Chipper Cash Rolls out new Changes for its new Customers in Nigeria

Chipper Cash on Wednesday announced changes for its users who are new to the Chipper ecosystem in Nigeria. The new change will help make it easier for the new users to set up their accounts to get started.

As part of the changes, Nigerian customers will be able to access local P2P transfers, discounted airtime, and data bundles, along with the ability to make bill payments all through a new, more straightforward, and streamlined onboarding process.

More specifically, the company has reduced the amount of information it requires from new customers to get their accounts set up and going, making it easier and quicker for people to get their accounts up and running.

Chipper Cash, Market Expansion Lead, Alan Tsen on the company’s website wrote, “Our goal with this update is to allow those new to Chipper to download the app and start exploring what we offer immediately.”

The company has also updated limits for new customers in Nigeria. When a new customer signs up to Chipper’s initial verification tier, there are a few daily, monthly, annual, and wallet transaction limits.

Transaction Limits for New Customers on Chipper’s Initial Tier of Verification

• Daily: 42,000 Naira (~$102 USD)
• Monthly: 210,000 Naira (~$510 USD)
• Annual: 1M Naira (~$2,433 USD)
• Wallet Limit: 300,000 Naira (~$729 USD)

However, to access higher limits and the company’s full range of products, you’ll simply need to provide some further information, including a valid form of identification.

Once you’ve sent your first few transactions, you can upgrade to the chipper’s full suite of products. These include the ability to send cross-border payments, access virtual Visa cards, purchase US stocks, request money from friends, and even earn via our referral program.

Chipper said, “We are working hard to expand the new tier of verification to other markets, so keep a lookout for it in your country!”