Tue, 16 Apr 2024

eNaira

Banks start integrating e-Naira app despite postponement.
 
By: Morolake Kolade
Thu, 7 Oct 2021   ||   Nigeria,
 


Several banks across the country have started to integrate the e-Naira feature on their applications despite the CBN's recent postponement of the unveiling of the digital currency.
It was gathered that the Guaranty Trust World app in its latest update had already integrated an e-Naira feature.  The information gathered however revealed that when opened, the bank said, “Kindly note that you will need to download and onboard on the CBN e-Naira speed wallet app to create your e-Naira username and password.”
Speaking about the e-Naira wallet, the Central Bank of Nigeria stated that the e-Naira wallet is a digital storage to hold the e-Naira.
The bank said, “Your e-Naira wallet offers a great way of making purchases with retailers on-site, transferring or sending money while tracking rewards programmes. “You can link the e-wallet to your bank account or pay as you go with a prepay option.
“In addition, the embedded security token system makes your information unreadable to fraudsters because tokens are randomly generated every time you make a payment.”
The CBN had said that banks were integral to the establishment of the e-Naira, on the e-Naira website.

 

Tag(s):
 
 
Back to News