How Yahoo Boys Use Your BVN To Steal Money From Your Bank Accounts

New technology of defrauding Nigerians without an Alert

Have you been wondering how 419 or Yahoo Boys ( online fraudsters) in Nigeria could use your BVN to steal money from your bank account? In this post, we’ll tell you why you need to securely safeguard your Bank Verification Number (BVN). Quick one: Sometimes ago, one of our members on InfomediaNG WhatsApp Group asked: …

Use These Codes To Block Your Bank Account If Your Debit Card Is Stolen

How to use GTBank 737 USSD Code to Perform Banking Transactions

A few years back, a friend was robbed, his wallet which contains some monies and his ATM Debit Card was stolen. Good for him, the robbers didn’t see his mobile phone. And within a few minutes he communicated his bank by dialling USSD code to block his account number. This means his ATM card with …

How To Use WhatsApp Payment To Send And Receive Money

WhatsApp Payment To Send And Receive Money

WhatsApp payment is finally here, making it possible to send and receive money on the messaging app with ease. Sometimes ago, Mark Zuckerberg announced a plan to incorporate Unified Payments Interface (UPI) on WhatsApp in order to facilitate money transfer. You can setup UPI account within a few seconds and setup a PIN to use …

Kuda Raises $10M To Dominate Digital-Only Bank In Africa

Kuda bank

Nigeria’s digital-only financial institution Kuda Bank has raised 10 million US dollars to further expand its digital baking across Nigeria, Africa and around the World. Kuda is the first digital-only bank in Nigeria licensed by the Central Bank of Nigeria. The $10 million funds is the biggest seed round ever to be raised in Africa as the bank …

CBN Directs Banks to Confirm Swift Transactions Within 48 Hours

CBN uplifts forex market with $308.5m

Going forward, deposit money banks in Nigeria are to make sure that the confirmation of swift transactions are done within two business working days, meaning confirmation are to get to swift within 48 hours of the performance of the transactions. Nigeria’s apex bank issued the directive in a statement to all banks and signed by CBN’s Director for …

OPay and WorldRemit Collaborate On international Mobile Money Transfer

Transfer From Opay Account To Your Bank Account

Nigerian financial service providers OPay says it will be collaborating with a cross-border money transfer firm, WorldRemit, to offer international money transfers directly into OPay mobile wallets right here in Nigeria. OPay is a leading mobile money (MMO) and financial technology platform in Nigeria with over 300,000 networks of agents and over 5 million registered app users. It …

Kuda Added On PayStack Pay With Bank Channel, It’s Good News for Merchants

paystack-payment platfrom

As a promoter of inclusive financial technology, we’re thrilled to discover that Africa’s foremost online and offline payment firm PayStack added Kuda Bank,  another technology-driven financial institution to its list of pay with bank channel. With this new PWB channel, payment has just been made simple thereby opening more doors of opportunities to grow your …

How To Withdraw Money With Fingerprint At ATM Location (VIDEO)

Technology has made it possible for you to withdraw money from ATM using fingerprint at any GT bank location across the country. Your fingerprint which was taken while opening a bank account can now be used by you whenever you plan to make a withdrawal from an Automated Machine. Fingerprint withdrawal is a new feature …