How to Create Payment Phrases

Learn how to create memorable payment phrases that make receiving money as easy as sharing a text message.

Step-by-Step Guide

1

Open KoletMoni App

Launch the KoletMoni app on your smartphone and log into your account. If you don't have an account yet, sign up with your phone number and complete the verification process.

Tap the "Create Phrase" button on your dashboard

Create New Phrase

2

Choose Your Phrase

Enter a memorable phrase that represents your payment. Make it descriptive and easy to remember. Examples: "SchoolFees2024", "RentPayment", "WeddingGift".

Use descriptive words
Include year or purpose
Keep it under 20 characters
SchoolFees2024
✓ Available phrase name
3

Set Amount & Options

Enter the amount you want to receive and choose your phrase type. You can create basic phrases (₦10), phrases with expiry dates (₦50), or recurring phrases (₦100).

Basic: One-time use, ₦10
Expiry: Time-limited, ₦50
Recurring: Up to 10 uses, ₦100
50,000
Basic Phrase (₦10)
4

Create Your PIN

Set a secure 4-digit PIN that will protect your phrase. This PIN is required for anyone to use your phrase, so keep it safe and don't share it with unauthorized persons.

Use a unique 4-digit PIN
Don't use obvious combinations
Keep it confidential
🔒 PIN will be encrypted and stored securely
5

Share Your Phrase

Once created, share your phrase with people who need to pay you. You can share via WhatsApp, SMS, social media, or generate a QR code for in-person transactions.

Share via messaging apps
Generate QR codes
Post on social media

Your phrase is ready!

SchoolFees2024

Pro Tips for Better Phrases

Do's

  • • Use descriptive, memorable names
  • • Include purpose or year
  • • Keep phrases under 20 characters
  • • Use unique PINs for each phrase
  • • Share only with intended recipients

Don'ts

  • • Don't use personal information
  • • Avoid special characters
  • • Don't share PINs publicly
  • • Don't use obvious PIN combinations
  • • Don't create duplicate phrases

Example Phrases

SchoolFees2024

For tuition payments

WeddingGift

For wedding contributions

RentJan2024

For monthly rent

Ready to Create Your First Phrase?

Join the KoletMoni beta program and start creating memorable payment phrases today.