omenka:
If you don't wanna be owing her, then get her account number and make your payment into it whenever she sends you airtime.

Abi??

omenka:
If you don't wanna be owing her, then get her account number and make your payment into it whenever she sends you airtime.

Abi??

Acidosis:
So you'd rather queue in the bank than use ATM?


You'd rather walk in the rain to buy the recharge pin than dial a code on your phone?


It is not anyone's fault that people cannot stay innovative. The banks cannot be blamed for the poverty in the land.

Are you also aware of the fact that ATM has rendered many jobless? Are you also aware that POS has rendered many 'cashiers' useless?


If you cannot cope with Technology, get out! The banks are not at fault. See it is either you choose to stay innovative, or relocate to the village and queue up in your community bank. Drop this sympathetic mentality. The poor are poor because they are poor, it is no one's fault. Even Baba Ijebu has long switched to POS.

If you want to help the poor, simply help, give them money, job, etc., do not blame INNOVATION.

osile2012:


[size=18pt]In a more organized country where the system works and there is employment, That wont be a problem. But in a country like ours, where the common wealth of the nation is taken by a few to enrich their entire generation while others suffer, then its not the fault of the poor.

I dont have a problem with other services accessing your funds with ease and transfering the same funds to customers of the bank or other banks. But selling recharge cards, considering the economic situation of the people, should have been left for them. The could have even limited their sales to N10,000 and above. That way u can only recharge through the bank if your buying up to 10k. But here they even sell N100 recharge card.

For those talking about the charge the bank takes when u recharge via bank, its still insignificant to driving to the girls stand at N145 a litter . No matter what u suggest, whether its calling her on phone or paying into her account, purchasing from your account is much easier. The problem is that i dont even check my bundle balance again till its finish, unlike before when i have to go buy credit.

Some of those that print and distributes these cards to vendors are bank customers. Now the bank is taking over the business of their customers instead of giving them loans . So if the banks look at their accounts and see large inflow, they start selling card as competition .

Soon banks will start to open restaurant and buy buses for transport in the name of innovation . Let the banks stay in their lane abeg.
[/size]

dominique:
Good thing that you have realised your contribution to small scale business owners. Let's try to patronize anyway we can. They're badly hit by this economic downturn as they hardly sell like before.

My case is almost opposite to yours. I've been recharging via bank account for years because I hate scratching and loading cards. Recently, a friend that manages a small neighbourhood kiosk (@ my signature) has been facing financial difficulties. Recharge card is one of the few things she sells that I can use. So I had to reverse my decision and now I buy all my cards from her. I still hate loading cards, but the satisfaction I get that I am increasing someone's revenue base outweighs the annoyance of loading 15/16 digits into my phones.

omenka:
If you don't wanna be owing her, then get her account number and make your payment into it whenever she sends you airtime.

Abi??

canDy4eva:
Truth be told. There are certain businesses that will phase off as time goes on. We make calls via pay phones before but now "who does that". Remove centiments. How many developed countries do you c people selling recharge cards along the line. The more reason why you have to invest in yourself knowing that time waits for no one.

osile2012:


[size=18pt]Its not in my nature to owe, hence i cant buy on credit. Secondly, Like i said the comfort of loading from my phone has become addictive but i will still try to make the sacrifice. It would have been easier for me if such an option did not exist . The banks should not have introduced it .

I no longer remember card when i see money in my wallet. But i will try to patronize her when my data runs out this time. I pray it does not happen in the Night.[/size]

bjtinz:
Sorry most u making noise here are hypocrites unless:

you want to tell me you never bought from ShopRite instead of d local provision store

you never eaten from chicken reb, KFC, etc, instead of Iya Basira

you've never bought freshly baked bread from oceanic bakery or Shoprite instead of the local bread sellers.

I can go on and on. The fact remains times are changing and its not d fault of d banks.

osile2012:


[size=18pt]Its not in my nature to owe, hence i cant buy on credit. Secondly, Like i said the comfort of loading from my phone has become addictive but i will still try to make the sacrifice. It would have been easier for me if such an option did not exist . The banks should not have introduced it .

I no longer remember card when i see money in my wallet. But i will try to patronize her when my data runs out this time. I pray it does not happen in the Night.[/size]

spoilerx:



please sir , tell her to deliver credit to your home.

am sure she would . they barely even make enough profit sef.

osile2012:
I appreciate advancement in technology, but sometimes there are disadvantages that come with it. As the economic situation bites hard, unemployment situation worsens and inflation all time high, Nigerians find it hard to survive.

With the banks going into retail or recharge cards and data, this development further worsens the economic situation of these Nigerians who sell recharge cards for a living.

There was the girl i have been buying card from for years, i dont spend less than N10,000 monthly buying cards for both data and calls from her. Some months ago, i was introduced to this code from one of the banks to purchase credit. Ever since then, i have become very lazy to go and buy card. I am no longer worried that my data is about to expire,because i can simply buy with my phone from the comfort of my home or wherever i am.

Its been up to 6 months now, and i have not bought card from this girl. I feel guilty each time i am driving past and see the excitement on her face like before, expecting to make sales and i wave and tell her next time. I am sure she is wondering if i am buying from someone else or what exactly is happening.

I sometimes pass through another street when i remember i will meet her on my way. It pains me but i have become addicted to the simple method of purchasing from my phone. I no longer need to scratch the cards . But i just sat down today to calculate, and discovered that this girl has lost over N60,000 sales from me alone to the banks.

And i wonder, is it right for the banks to go into a business that these already poor Nigerians are managing to survive ? Are they not compounding the hardship for these Nigerians. The banks are laying of staff from within and also chasing people out of business outside.

pendusky:
Op your topic is misleading...

You could have written

"How Technology is making people poor"

My sister "flash" me in the middle of the night, I didn't have much credit, Do I have to call iya sikiru to send me Airtime at that time? no.. I simply dial Sterling Bank Recharge code *822*Amount# and my account was credited, when I call her she was crying, she need data to finish her term paper which to her will be submitted in the morning, I simply dial *822*Amount*Her No# (Sterling Bank third party recharge) and she was credited, that solve the problem.. Gbam

Take a careful look at banks these days, you don't meet much paying tellers, they will advise you, sire pls use the ATM, owing to these, banks don't employ more hands for this purpose because ATM (Technology is doing the work)

I could remember when I was in school when water biz came out, you only need waterproof, refrigerator and water to start the biz, but when rich men saw that they can bring in Machine for purification and packaging (Technology), that the beginning of Pure Water Business which led to wiping out of the poor ones who started the biz.

Take for example our old women in market who sell salts in markets, Dangote came with his purification machine (Technology) to purify and sell salts, everyone now buy Dangote Ionized salt..


what about Local Cyber cafe (I remember sleeping severally at cafe in the name of Night browsing) these days Telecom Network operators give cheap data on your set, (Technology redefined) I dont need to visit cafe,(I use my laptop) I don't even need a modem(Another huge loss to modem manufacturing coy) I use hotspot on my phone..


OP you don't say banks but Technology is making people poor and also making life convenient...


BTW we want to embrace Solar Energy

that's a warning to PHCN workers

0955eb027:
The rich is just looking for avenues to make more money without taking into cognizance the effect it will have on the struggling ones. Well, i will not blame them cos thats the way we (animals) are wired, survival of the fittest. Soon, banks will introduce platforms like konga, jumia where all can be purchased, including food stuffs. GOD help the needy.