As a merchant or agent looking to venture into point-of-sales (POS) business in Nigeria, one of the factors you need to consider before choosing a POS terminal is daily target. Studies and interviews with operators suggest 60-80% of POS agents in Nigeria work with daily targets, mostly imposed by their POS providers.In this article, we’ll walk you through everything you needed to know about Palmpay POS Daily Target. Let’s get started!PalmPay POS Daily TargetThere is a ₦20,000 daily target on all PalmPay POS Machines. However, this daily target is only applicable to agents and merchants who purchased the POS device…
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Moniepoint Debit Card is a spending card that can be used on any ATM nationwide. The card can also be used for purchasing subscriptions online. E.g., you can subscribe to YouTube Music using Moniepoint ATM Card. The card also works on Spotify, Apple Pay but doesn’t work on Alibaba or AliExpress.To activate Moniepoint ATM Card is simple. But first, you need to request the debit card, get it delivered to your preferred address and proceed to activate it so that you can make use of it.In this article, we will explain to you how you can activate Moniepoint ATM Card…
According to report by TC Report, the raised ₦75 billion through an oversubscribed commercial paper issuance by the country’s largest mobile network operator will support the operator’s working capital and short-term liquidity needs. “The funds will support daily operations and meet immediate financial obligations,” the report says.The ₦75 billion funds concludes MTN Nigeria’s issuance of Series 11 and 12 commercial papers, which are short-term debt instruments used by companies to raise funds from investors. These issuances were part of MTN Nigeria’s larger ₦250 billion Commercial Paper Issuance Programme, which allows the company to issue such instruments over time.For these particular…
MoneyEasily is an online platform claiming to offer users money for completing simple tasks such as filling out surveys, clicking on ads, watching videos, downloading apps and mobile games, referring friends and so much more. The app positions itself as a “get-paid-to” (GPT) site where users can allegedly earn through minimal effort.Many people around the world are searching for “MoneyEasily” to understand whether the app is legitimate or a scam. However, the general sentiment, based on multiple reviews and investigations, strongly indicates that MoneyEasily is not a trustworthy money making app.Speaking of which, we also engaged with some users to…
Updating bank verification number (BVN) on OPay account is not a simple task. If you decide to contact customer support team, they will not respond as your demand is not relevant. Meanwhile, you don’t feel safe having your BVN on the OPay app or you don’t want to use the account anymore.Whatever your reason might be, do understand that contacting OPay directly will not change, update or remove your BVN. We will explain to you here another method you can explore to change or update your BVN.However, do understand that the method we will explore in this article only works…
The CEO of the Redeemed Church, Pastor Enoch Adeboye has made it clear that if not for God’s divine interventions, the naira to dollar exchange rate could have escalated to $1 to ₦10,000. Speaking at the Special Holy Ghost Congress in Abuja, he attributed the naira current exchange rate stability to divine intervention.If God didn’t intervene. $1 will be N10,000 by now – Pastor Adeboye.Recall that the naira to dollar exchange rate was once almost in N2000 per $1 in the previous month.Pastor Adeboye highlighted Nigeria’s economic struggles prior to President Bola Tinubu’s administration, emphasizing the paradox of a nation…
Many OPAY users in Nigeria have compromised their accounts in one way or another. Some might have borrowed loan and refuse to repay. Meanwhile, due to the fact that OPAY is one of the most popular and most used money money service in the country, it’s nearly impossible to do without it. So, users who have compromised their accounts are looking for another way to create a second OPAY account.This is how the question “Can I have two OPAY accounts” was formed. In this article, I’m going to explain how two opay accounts can be created with one name and…
The “Out-of-Pattern Transaction” in GTBank refers to a security feature used within the bank’s system to identify and flag transactions that deviate from a customer’s usual spending or transaction behavior. In other words, it is a financial transaction that doesn’t match a customer’s typical activity or a business’s expected pattern.When “out of pattern transaction” limit is placed on your GTBank account, you will not be able to perform any transactions on the bank account until the issue is resolved. This security feature is part of the bank’s efforts to prevent, stop and fight unauthorized access, fraud, and financial losses on…
Meta’s Threads is set to launch advertising business on its social media app in early 2025 as reported by The Information. According to the report, the X competitor will only allow a small number of advertisers to buy ads space on the platform in January. Meanwhile, the numbers and names of advertisers that will allowed to make and publish ads on the platform are yet to be stated.Threads app was one of the social media platforms launched to challenge X, formerly Twitter, during its chaotic takeover by billionaire Elon Musk; when he was in a bid to win the Twitter.…
In today’s Nigeria banking system, there are too many errors and glitches that are causing errors like dispense error while making payments or withdrawals for the goods and services purchased. When Dispense Error occurs, you account will be debited for a transaction and value of funds for the debit will not be received.The Dispense Error can either happens at the point of making payments via POS/Web or at the ATM whereby cash is not dispensed from the money machine but the exact amount has been debited from your account.In this case, many GTB customers believe a “Reversal Code” will be…