Your Terminal PIN and Business PIN are essential security features with very different functions. We’ve made it easy for you to know the difference by breaking down what each is responsible for. 

Your Terminal PIN is used when you need to:

1. Sync Transaction 
2. Download keys and 
3. Print the Last Receipt 

While ‘Business PIN’ still serves the purpose of:

1. Authentication of Withdrawals
2. Authentication of Deposits

Some of the transactions requiring a Business PIN are:

1. Account Balance
2. Statement of Account
3. Bill Payment
4. Transfer
5. Airtime purchase
6. POS transfer (reject)
7. Monnify collections
8. Card transfers