No, the Central Bank of Nigeria (CBN) didn’t completely blocked OPay, PalmPay, Kuda, Moniepoint and others in Nigeria. The apex bank partially banned these fintech companies from onboarding new customers. According to CBN, the reason behind the ban is not limited to the fact that those fintech accounts are being used for Foreign Exchange transactions … Read more
Although, Kuda Bank is a Digital Banking without physical branches like commercial banks. But the digital bank does have offices across the world. One of it offices is the one located in Yaba, Lagos Nigeria. Kuda Bank, a popular digital-first and mobile-only bank in Nigeria, doesn’t have traditional branches with tellers and waiting lines. So, … Read more
Kuda Bank classified itself as “Bank of the Free”. With this, I don’t think there should be a difficult way to complain any issues to the Bank’s customer service. However, it’s important to keep your complains short and straight to the point. Furthermore, don’t overwhelmed it will to many questions; that’s ask a question at … Read more
First of all, Moniepoint is one of the leading Financial Institution in Nigeria that offers financial services to the people in banked and unbanked area through it agency banking network – POS. Moniepoint offers three types of POS Machines to it agents; Traditional POS, Android POS and Smart/Mini POS. However, it’s crucial to understand how … Read more
Do you know that you can actually buy the American, British and Canadian Gift Cards on the PalmPay App in Nigeria? Well, if you don’t know, you just know. In this article, we’ll walk you through, with image illustrations, how to purchase USD, GBP and CAD Gift Cards on the PalmPay App in Nigeria. Let’s … Read more
Depending of my experience, OPay has been in existence in Nigeria since for almost six yeas now. According press, OPay celebrated the 5TH year in Nigerian’s banking market as of July 26, 2023. This simply means that OPay will celebrate another year in July 26, 2024, marking six years in Nigeria’s banking emerging market. In … Read more
Flutterwave, Africa’s leading payment technology company, has received an approval-in-principle for its payment aggregator license from Mozambique’s Central Bank. This move allows Flutterwave to offer its full suite of payment solutions within Mozambique, strengthening its presence in southern Africa. Mozambique boasts a rapidly growing e-payment sector. Experts predict the country’s digital transaction value to surge … Read more
MTN MiFi is a portable wireless device offered by MTN (a leading telecommunications company in Nigeria and Africa and the Middle East) that provides internet connectivity via a mobile network. The device functions as a mobile Wi-Fi hotspot, allowing multiple devices, such as smartphones, tablets, laptops, and other Wi-Fi-enabled gadgets, to connect to the internet … Read more
A UBA Indemnity form is a legal document used by United Bank for Africa (UBA) to protect itself from liability in certain situations. There are different indemnity forms for various situations, but they all generally follow the same principle. UBA offers various Indemnity Forms for different customer’s situations. Some of these UBA Indemnity Forms are: … Read more
No, OPAY Card is not a VISA Card and it’s not a MasterCard neither. OPay offers physical ATM Debit Card and Virtual Card which is useful for online payment as Verve Card in Nigeria. You can Learn more about OPAY Card here and about OPay Card local and International Spendings. Although, it’s true that OPAY … Read more