BeepTool, a Nigerian tech startup has launched m-Naira, an app designed to bridge the gap in financial inclusion, mobile payment and remittances.
m-Naira app is designed to be the fastest and most secure way to send and remit money home directly to a bank account or mobile wallet. The BeepTool m-Naira app can also help users pay for bills for family and friends from any part of the world.
Some of the unique features of the app include:
*Instant transfer available from any UK, USA and EU approved countries of the world to Nigeria with 24/7 delivery,
*Real-time updates on your transfer, so you know exactly where your money is
*No credit or debit card fees
*Has a high level of encryption, Know Your Customer (KYC) and security.
*m-Naira Ajo scheme
*Contactless payment method using a QR code scan from m-Naira app, users can make mobile payments at stores and to merchants.
*Blink with m-Naira- this a mobile payment feature available in m-Naira app allowing users to make payments.
Speaking to the media at the launch of m-Naira, Mayowa Ihinmikaiye, Co-founder & Business Development manager, BeepTool CIS Limited said “m-Naira App is a value sharing and money transfer services platform that interconnects all Nigerian bank accounts, Mobile wallets, and billing systems to deliver instant remittance services to Nigeria from anywhere in the world. Whether you’re supporting your family or doing business in Nigeria, m-Naira App makes it convenient and safer to Send, Receive, Pay and save cash instantly from your phone, at a quarter of the cost of your bank or high street money transfer provider.”
“m-Naira App works directly with service providers to enable remote payment for services such as utilities, healthcare, school tuition, etc. Nigerians living in rural areas are not left out, as we are connecting them to the financial world using Nano-satellites. This will allow Nigerians in areas with poor or no connectivity use m-Naira app to send and receive payment for goods and service,” he added.
The mobile app can be downloaded via Google Play Store for now, with the iOS version coming soon or via the website.