Transfy

  So how do you know which one to choose?     Coupled with the increasing rates of  online scams  across the globe, it is wise to stay alert when choosing a money transfer platform. Thankfully, there are telltale signs to know if a platform is legit or not. And, in turn, prevent you from getting scammed or even  identity theft .    This blog post explores 7 of the most common red flags to look out for when choosing a payment platform.    Let’s find out.    7 Common Red Flags to Watch Out For When Choosing a Payment Company   When choosing a payment platform, it's important to be vigilant and watch out for red flags. The following signs will help you stay on your toes to avoid fraudulent sites and protect your funds and personal information. They include:     1. Asking for Your Bank Login Information One of the biggest red flags is when the company asks for your bank login information. During the KYC documentation, you may be asked for a bank statement, social security number, or ba

  Transfy is on a mission to financially connect individuals and businesses across the globe. We strive to change the status quo in the traditional financial system, which is inefficient, costly, complicated, marred with hidden fees, and characterized by lots of paperwork.    Transfy for IMTOS is an innovative solution that will help various international money transfer operators (IMTOS) and money transmitters facilitate transactions in various African markets. This solution will help international businesses and IMTOs across the US, and the UK, to easily send mass payments to African countries without the hassles.   Transfy offers bulk payment and remittance APIs which IMTOs can use to expand their footprints into various countries with just a single integration.   Our robust infrastructure eliminates the friction existing in the conventional channels of moving money, thus making cross-border payments simple, cost-effective, and efficient.   Transfy’s mass payout solution is a hassle-

   I walked into the bank hall earlier this month, and this elderly lady wept while complaining to the customer service officer. Her pension account had been cleared, and she lost over #2 million in the space of 3 days.    According to her, she received a call from a customer support representative claiming that her account was blocked and she needed to verify her details for the account to be opened. Out of helplessness - (she hated coming to the bank hall because of the crowd), she called out her full name, date of birth, ATM card number, and  CVV .    She thought she was lucky and has been saved the stress of going to the bank. Unfortunately, she had given the scammer a golden access to break into her account and steal her money. She did not also check her emails to see the withdrawals from her account. This gave the scammer enough time to carry out his plans…   I could only but feel pity for the lady while I hoped that her money would be retrieved.    Stories like these are all ove

When we thought payments had seen the best developments, technology changed.   From contactless payments to crypto and AI integrations, the payment industry has seen tremendous changes in recent years, with more to come.  Come to think of it - when was the last time you traveled with loads of cash in your purse? Or even queued up for long to withdraw from a bank's ATM?  This is because more and more people are moving away from cash/checks and toward digital payments.  Digital payment   methods offer more convenience and several benefits than traditional payment methods don't. Including faster transactions, low-cost fees, security, and more personalized features in the coming years.  And as we move further into the digital age, it's crucial to stay ahead of the curve when it comes to payment methods.    But first, what are digital payments, and why are they getting so much attention? What Are Digital Payments and Why Are They Important? Simply put, digital payments are payme

  Making money while you sleep is the dream, right? And that is absolutely possible!   Passive income is the holy grail of income-generating opportunities - you can make money while you sleep, take a vacation, or do pretty much anything else you want.   There are several ways to create passive income streams in Nigeria. You could, for example, invest in stocks, real estate, or mutual funds. Some of these methods are easier than others, but they all have the potential to bring in some extra cash each month.   Thankfully, many financially-savvy Nigerians have mastered the art of earning money “in their sleep.” And you can do that too!    This post will explore 8 of our favorite smart and easy passive income ideas in Nigeria.    So, let’s get started.   What Is Passive Income? As we explained earlier, Passive Income is money you earn without putting in so much effort. It's the perfect way to make some extra cash on the side, even if you have a day job or business.   Most people earn p