Moniepoint
VS
Kuda Bank

Metric

Moniepoint

Kuda Bank

Transfer Fee

₦10 Fixed

25 Free/Month

EMT Levy (₦50)

Applies over ₦10k

Uptime

99.8%

98.5%

POS Integration

Best in Class

Direct to Home

Moniepoint is best for SMEs and shop owners who need a physical terminal backup.

Local Insight

"Don't let the shiny app fool you, check the USSD uptime."

Kuda is best for small personal transfers and digital natives who hate paperwork.

Local Insight

"Better rates, but harder to find a physical branch when you need paper."

Avoid the
NRS Penalty.

Planning a major project or choosing a bank? Every naira you spend is affected by updated 2026 Tax Reforms. The ₦50 EMT Levy is watching.