1. Convenience With all the inconveniences Nigerians deal with daily, digital banking makes life less stressful for people. There is no longer a need to go to the bank and wait in line for every single transaction one needs to make. Time, they say, is money, and the time saved on each transaction could be …
Business activities such as banking, buying, and selling, transport bookings, entertainment and events have transitioned from manual operations to a more sophisticated affair. Relying heavily on digital assets, these activities are now easily accessed from anywhere in the world through the comfort of a mobile phone. Therefore, having a digital wallet is essential for anyone …
Digital banking is the automation of traditional banking services. It is also moving the products and services of traditional banking from a mortar and brick environment to an online or virtual world. The benefits of digital banking are numerous: digital banking grants customers access to banking products and services through an electronic/online platform. It eliminates …
There has been much talk about the importance of having savings accounts. Also, there are so many options out there nowadays, especially with fintech companies coming onto the scene. One important option to consider is fixed savings, i.e., a low-risk savings option which allows you to set aside an amount of money that you cannot …
5 Top Reasons Why Fixed Savings Is a Big Deal in Nigeria Read More »
We live in a hectic and complex world, and carrying cash around in your pockets no longer cuts it. How would cash payments help if you run a business with clients across the globe? It would only make things harder for you if you depend on doing business with cash. Today, cash payments are gradually …
3 Reasons Online Payments are a Safer and Better Option Read More »
Sometimes, you feel a sudden fear when something you are enjoying is about to finish. You want to keep some of it for another time, but can you really keep it? It is the same with your money. It is natural to want to enjoy the money you have, but you also know it is …
Until recently, when people thought of saving, the safest and best option was brick and mortar banks. People worked so hard to save whatever they could. But, sadly, when it came time to withdraw, they would find that the interest rate on their savings was nothing to boast about. Thankfully, with the explosion and spread …
Until now, many people were scared of taking loans for any reason at all. Whenever the option of loan taking is mentioned to people who urgently need it, they become uneasy. Perhaps it is because they do not want to be burdened with the processes involved in securing a loan from a traditional bank or …
