The Central Bank of Nigeria (CBN) has just launched eNaira, a digital currency designed to help individuals and businesses make fast, efficient and reliable payments online.
Features and Benefits of eNaira
- It’s a fast and secure payment channel.
- Send, receive and spend with ease.
- A digital storage for accessing and holding cash.
- Can be connected to bank accounts to enable more transactions.
- Enables affordable remittances and diaspora payments.
- Secured with cryptographic techniques against counterfeiting, cloning, and other forms of fraud attack.
- The eNaira feature will be available on the new UBA Mobile App and Internet Banking for transfers to and from the eNaira wallets.
How to get started
Individuals
- Download the eNaira Speed Wallet app on Google Play or Apple Store.
- Click on Sign up and select UBA.
- Complete the registration process with the following details- Name, State of Origin, BVN, Account Number, Email address and other information required.
Merchants
- Download the eNaira Speed Merchant Wallet app on Google Play or Apple Store.
- Click on Sign up and select UBA.
- Complete the registration process with the following details- Name, State of Origin, BVN, Account Number, Email address and other information required.
- How to fund your eNaira wallet
- Log in to the new UBA Mobile App.
- Select Transfer and tap on eNaira.
- Enter your eNaira Speed Wallet login details.
- Select Deposit or Withdraw and complete the transaction with your Mobile App PIN.
and you are good to go………………………….
