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Tag: Money Transfer

How Rise of Neo Banks is Shaping the Fintech Industry

How Rise of Neo Banks is Shaping the Fintech Industry

Finance
Neo banking has gained momentum in India lately. In fact, neo banks are capturing the fintech industry on a global level. You may be wondering what the buzz is there about neo banks.With the digital world achieving new heights, the concept of banking without banks and banks without branches is picking up. Every now and then, there is a new player on the market that wants to simplify financial services, gaining customer attention to a greater extent.What are neo banks?Neo banks are online entities without any physical branches, providing an orchestra of services tailored to enhance the banking experience for customers. They are nothing but financial service providers that largely target today’s tech-savvy consumers.With digital and mobile-first financial solutions for ...
How to Increase Daily Transfer Limit of Banks in Nigeria

How to Increase Daily Transfer Limit of Banks in Nigeria

Finance
Transfer limit - With the arrival of digital banking, there is no doubt that it will end the stress of banking. You don't need to go to the bank for simple transactions such as cash deposits, cash transfers, and cash withdrawals.The digital trend is not without its stress and problems. Our loyal readers continue to send us requests regarding transfer limits for different banks, both via USSD code or Mobile Banking.You've probably tried to register on your bank's USSD or Mobile Banking platform. Most often, you will be asked to increase your transfer limit. This is not an attempt to prevent you from accessing your hard-earned money. It's simply a way to increase the safety of your funds.Why the banks limit your transfer limitIf your bank details or phone are compromised by ...