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In a country where internet access isn’t always reliable or guaranteed, USSD banking has become a convenient tool and a lifeline. JSYK, USSD is an acronym for Unstructured Supplementary Service Data. If you’re banking with Moniepoint Microfinance Bank, the *5573# code is your gateway to seamless financial control from your phone’s dial pad. It doesn’t matter if you’re in a remote area with zero signal bars or running low on data. Moniepoint’s USSD feature will ensure you’re never locked out of your money.
Yet, it gets better with the easy-to-use OPay USSD codes. For many digital online banks, you have to register and activate your linked phone number before the USSD code starts working. With OPay, you can use the USSD codes provided that you successfully created your OPay account. The code can be used with the registered phone number on the OPay App account.
Why Use Moniepoint’s USSD Code?
Moniepoint’s *5573# USSD code is designed for fast, offline banking. It’s the kind of everyday convenience that makes a real difference because, without mobile data or a smartphone, you can:
Send money
Check your balance
Buy airtime or data, and
Block your account in an emergency
It works on all mobile networks in Nigeria, and once you activate it, your phone becomes a full-blown banking tool.
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How to Activate the Moniepoint USSD Feature
Before you can use the USSD code, you’ll need to turn on the feature via the Moniepoint app:
Log in to your Moniepoint Personal or Business banking app.
Tap your profile picture in the top left corner to access the settings.
Find and activate the “USSD Feature” by switching it on.
That’s it! You’re ready to bank offline anytime, anywhere.
READ ALSO: Moniepoint vs Opay: Which One Works Best for Your Business?
Essential Moniepoint USSD Commands
Here’s a handy list of the Moniepoint USSD codes you’ll need for different tasks:
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Transaction Limits with Moniepoint USSD
While the USSD banking feature is super convenient, it does come with daily and transaction limits for security reasons:
Single transfer limit: ₦20,000
Daily transfer limit: ₦100,000
Airtime purchase limit (per transaction/day): ₦10,000
Data purchase limit (per transaction/day): ₦10,000
These caps help protect your funds and reduce the risk of fraud.
Moniepoint POS Services
Beyond personal banking, Moniepoint is revolutionising business transactions with its Point of Sale (POS) services. Moniepoint’s POS services cater to over 1.8 million businesses. They’re famous for their reliability and ability to process over 50% of all merchant transactions in Nigeria.
Acquiring a Moniepoint POS Terminal
Open a Business Account: Register and log in to your Moniepoint business dashboard.
Request a POS Terminal: Navigate to the POS menu and select ‘Add a new POS’.
Fund Your Account: Deposit a minimum of ₦21,500, covering a ₦10,000 caution fee, ₦10,000 logistics fee, and ₦1,500 insurance fee for one year.
Delivery and Training: A Relationship Manager will deliver the POS terminal within 48 hours and provide necessary training.
RELATED: Everything You Need To Know About Moniepoint POS - From Pricing to Performance
Transaction Charges
Withdrawals (₦1 – ₦20,000): 0.5% per transaction.
Withdrawals (Above ₦20,000): Flat fee of ₦100.
Transfers: Flat fee of ₦20.
Airtime Purchases: 2% charge across all networks.
Bill Payments: No charges applied.
If you’re managing a busy market stall, sending money to family, or simply keeping an eye on your balance, the *5573# USSD code brings your Moniepoint account to your fingertips. It's also not reserved for emergencies alone, as it is a dependable way to bank on the go, even when the internet lets you down.
Pro tip: You can save this list of codes in your phone’s notes or screenshot it now. It will come in handy when you need to block your account or buy airtime urgently.
Is offline banking worth activating? Here’s your answer: Dial *5573# today and take control of your money, wherever you are.