways is the Monnify app.

What Is A Monnify App?

A monnify app is a payment pathway created to facilitate speedy payments to businesses by customers. Through this, their customers are given different means of making secured payments without any difficulty.

With this app, you can make transfers provided the shop or business you are transacting with accepts Monnify App. Of course, the majority of the businesses have accounts with Monnify.

The Monnify app was designed and built by Artur Geisari and launched by Nigeria Fintech company, Monnify to help businesses collect money from their clients quickly either through their website or their mobile apps.

What Is A Monnify Account?

A Monnify account is a payment gateway, created by a user or business to help collect payments from their customers or to make payments to others. A Monnify account is managed by Monnify Fintech company.

How To Sign Up/ Create Account On Monnify App

To sign up on Monnify App;

1. Open your play store or Apple store to download the Monnify App. Moreover, you can sign up directly from their website.
2. After downloading the app, go ahead with creating your account by putting your name, phone number, email address, and password.
3. Select your field of business.
4. Add a beneficiary to your account. By beneficiary we mean, someone whom you want to share your money with.
5. Once you have successfully signed up, you will receive a code via SMS on your mobile number. This code is for account activation.
6. Once your activation of the account has been confirmed, proceed to set up a preferred channel for payment collection.
7. Make sure you submit your KYC requirements for your business.
8. You can start receiving payments.

How To Log Into Your Monnify Account

You can log into your Monnify account either through their website or app.

Using your phone or laptop, launch the app and put your login details. Details like name, email address, and password.

After inputting the details, you will log in instantly.

How To Sign Up/ Create Account On Monnify App

To sign up on Monnify App;

1. Open your play store or Apple store to download the Monnify App. Moreover, you can sign up directly from their website.
2. After downloading the app, go ahead with creating your account by putting your name, phone number, email address, and password.
3. Select your field of business.
4. Add a beneficiary to your account. By beneficiary we mean, someone whom you want to share your money with.
5. Once you have successfully signed up, you will receive a code via SMS on your mobile number. This code is for account activation.
6. Once your activation of the account has been confirmed, proceed to set up a preferred channel for payment collection.
7. Make sure you submit your KYC requirements for your business.
8. You can start receiving payments.

How To Log Into Your Monnify Account

You can log into your Monnify account either through their website or app.

Using your phone or laptop, launch the app and put your login details. Details like name, email address, and password.

After inputting the details, you will log in instantly.

How Can My Customers Make Payments With Monnify App?

Your customers can make payments with mobile and internet transfers, USSD codes, debit cards, bill cards, and prepaid cards.

Your customers can make interbank transfers on your web, or mobile app, or with a USSD code.

Furthermore, your customers can also make payments to you through their debit cards with less billing and transaction fees.

With these options, you have nothing to worry about as regards collecting money from your customers.

What’s Special About Monnify App?

1. Monnify App is one of the reliable payment gateways popular in Nigeria. It is widely used across cities in Nigeria. Yes, 98% of businesses use Monnify App.
2. Monnify app has a lot of amazing features and benefits that set it apart from other payment apps. Some of these features and benefits are as follows;
3. Monnify app intelligently detects fraud. This way, they make sure that payments are well verified and fraud eliminated.
4. Monnify in its uniqueness has different ways your customers can make payments to you through transfers or a customized account number for each customer.
5. Monnify does not reject any transaction with a bank and no bank rejects it. Generally, it accepts all banks.
6. Monnify also helps in bookkeeping. This way, you do not need to bother with getting your transaction history arranged. This is simply because, Monnify clearly shows you paid, what is being paid and when it was paid.
7. Monnify does not charge for account setup and maintenance. However, a flat rate of N300 is always placed on each transaction. In the addition of VAT, it becomes N500. With this, we can say that Monnify’s pricing is affordable.
8. Monnify ensures secured and smooth sailing of business transactions. Most of the financial difficulties experienced in most payment systems are far-fetched from it. No delay in transact, missing transaction, or fraud.
9. Monnify also has a good sandbox that helps create a great and stress-free experience.

Other Services Offered By Monnify.

Apart from providing a system for efficient and reliable payments, Monnify also provides other services like;

Bulk Disbursements

This service helps you disburse payments to more than one account at a time

POS payments

The Money app also offers the service of POS payment. Go to your account menu just at the top you will see an instruction with “Make A Payment”, click on it and follow the other guides.

Recurring payment.

With this service, you can pay for some recurring bills like electricity, utility, and rent bills.

Monnify App Contact and Support

Another unique feature of the Monnify app is its Frequently Asked Questions section however, you can contact for important information or support using the information below;

Money App Website: https://www.monnify.com/

Money App Customer Care Number: 855-6-MONNIFY (855-666-6639)

Money App Customer Care Email Address: [email protected]

Frequently Asked Questions About Money?

Is Monnify A Loan Company?

No, Monnify is not a loan company unless they incorporate that into their finance service.

Monnify is a financial service provider, that helps businesses collect payments from customers seamlessly.

How Do I Register With Monnify?

To register with Monnify, you need to create an account with them. To do this, download the app, and input your email address, phone number, password, and other details that may be required. When you are done, patiently wait for the activation code that will be sent to you via SMS.

What Is Monnify Used For?

Money is a payment system created and launched by Nigeria Fintech company, Monnify. Their sole aim is to help businesses receive secured and instant payments from customers without difficulties.

Is Monnify Legit?

Yes, Monnify is legit in discharging its services. It is recognized by all banks in Nigeria and internationally.

How Can I Contact Monnify?

To contact Monnify for clarification or support after going through their Frequently Asked Questions section follow the following;

• Monnify App Website: https://www.monnify.com/
• Monnify App Customer Care Number: 855-6-MONNIFY (855-666-6639)
• Monnify App Customer Care Email Address: [email protected]

Concluding Thoughts

Momnify app remains an excellent payment system for your smooth business transactions. Yes, the Monnify app helps you collect money from your customers with less hassle.

Create an account with Monnify today by signing up either through their website or mobile app and start enjoying flexible and smooth operations.