The working hours of Commercial International Bank (CIB) vary by service and branches location. However, the bank equips customers with 24/7 digital services that allows them transact anytime and anywhere.ATMs are also available all over Egypt that works 24/7 to dispense Egyptian Pounds (EGP). You can learn more about Best USD ATMs in Egypt that are dispensing United States Dollars in cash and Banks’ ATMs that are available in Cairo International Airport (CAI).Speaking of CIB branches working hours, it’s important to note that the working hours vary depending on services and branches locations. In this article, we’ll explain how CIB branches…
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Most Egyptians Banks’ Automated Teller Machines (ATMs) are available in Cairo International Airport (CAI). Usually, majority of these Airport ATMs dispense both Egyptian Pounds (EGP) and United States Dollar (USD). More so, the Cairo Airport ATMs are in English language as well as Arabic.So, as a foreigner, there are various options to use when you get to any ATM at Cairo airport. In this article, we will explore some ATMs available at terminal 1, terminal 2 and terminal 3 in Cairo International Airport (CAI). Let’s dive straight in.ATMs at Terminal 1 in Cairo AirportIn Cairo Airport Terminal 1, ATMs are…
The National Bank of Ethiopia (NBE) currently uses an indicative daily exchange rate system plus transactions in the formal banking system to calculate exchange rates for various currencies.“The ‘Indicative Daily Exchange Rate’ reflects the weighted average exchange rate calculated from FX transactions conducted by banks in the previous day,” the apex bank said.Today, the NBE exchange rate for the US Dollar to Ethiopian Birr is 122.1943 ETB for buying and 124.176 ETB for selling.The Kenyan Shelling exchange rate on the NBE is 0.9417 ETB per Ksh for buying and 0.9682 ETB per KSh for selling.The Canadian Dollars exchange rate on…
There are many multi-currencies ATM available in Egypt that allows users to withdraw cash in United States Dollars (USD), European Euro (EUR), Great British Pounds (GBP) and Egyptian Pounds (EGP).However, in this article, we will be focusing more on USD ATM in Egypt than any other international currencies. We will talk about Dollar ATM near you and how to use the USD ATM in Egypt.Requirements to Get USD ATM Dispense Dollar in Cash in EgyptHere are the requirements to get USD ATMs in Egypt to dispense dollars in cash:You mush have a domiciliary account dominated in USD.You must have a…
Nigeria has a growing number of companies involved in the issuance of Point-of-Sale (POS) machines, driven by the rapid adoption of cashless payment systems. These POS machines serve as the primary driver of financial inclusion in Nigeria.Many fintech companies in Nigeria are providing these payment terminals to their agency networks so that every underserved communities can get access to seamless financial solutions.There are more than 25.54 million POS terminals registered as of mid-2024, with significant contributions from both traditional banks and fintech firms. PalmPay alone claims to have over 500,000 agents, demonstrating the scale of fintech participation in the Nigeria…
Starting a POS business in Nigeria would require a banner which can be used to showcase and advertise your banking agency business especially in underserved communities. Many Moniepoint POS agents are using Banners to promote their POS services, informing people and enhancing visibility and attracting potential customers.According to Henry Ford, he says “stopping advertising to save money is like stopping your watch to save time.” This quote emphasizes importance of consistent advertising for business growth and sustainability.However, for Moniepoint agents, they are small medium businesses and one of the limited options to advertise their banking services is through creating a…
Tracking your OPAY transactions gives you more transparency and accountability over your payments and transfers on the app. It also helps you to analyze your budget and manage your expenses well.Furthermore, tracking your OPay transactions makes resolving disputes effectively easy in case of failed or incorrect transaction. More so, it serves as proof of payment to customers or merchants.In this article, we’ll explore how to track OPay transactions. You can track transactions on OPay using transaction receipts, session ID, transaction ID and contacting customer support. Here’s how:Track OPAY Transaction through ReceiptThis is the most simplest method to track transactions on…
Bitnob is one of the fintech platforms in Africa that’s providing a virtual Mastercard denominated in United States Dollars (USD). The Bitnob virtual card is a digital prepaid USD MasterCard which can be used to shop and make payments for services online.Bitnob virtual dollar card works on all websites that accept MasterCard and Visa card including AliExpress, AliBaba, SHEIN, Amazon, Netflix, YouTube, Namecheap, Spotify and other. In other words, Bitnob virtual cards allows individuals that owns it to pay various merchants and websites to make, without being limited by un-favourable government policies – especially in Nigeria.In this article, we review…
As a Moniepoint agent, one of the most important things to understand in your POS terminal is how the transaction charges are being calculated. Because, it will give you more clue on how you can charge your customers per financial services you renders.In this article, we will explain how Moniepoint POS transaction charges are calculated and the mathematical equation for examples.Moniepoint POS ChargesFor customers’ debit card withdrawals, Moniepoint charges a flat rate of 0.5% between N1 and N20,000, and a flat rate of N100 for transactions above N20,000.For customers’ cash transfers to other banks, Moniepoint charges a flat rate of…
Many Moniepoint agents offering banking services to communities are finding it difficult to purchase data for customers on their POS terminals. But I have come with a solution to this problem.In this article, I will explain to you how to buy data on your Moniepoint POS and alternate method to use if “Buy Data” option is not available on your POS Machine.To buy data on Moniepoint POS:Press any button on your POS device to unlock the terminal.Open the Moniepoint POS app and click “top up”.Under the “top up” page, look for “Buy Data” or “Purchase Data” and click on it.Choose…