How to send money without a bank account in Nigeria
- Nigerians are increasingly adopting fintech wallets and mobile money services for fast and secure transfers.
- Limited access to banking services and high transaction fees are driving people away from traditional banks.
- Mobile apps like OPay, PalmPay, and Moniepoint allow users to send money using just their phone number.
The shift towards fintech solutions in Nigeria represents a significant advancement in financial inclusion, particularly for the unbanked population. However, it is crucial to ensure that users are educated about security practices to prevent fraud and misuse of these services. Continued innovation in this space could further enhance accessibility and convenience for all Nigerians.
