Frequently asked questions
Which geographical areas does MoneyLot serve?
| Region | Area Name |
| South West | Lagos, Ibadan |
How do I become a MoneyLot merchant?
Submit your information in the form on our website (click to go), or call our hotline 070MONEYLOT. You will be contacted by a dedicated customer representative.
What are the requirements to become an merchant?
You will need a bank verification number (BVN) and other necessary documents to become a MoneyLot merchant.
What advantages come with becoming a MoneyLot merchant?
Different cooperation modes has different fees policies, about 0.4%-0.5% per transaction, and different transaction fees have different capping fees.
What if I face problems with a MoneyLot POS device?
MoneyLot has many POS Merchant activities, you can participate in the platform activities to earn more and higher commission.
What's the process for returning a MoneyLot POS device?
Submit your information in the form on our website (click to go), or call our hotline 070MONEYLOT. You will be contacted by a dedicated customer representative.