OPay and PalmPay are digital-only banks, or totally online banks, designed specifically for the Nigerian population. OPay and PalmPay provide many of the same services as traditional banks, though not all of them.
Apps like OPay and PalmPay are even registered banks with the CBN (Central Bank of Nigeria), and you may manage your Opay and PalmPay bank accounts totally from your phone.
Is OPay and PalmPay the only online banking platforms available to Nigerians? Fortunately, the answer is no. Other options include PalmPay and Opay, which are both secure ways to bank.
Alternatives Online Banks To OPay and PalmPay
In this article, we will discuss the top 5 apps similar to OPay and PalmPay.
1. Prospa
This is a digital bank for entrepreneurs and business owners. Their app is accessible on the Google Play and Apple App Stores. You may quickly open a Prospa business account. The app contains everything you need to manage your money on the platform. Prospa also offers outstanding human customer service 24 hours a day, seven days a week, and the platform allows you to send and receive money.
You can also create sub-accounts in Prospa. These sub-accounts could be for taxes, marketing, or other expenses. The business account is completely free to open.
2. Gomoney
Gomoney is a digital banking platform that allows you to save money, divide bills with friends and family, ask for financial help from friends and family, and carry money with you everywhere you go. All you have to do is download the Gomoney app. And begin using it for your banking transactions.
You can also use Gomoney to arrange your bill payments. You may also use the site to keep track of your costs. According to their website, the Gomoney system is likewise safe, and its mission is to integrate every Nigerian in the digital banking experience. Gomoney allows you to do transactions with any Nigerian bank, and the platform is fully insured, so you can be assured that your money is secure.
3. Abeg
Abeg is the ideal digital tool to utilize if you want to easily send and receive money from Nigerian friends and family. If you ordered food, you can pay with the Abeg app, which is available for Android and iOS users on Google Play and the Apple App Store, respectively. Abeg provides you with a digital wallet into which you can receive funds or send funds to others. You may also effortlessly fund your wallet. Abeg is a truly cool digital platform that allows you to go cashless.
4. Rubies Bank
Rubies is a digital platform that enables online banking. With the Rubies app, you may make deposits to other Nigerian bank accounts, request cards, and pay for services. Furthermore, the Rubies app can be used for both personal and corporate needs.
As a Rubies-enabled firm, you have access to the Rubies payroll system and the Open API. Rubies provide credit, including as loans, crowdfunding, and digital lending services, in addition to business and personal use. To top it all off, Rubies is completely free to begin with. The app is accessible for both Android and iOS users on Google Play and the Apple App Store.
5. ALAT by Wema
ALAT is a wholly digital bank owned by Nigeria’s well-known Wema bank. ALAT has an app that you can download from Google Play or the Apple App Store. An ALAT account is incredibly simple to open; all you need is your BVN and your phone number.
You do not require all of the superfluous paperwork that traditional banks require. You can use the ALAT digital banking platform to save money, apply for quick loans, get a bank card for your ALAT account, get a free virtual dollar card, pay bills and services, and much more.