Mobile Money Services in Nigeria for Seamless Transactions and Purchases

Technology has dramatically transformed banking in Nigeria and Africa in general. Banking is no longer limited to the traditional brick and mortar setting but you can send and receive money on the go, thanks to mobile money.

At the present, Nigeria has a plethora of mobile money services and more keep popping up. Nigeria is not alone in this quest, several African countries such as Kenya also have wonderful mobile money services. The Kenyan M-PESA is a notable example.

Although the use of mobile money in Nigeria is still growing, it is promising. A few of the mobile money services are popular but several others are not.

Here are some of the notable mobile money services in Nigeria.

eTransact PocketMoni

PocketMoni goes with the mantra “your money, anytime, anywhere”, how true!  This completely described the all-inclusive banking services offered by PocketMoni.

To use this service, you just have to download the PocketMoni app to your smartphone and voila, you can begin enjoying its services.

This mobile money allows users to send and receive money, buy airtime, and pay bills. It also provides automated payroll solution, and you can even use its features without the internet. It makes recharging your phone airtime super-easy, just by dialing *389#.

GTB *737#

The *737# is nearly as popular as GTB itself. It allows users to perform full banking service even without an internet connection.

With this service, you can open an account, reactivate your account, transfer funds and airtime, top-up data, check account details, the list goes on.

In addition, the service provides full-scale mobile money service. You can pay all kinds of bills, perform cardless withdrawal, salary advances etc. In a nutshell, it is a highly efficient, effective, comprehensive, reliable and robust service.

QuickTeller QikQik

QikQik is exactly as its name implies, it is quick. It goes with the mantra “life is mobile”, allowing you to perform mobile banking services on the go.

It is a mobile money service available through QuickTeller that allows users to create and fund their e-wallet. The e-wallet may be funded via InterSwitch verve card.

With this mobile money service, users can pay bills, buy airtime, save money, transfer and receive money. Users can even withdraw their wallet amount via ATM and use their wallet amount to pay for goods and services.

Glo Mobile Money

Glo Xchange, the mobile money service for Glo, makes your mobile phone a mobile wallet. The mobile money service allows users to pay bills, purchase airtime, cash-in and cash-out, register customers and so forth.

The mobile giant has networks of agents across the country that helps to facilitate its mobile money services. It also has a handful of mobile money partners which include Firstmonie (owned by First Bank), Ecobank, and Stanbic IBTC Bank.

U-Mo Mobile Money Service

UBA owned U-Mobile is an interesting mobile money service designed to provide efficient service to over 90 million mobile phone users.

It includes a seamless platform with easy-to-use interface and features that allows UBA customers to access virtually all banking services.

With the mobile money service, you can purchase airtime, check your transaction history, send and receive money, pay bills, pay for goods and services, to mention a few. Interestingly, U-Mo is used by all and sundry including transporters, casual workers, traders, the list goes on.

We only scratched the surface of the mobile money services in Nigeria, a lot more others exist. Some of these include Paga, Stanbic IBTC *909#, Eazy Money, MTN Mobile Money, ReadyCash, Airtel Money and many more.

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