Given advances in technology generally and Fintech specifically, E wallets have become rife. In Nigeria, there are several e-wallet options available for people to use.
In this article we will examine some of these e wallet options as well as how to use them.
E wallet Options In Nigeria
Listed below are some of the e wallet options available in Nigeria from which you can choose.
1. Paga
Paga is a popular e-wallet in Nigeria that allows users to send and receive money, pay bills, and buy airtime.
2. Flutterwave:
Flutterwave offers a digital payment platform that enables businesses and individuals to make and receive payments across Africa.
3. Interswitch Quickteller
Quickteller is a digital payment platform that allows users to pay bills, buy airtime, transfer money, and make online purchases.
4. Opay:
Opay provides a mobile money service that allows users to send and receive money, pay bills, and make purchases.
5. Kuda
Kuda is a digital bank in Nigeria that offers banking services through its mobile app, including sending and receiving money, bill payments, and savings accounts.
6. Carbon (formerly Paylater):
Carbon is a financial services platform that offers loans, bill payments, and other financial products through its mobile app.
These are some of the popular e-wallet options available in Nigeria that provide various services for users to manage their money digitally.
How To Start Using E wallets
To start using e wallet, irrespective of the option you choose, the processes are almost the same.
Using Paga as representative example, let’s examine it’s steps below.
Steps To Open A Paga E wallet
To open a Paga e-wallet, follow these simple steps:
1. Download the Paga app
Go to your phone’s app store and download the Paga app. It’s available for both Android and iOS devices.
2. Install and open the app
Once the app is downloaded, open it by tapping on the icon.
3. Sign up:
If you’re a new user, you’ll need to sign up for an account. Tap on the “Sign Up” or “Register” button, then follow the prompts to enter your details, such as your phone number, email address, and a password.
4. Verify your account:
After entering your details, you’ll receive a verification code via SMS or email. Enter the code in the app to verify your account.
5. Set up your PIN
Next, you’ll be prompted to set up a PIN for your account. This PIN will be used to secure your transactions, so choose a PIN that’s easy for you to remember but difficult for others to guess.
6. Add money to your wallet
Once your account is set up, you can add money to your wallet by linking your bank account or card to the app. Follow the instructions to link your preferred payment method and add funds to your wallet.
7. Start using your Paga wallet
At this point, you’ve successfully opened a Paga e-wallet. Now you can use it to send and receive money, pay bills, buy airtime, and more, all from your phone.
Remember to keep your PIN safe and never share it with anyone else.
In conclusion, the above information about Paga app is provided to assist you when you have need for online e wallet to enable you weigh this against other options open to you so as to take an informed decision. We equally advise that you check up our posts on risks associated with online loans, savings and transactions.
Equally note that our website, growfinance, neither provides loans and other banking services nor promotes any app over the other but merely gives information to the public based on information available from app owners
