How to Apply and Get GTBank POS Terminal in 5 Days
Opeyemi Quadri Do you know that GTBank Point-of-Sale (POS) terminal is free for small business owners and...
Banking
The Benefits of POS Terminals for SMEs in Nigeria
For small and medium-sized enterprises (SMEs), adopting modern payment solutions is critical to staying competitive...
What Is Annual Percentage Rate (APR)? How It Works With Relatable Sample
If you’ve ever taken out a loan, signed up for a credit card, or considered...
Is 3D Secure the same as 2FA?
No, 3D Secure and Two-Factor Authentication (2FA) are related because they serve as security layer...
How 3D Secure Works in Banking: A Guide for Banking Executives
The digital revolution in banking has reshaped how customers interact with financial institutions, but it...
Benefits of Two-Factor Authentication in Banking: Why You Need It
Imagine you leave your home and lock the door. You will also go ahead by...
What Customer Identity Verification Do I Need to Open a Bank Account?
Every licenced financial institution makes an effort to know who their customers are. This process...
Know Your Customer (KYC): Why It’s Important and How It Works
When you walk into a bank to open an account, one of the first things...
Interest Income: Meaning and Its Sources
Interest income is the money you earn from keeping your savings or investments in a...
How Joint Account Works
A joint account is a bank account that is shared by two or more people,...
How Does Instant Transfer Work?
An instant transfer is a quick and easy way to send money between people or...
Insufficient Funds: Meaning and Example
“Insufficient funds” is a message you see on an ATM or in your online banking...
Banking Mobility and How It Works
Banking mobility is a service that makes it easy for people to switch from one...
What is a Top Up in Banking?
Editorial Staff When you deposit into your bank account, that’s a top-up. You can also top up...
How To Register For GT Bank Internet Banking And Add New Account Numbers
If you just opened a domiciliary account, there is a possibility that your dorm account...