Disclaimer: My friends do not trust Virtual banks enough to put a huge sum of money there.
I have been using virtual banks even before they became mainstream. I learned about them in one of the financial books I read in late 2020.
A lot of people use OPay. But I love Palmpay. They have Gamification too and I enjoy using them. Sometimes when I remember i can get credits for a discount, I do not hesitate to go there and buy from them. Earning those rewards are mouthwatering since I can use it.
The best part of these Virtual banks is the ability to get refunds if you mistakenly recharged more than you wanted.
Referrals are cool. And you are right,user retention is possible because it's a win-win situation.
Traditional Banks in their bottleneck system do not have all these flexibility. The only thing that's making traditional system thrive is because of the trust they've been able to garner for a while and the experience they have. If not, their system is totally terrible. Virtual banks will eventually take over. The Gamification experience is overwhelming and one thing is that the prospective competition that will ensue amongst them is the reason why they'll get better.
Lol. If such a thing happened in the past..... Just look for neighbors who would buy from you .... Hehehehe 😆
That's true. When I began using Opay it was like a whole new world. It was like my eyes opened. I have actually upgraded the account and now I have no transaction or savings limit. Zenith bank dealt with me. Infact I have earned over 1200 Cashback in just two months. The Gamification is amazing
I am glad you are enjoying the app.
When my friend convinced me to use the app because of the reward system, it was timely, because I had this job, I was standing in for my friend, I utilized the app, to sell cards, do transfer, and sometimes deposit money for people in my boss's shop.. hehehehe..
It was so cool. I made money that month ehh especially because I had cash backs 😅
If I may ask what the meaning of this feather with our name on peakD
Feather? Which feather is that bro?