Revolution of payment platform and micro finance banks in Nigeria

==Revolution of payment platform and micro finance banks, can be defined as a process, of  forceful movement of financial services, by government or over financial services, morthan the population of the people in the country, or more than the country economy; Therefore the overdraw of the financial services in Nigeria, is the chenel of corruption and money laundering by criminals; The country where the financial services are morthan the economy, can find it difficult, to control financial crime; That is the reason why American band mobile money services. But when you look at today, Nigeria is a number one country, in the world with, mobile money services, or in general, financial services; but the economy and the population of the people are law. Let look at the list of financial institution in Nigeria, according to their level.
(i) Payment platforms: The names of payment platform in Nigeria are:
•Paga 
•Opay
•Konga
•Kuda
•Vogupay
•Fet payment system
•Virtual terminal network (VTN)
•Pay point
•Kash Kash
•Sumo trust
•Pigi vest
•Zenta pay.
•American express
•Paypal
•Money gram
•Club Konet (Nanabite system)
•Hope bank
•Interswhish
•Quick teller
•Eatholoum wallet
•Money box's
•eTrazac
•Pay attitude
•Pack away 
•Stack pay
•Pay stack
•Fair Money
•Palm pay
•Jumia pay
•One finance
•Caborn Bank
•True Naira
•Easy moni
•Go money
•Go Cash
•Umba mobile
•Naira plus
•Niger Cash
•True Naira
•Cellulant
•M-Pesa
•Western union
etc.
(ii) Payment services under commercial banks!
•Fcmb easy account, by (First City muniment bank)
•Access money Wallet by, access Bank./Airtel
•Access mobile wallet by access Bank/MTN
•First moni wallet, by First bank
•Alat by Wema bank
•9pay by UBA bank
•Gtb mobile wallet, by Gtbank
•Stanbic bank mobile wallet by Stanbic bank
•Zenith bank mobile wallet by Zenith bank. 
•e-Naira by CBN
etc.
(iii) List of Micro finance banks in Nigeria:
•Nasal Micro finance bank
•Mutual trust micro finance bank
•Rephidim, Micro finance bank
•Shepherd Trust micro finance bank
•Empire Trust micro finance bank
•Finca micro finance bank
•Fina trust micro finance bank
•Accion micro finance bank
•Peace micro finance bank
•AB Micro finance bank
•Mainstreet micro finance bank
•Altitude micro finance bank
•FBN micro finance bank
•Rehoboth micro finance bank
•Fortis micro finance bank. etc.
(iv) List of commercial banks in Nigeria:
•First bank
•Gtbank
•Fidelity bank
•FCMB bank
•UBA bank            
•Access Bank
•Union bank
•Zenith bank
Above list is banks with international authorization in Nigeria!
==Banks with National authorization:
•Eco bank
•Polaris bank
•Citibank Nigeria limited
•Heritage Bank PLC
•Keystone bank limited
•Stanbic IBTC Bank PLC
•Standard Chartered
•Sterling Bank
•Titan trust bank limited
•Wema bank and Unity bank
==Financial institution under regional authorization in Nigeria!
•Globus Bank limited
•Suntrust Bank limited
•Providous bank
•Jaiz bank
•TAJbank
••••And each of this banks have morthan 43 branches in each state, within 36 state, apart from mobile money wallet and payment platform by internet, if i can transfer money in my bank account, and charge the fees of 10.75 naira, then i use wallet and pay the transaction fees of 100 naira, what is the value of my bank account, and bank POS,? Or if i can save 300.000 in a wallet, with similar limit of my standards saving account, then it means commercial banks, does not have eny value again.
••••••If you look at above list of financial services in Nigeria, you may know that something is going Rong in Nigeria; Not even only that, it now bring big barials  against Nigeria identity, such as BVN, Nim, driver license,  and voters card, most especially BVN, because all of the financial services either small or big, is in request for costomer bank verification Number (B.V.N) which is very bad, for mobile wallet to request for costomer bank verification number, compère to normal bank account. That is number one thing that corope the economy of Nigeria.
•••••••••What federal government should do, if possible!
1.All unknown payment platform should be terminated. or all the mobile wallet in Nigeria should be avoided or band, like other country in the world.
2.CBN, should take serious action, about does that use it name, to do violence, should be sanctions in the Cort.
3.Federal government should allow only commercial,national and regional banking to use BVN, as a means of adentification.
4. All other small- small financial institution, should use voter card only. If they can be allowed.
5.Micro finance banks should use TIN and CAC document, for loans process and other adentification.
 





Comments

Post a Comment

Popular posts from this blog

No Nile; no Egypt, Discuse!

Image
 No Nile, No Egypt Discuse! •No Nile no Egypt Discuse:    •I need to discover true where this river drive from; River Nile is a combination of two rivers, which drive from Nigeria,  North-northwest ;  River Benue, while south-southeast ; River Niger,. The mid point of this two Rivers, is the source of river Nile;       The Nile river flows over 6,600 kilometers (4,100 miles) until emptying into the Mediterranean sea. For thousand of years the river as provide the source of Irrigation to transform the dry area around it into lush agricultural land. That's  why Nigeria called a maind Land in the world, because of his two natural rivers; which is River Niger and River Benue.  Nigeria as discover himself by structure is like a Catapool, which means Nigeria look like a Catapool in map of the world, because of his (Y);  Nigeria got independent in 1 October 1960; Nigeria is Land that God made his sing of promise; to...
Read more

The first King of Koma!

 Sasiya was an early king of Koma land   Sasiya   the first King of Koma popularly known as Garba Bbagi . He was born in 78 BC •Home town; Bgagi Damti dushe; •Marital life;  Sasiya   the first king of Koma marry 3 wives; the name of his first wive was Sakai from the family of Bagaeunom, while Lemnoko the second wive from the farmily of Baleunom; and Nasenai, from the family of Batainom; Sasiya the great Koma traditional King, give birth to his first son when he was 25 years old, He have  sons and daughters, when he was 45 years,  his first son name was Mulki Sasiya , whom mother was Sakai, the early prince of Koma land, the siniour brother of, Dibiwawu, and Mathew Sasiya; Sasiya Garba is a very  powerful traditional King in Koma land; and also a must wealthdest man in Koma land;    Sasiya is a man of transformations he can transform into different wild animals,  such as  Lions, Tiger, Jaguar, Leopard and corcodile ; however...
Read more

The list, of 10 African country, where Money can buy Love!

 What is Love??  Love is simply defined according to, Love geologist,  "is something that you can feel it, but you can't touch it, or see with your necket eyes; while some define Love as a feeling in nature; According to my definition, "Love is word that doesn't as a definition, but deal with the nature of life in featured, which demonstrate with feeling and care, for whom your heart deserves. Love remain Love, until you go true about it, Some said love is a bliend,  But love is not even bliend, No matter what you Difine love with, love always remain Love, Some bleave that Money can't buy love, but i will give you with the list of 10 African country, where your money can buy and rent love, nowadays, " nowadays your money are your love, your wealth and Richie's are your everything on earth now,  let look at list below: 1) Cameroon :  Cameroon is a largest and the one of the most populated, country in west Africa, "the population of Cameroon in 2020, e...
Read more