Did you know that with every transaction you process on your POS you can put money back in your pocket? The more you transact, the more you earn.

In this guide, we’ll explain exactly how it works and how you can maximize your commissions or cashback rewards.

Know Your Tier

Your tier is determined by your total weekly POS transaction value, as outlined in the table below.

The more you transact, the more cashback rewards you unlock!

Cashback on Withdrawals and Purchases

On the Shooting Star tier, a standard 0.5% fee is applied, capped at ₦100. However, for weekly transactions exceeding ₦699,999, a reduced fee structure is implemented. The detailed breakdown per tier is provided in the table below.

The higher your tier, the better your rewards.

Cashback on Transfers

A standard fee of N20 is applied to interbank transfers for accounts in the Shooting Star tier. Upon upgrading to the Super Star and Mega Star tiers, businesses become eligible for cashback rewards, thereby increasing their earnings. The table below details the cashback rewards per tier.

The higher your tier, the better your rewards.

Join Over 4 Million Businesses That Trust Moniepoint

Thousands of businesses across Nigeria are already enjoying these cashback benefits every week. It’s time for you to join too. Open a business account today.

Frequently Asked Questions (FAQs)

1: How do I qualify for cashback?

Cashback is available to businesses using a Moniepoint POS terminal. Your tier is determined by your weekly POS transaction value (card swipe + POS transfers):

• Mega Star: ₦2.5 million and above

• Super Star: ₦700,000 – ₦2.49 million

• Shooting Star: ₦0 – ₦699,000

The higher your tier, the more cashback and lower charges you enjoy.

2: Where will I see my cashback?

Your cashback is automatically credited to your POS promo balance each week — no extra action needed! You can view this directly from your Moniepoint dashboard.

3: What counts toward my tier ranking?

Your total weekly POS transactions determine your tier, including:

• Card swipes

• POS transfers to account numbers

The more transactions you process, the higher your tier — and the more rewards you unlock.

4: What are the benefits at each tier?

Here’s a quick comparison of the benefits:

Ready to Earn While You Transact?

With Moniepoint’s tiered cashback rewards, it pays to process more transactions. Whether you’re a small business starting out or a fast-growing merchant, these rewards help you save more and earn more every week. Open an account today and start enjoying cashback!