Moniepoint Funds Adder: Everything You Need To Know

Moniepoint Funds Adder is a scam and fraudulent activities app used faking funds transfers and faking Moniepoint account balance. This scam has been reported severely on OPay, PalmPay and Sportybet in Nigeria. Now, it’s come to Moniepoint Platform; so you need to beware.

Moniepoint itself is a legitimate financial service provider in Nigeria. The fintech platform is known for offering mobile banking, agency banking and payment solutions, including fund transfers and point-of-sale (POS) services. However, like many digital payment platforms, it has been targeted by scammers who exploit its systems to trick unsuspecting users.

In this article, we’ll walk you through everything you need to know about the Moniepoint Funds Adder and how to not fall victim of the scam. Let’s dive into it!

Moniepoint Funds Adder?

Moniepoint Fund Adder is a term often associated with fraudulent activities, not an official service or feature provided by Moniepoint.

Scammers use this term to promote illegal or deceptive schemes that claim to add or generate money in someone’s Moniepoint account, which is typically impossible without real transactions.

These scams often promise users they can increase their account balance through this unofficial means, but in reality, they either do nothing or, worse, steal sensitive personal and financial information from the victim.

In fact, some scammer will ask users to pay to get the passcode to the funds adder app or users to purchase the app with huge some of money. If the users fall victim and buy the code to the app or the entire app, the feature will not work, leaving the victim with nothing.

For people looking to add funds to their Moniepoint in an illegal manner, why don’t you think that if the funds adder app is actually working the way they promised, why haven’t them own as estate with it? Every of their prospective clients should ask them that question.

However, it’s important to keep noting that Moniepoint is a legit and secure financial platform that follows standard financial regulations in Nigeria. The company is licensed by the central bank of Nigeria (CBN) and insured by the Nigeria Deposition Insurance Corporation (NDIC), so anything related to “Fund Adder” should be considered as “scams” to users.

Users are advised to stay away from such offers and report any suspicious activities to the appropriate authorities. Always use official Moniepoint channels such as Moniepoint personal banking app, Moniepoint business banking app and atm.moniepoint.com to manage your funds securely.

How The “Funds Adder” Works

Some common scams in the Nigeria financial landscape are “fake transfers”, “funds adder apps”, and “fake payment alerts” schemes. These scams and fraudulent activities are mostly experienced by PalmPay, OPay and Sportybet users from the past few years.

In these scams, fraudsters generate fake transaction notifications, making it appear as though they have sent money when, in reality, no funds were transferred. They use these false alerts to trick individuals into releasing goods or services before confirming the actual receipt of funds.

And for the funds adder app, as explained above, scammers will deceive users into purchasing the app or the app code, promising that it’ll top up their account balance but won’t work after purchasing it.

Moniepoint has made efforts to combat all these fraudulent practices by encouraging users to verify transactions through official channels, such as the app or customer service, and to always cross-check their account balances before proceeding with any actions based on notifications.

It is also important to remain vigilant and avoid sharing sensitive information such as account numbers or PINs with anyone. Fraudsters often use social engineering tactics like phishing emails or fake text messages to gather such information.

To protect yourself, Moniepoint advises enabling two-factor authentication (2FA) and using the official app for transactions.

Moniepoint Funds Adder NOT Working

Moniepoint Funds Adder app can never work because it’s not a legit scheme. If you’ve, by any chance, purchased this app, I’m sorry to tell you that you have just been scammed.

Fund Adder is not a legitimate fintech app and it’s also important to note that you cannot top up your Moniepoint wallet balance through any illegal way.

To legally add funds to a Moniepoint account, utilize several secure methods, including direct bank/interbank transfers from any Nigerian bank into your Moniepoint wallet using your dedicated Moniepoint account number.

You can also fund your Moniepoint account via POS machines at any agent locations nationwide, or use e-banking and mobile banking channels to add funds to your Moniepoint account.

Another legit wat to add or deposit fund into your Moniepoint account is through its USSD banking. Moniepoint offers a *5573# USSD code that also allows users to fund their accounts using linked bank details.

These methods are all secure, regulated by the Nigeria apex bank (CBN) and insured by Nigeria Deposition Insurance Corporation (NDIC), and ensure that funds are added legally and safely. In a nutshell, the funds adder app is not a legit way to fund your Moniepoint account.