Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,150,589 members, 7,809,131 topics. Date: Friday, 26 April 2024 at 12:34 AM

Enaira Becomes USSD Enabled From Next Week - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / Enaira Becomes USSD Enabled From Next Week (20969 Views)

Dollar Debts: CBN Repays Banks Next Week, Naira May Rebound / CBN Partners With Bitt Inc For eNaira, Shuns Nigerian Fintech Companies / Anambra To Re-Open Markets Next Week (Photos) (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Re: Enaira Becomes USSD Enabled From Next Week by Eriokanmi: 3:04pm On Aug 18, 2022
Each time I hear any news on naira, I feel somehow

2 Likes

Re: Enaira Becomes USSD Enabled From Next Week by Ogbodavies(m): 3:05pm On Aug 18, 2022
y
Re: Enaira Becomes USSD Enabled From Next Week by Mode99: 3:05pm On Aug 18, 2022
What are the benefits

1 Like

Re: Enaira Becomes USSD Enabled From Next Week by Kajaard: 3:05pm On Aug 18, 2022
ojasans:
Please someone should educate me on the benefited of Enaira. Is it like Paypal?

It's digital currency. So you don't need to transact with physical cash when you want to make payments at locations that accept the e naira or when you transfer the e naira to someone having an e naira wallet as well. Even if the recipient does not have an e naira wallet he can exchange the digital currency received for cash at banks or any institution where the digital currency is accepted for transactions.

I hope my explanation makes sense?

3 Likes

Re: Enaira Becomes USSD Enabled From Next Week by WeLive: 3:07pm On Aug 18, 2022
ojasans:
Please someone should educate me on the benefited of Enaira. Is it like Paypal?
Confusion everywhere grin
Re: Enaira Becomes USSD Enabled From Next Week by Olayetan(m): 3:08pm On Aug 18, 2022
Misplaced priority
Re: Enaira Becomes USSD Enabled From Next Week by Theunbothered: 3:08pm On Aug 18, 2022
Biggest scam this country has ever seen.
Re: Enaira Becomes USSD Enabled From Next Week by 1x2x3: 3:08pm On Aug 18, 2022
Another Tax loading
Re: Enaira Becomes USSD Enabled From Next Week by LadyExcellency: 3:08pm On Aug 18, 2022
ojasans:
Please someone should educate me on the benefited of Enaira. Is it like Paypal?

It's just like OPay or Moniepoint wallet Account.

1 Like

Re: Enaira Becomes USSD Enabled From Next Week by harrycoko: 3:10pm On Aug 18, 2022
please oo What is Enaira self
Re: Enaira Becomes USSD Enabled From Next Week by LadyExcellency: 3:11pm On Aug 18, 2022
Kajaard:


It's a digital currency. So you don't need to transact with physical cash when you want to make payments at locations that accept the e naira or when you transfer the e naira to someone having an e naira wallet as well. Even if the recipient does not have an e naira wallet he can exchange the digital currency received for cash at banks or any institution where the digital currency is accepted for transactions.

I hope my explanation makes sense.

Do you know at present, that eNaira is connected to your bank account?
Re: Enaira Becomes USSD Enabled From Next Week by Kajaard: 3:12pm On Aug 18, 2022
LadyExcellency:


Do you know at present, that eNaira is connected to your bank account?

Yeap it sure is. If you have the GTBank app you can see it there.
Re: Enaira Becomes USSD Enabled From Next Week by Splitmind: 3:13pm On Aug 18, 2022
ojasans:
Please someone should educate me on the benefited of Enaira. Is it like Paypal?

ENaira is a payment platform much better than any bank available in Nigeria.

It allows you to transfer money between other Enaira wallets seamlessly and pay for things when available.

It also gives the federal government full access to monitor and transfer funds your savings accounts, which helps prevent corruption.

1 Like

Re: Enaira Becomes USSD Enabled From Next Week by yemmit90: 3:13pm On Aug 18, 2022
Kajaard:


It's digital currency. So you don't need to transact with physical cash when you want to make payments at locations that accept the e naira or when you transfer the e naira to someone having an e naira wallet as well. Even if the recipient does not have an e naira wallet he can exchange the digital currency received for cash at banks or any institution where the digital currency is accepted for transactions.

I hope my explanation makes sense?

It doesn't make any sense. If one can easily transfer money using USSD and mobile app, then what is the use of eNaira?

It is better off as digital asset that's appreciate or depreciate like bitcoin, or better still, make it an instrument for cross boarders or international money transfer or exchange.

4 Likes 1 Share

Re: Enaira Becomes USSD Enabled From Next Week by Yankee101: 3:15pm On Aug 18, 2022
Naija is truly broke
They want to take your money and give you air

1 Like

Re: Enaira Becomes USSD Enabled From Next Week by Theunbothered: 3:16pm On Aug 18, 2022
yemmit90:


It doesn't make any sense. If one can easily transfer money using USSD and mobile app, then what is the use of eNaira?

It is better off as digital asset that's appreciate or depreciate like bitcoin, or better still, make it an instrument for cross boarders or international money transfer or exchange.

The thing is a massive scam.

Meffy is waiting for many fools to send him money before seizing and diverting the funds.

1 Like

Re: Enaira Becomes USSD Enabled From Next Week by fman(m): 3:20pm On Aug 18, 2022
ojasans:
Please someone should educate me on the benefited of Enaira. Is it like Paypal?
It is a decentralized digital currency that is no different from NAIRA
Just that it is virtual and housed in a digital wallet system..
It's advantages are huge.
1. It will seamlessly help in online purchases..
2. It will check and balance currency hoarding and devaluation...
3. The value of naira will increase in the exchange market.
4. It will remove the traditional way of transaction- that is using physical naira note to purchase items
Re: Enaira Becomes USSD Enabled From Next Week by basty: 3:22pm On Aug 18, 2022
Ballzproblemm:
who de f*ck uses e-naira cheesy ,lol no go convert your money to dollars first, foolish country

You are agrarian intellectual Buffon. You know nothing
Re: Enaira Becomes USSD Enabled From Next Week by Edoziesmart(m): 3:22pm On Aug 18, 2022
LadyExcellency:


It's just like OPay or Moniepoint wallet Account.
Then it is trash.
MOMO self people never send am for Nigeria let alone this enaira
Re: Enaira Becomes USSD Enabled From Next Week by Nobody: 3:27pm On Aug 18, 2022
Are we still going to face the limitations of doing dollar transactions on naira platform?

The crappy 20 dollar limit is insulting to the giant of Africa (so called) During the covid time the limit was 300 dollars, imagine now that we have economic activities its down to 20 dollars, not even enough to buy a decent meal in naija.

Emefailures has failed. Period!!!!! angry

2 Likes

Re: Enaira Becomes USSD Enabled From Next Week by throwawaywriter: 3:43pm On Aug 18, 2022
useless project

1 Like 1 Share

Re: Enaira Becomes USSD Enabled From Next Week by newnigerdelta00: 3:43pm On Aug 18, 2022
Maxikenna:
Thunder, thunder can you just fire this people ? Please



Fire both you
Re: Enaira Becomes USSD Enabled From Next Week by SEGLIZ: 3:47pm On Aug 18, 2022
ojasans:
Please someone should educate me on the benefited of Enaira. Is it like Paypal?
Get a professional Company Logo or Letterhead Design for 2k Only

Drop Us Your Company Name:

https://forms.gle/vWPkhnQ3yJVytyVC8
.
same here I still don't understand this eNaira of a thing!? what is it all about? someone should please educate us.
Re: Enaira Becomes USSD Enabled From Next Week by Nobody: 3:50pm On Aug 18, 2022
Is it more valuable that naira compared to dollar. If it isn't, then it is rubbish.

1 Like

Re: Enaira Becomes USSD Enabled From Next Week by Ijaya123: 3:51pm On Aug 18, 2022
This people will not stop flogging a dead horse.

1 Like

Re: Enaira Becomes USSD Enabled From Next Week by Stephenmoka4(m): 3:52pm On Aug 18, 2022
Can it be swapped for BTC, USDT or LTC? nope...
Re: Enaira Becomes USSD Enabled From Next Week by kaywhy09(m): 3:58pm On Aug 18, 2022
Used less

Re: Enaira Becomes USSD Enabled From Next Week by foolbuster: 3:59pm On Aug 18, 2022
ojasans:
Please someone should educate me on the benefited of Enaira. Is it like Paypal?
Get a professional Company Logo or Letterhead Design for 2k Only

Drop Us Your Company Name:

https://forms.gle/vWPkhnQ3yJVytyVC8
.

No. It's just a way for governments to now have 100% control over your money. Unlike naira notes that they can't fully keep track on what and how you spend and also find difficult to seize unless you put it in a bank. With e naira all that problem is solved. Your money can be frozen, tax deducted, etc at the click of a mouse. But worst of all they know 100% what you are doing with your money at any point in time. The only benefit is it is now digital money and can be used very easily to make payments local and internationally.

1 Like

Re: Enaira Becomes USSD Enabled From Next Week by Obagreatdatoye(m): 4:03pm On Aug 18, 2022
fman:

It is a decentralized digital currency that is no different from NAIRA
Just that it is virtual and housed in a digital wallet system..
It's advantages are huge.
1. It will seamlessly help in online purchases..
2. It will check and balance currency hoarding and devaluation...
3. The value of naira will increase in the exchange market.
4. It will remove the traditional way of transaction- that is using physical naira note to purchase items
Still make no sense....The ideology is senseless

2 Likes

Re: Enaira Becomes USSD Enabled From Next Week by Justinlean02(m): 4:10pm On Aug 18, 2022
K
Re: Enaira Becomes USSD Enabled From Next Week by marv1: 4:17pm On Aug 18, 2022
Nonsense

What dumbness is this ?

What is the impact of this? This CBN Governor is really clueless.

ijustdey:



https://thenationonlineng.net/breaking-enaira-becomes-ussd-enabled-from-next-week/


Re: Enaira Becomes USSD Enabled From Next Week by annyz: 4:19pm On Aug 18, 2022
Why not edollar Godwin?
Can't Nigerians buy dollar direct from CBN at flat rate if you want to assist the masses?

(1) (2) (3) (Reply)

Mutual Benefit Assurance Ltd Seizes My Money- With Pics / Naira Appreciates From 1310/$ To 1300/$ In Parallel Market / Bill Gates Is World's Richest, Surpases Carlos Slim

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 30
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.