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Online Money Transfer: An alternative to Cash App and Paypal In Nigeria | Paga

Currently many Nigerians are faced with the challenge of not being able to make transactions globally due to government policies added by the lack of platforms that offer global transactions. The fact that Nigerians do not have seamless international trading platforms has created a lag in the growth of the economy. Regardless of all these, the Fintech industry has seen a spurt of growth in the mobile money sector, creating a niche for Nigerians to seamlessly transact just as Paypal and Cash app in the US and the UK.

Cash app and Paypal are the most popular online money transfer gateways in the United States of America and the United Kingdom. PayPal Holdings, Inc. is an American company operating an online payments system in the majority of countries that support online money transfers, and serves as an electronic alternative to traditional paper methods such as checks and money orders while Cash App is a mobile payment service developed by Square, Inc. that allows users to transfer money to one another using a mobile phone app.

As effective as these apps are in the UK & US transacting with them in Nigeria is quite difficult and oftentimes ineffective. The expansion of Cash App and Paypal into the Nigerian market can be boiled down to government policies and country reputation hindering expansion. Regardless of all these companies like Paga have emerged to control the Mobile Money market, successfully acquiring 17,874,946 customers and counting with over 29000 Agents across Nigeria.

Paga is a mobile payment company building an ecosystem to enable people to digitally send and receive money, and in turn creates simple financial access for everyone. Currently there are a number of features available to people using the app, some of these features are: 

  • Send Money – Send money instantly to anyone with a phone number, email address or bank account,
  • Request Money – Request money instantly from anyone with a phone number or email address.
  • Get Remittance – Receive instant and secure money transfers from abroad to any Nigerian mobile phone number or bank account, using Paga.
  • Pay Bills – Renew your Pay TV, Internet, Electricity and so much more with Paga’s smooth bill payment service.
  • Receive Money – Receive money instantly from anyone with a phone number, email address or bank account.
  • Top-up Airtime & Data – Top-up your data and airtime instantly using Paga.

The above are just a few of the features available to users with Paga constantly communicating new features like shortcuts to further simplify recurring transactions.

Here is how to making use of certain features on Paga:

How do I request money through Paga?

Simply follow the below steps to request money;

1. log in to your App

2.On the dashboard, click on “Request Money.”

3.Insert name, phone number, email, username or Paga account number. Alternatively, select a name from the list of contact

4.Insert amount

5.Click on Next

6.Click to add a note (optional)

7.Click on “Request Money” to complete the process 

Can I request money from a non-Paga user?

Yes. With an email address or phone number, you can request money from anyone. Paga users can make payments through their Paga wallet, while non-Paga users can directly use either their ATM/debit cards or bank accounts.

How does the Money Transfer feature work?

The Money Transfer feature leverages the power of secure payment codes to receive payments from any bank in Nigeria. Paga Merchants can request these secure payment codes by putting in an amount and tapping “Money Transfer”. The customer will treat the payment code as an account number and transfer the requested amount to it.

Mobile Transfer Shortcut Feature: How to use Paga Ussd code  

Dial *242*AMOUNT*10-digit NUBAN number# .

Send to Paga account: Dial *242*4# and enter the amount. Enter recipient’s mobile number or 10-digit NUBAN account number. Enter your PIN to confirm the transaction.

Paga Customer Care Lines

Call us on 0700-000-PAGA (0700-000-7242) or 01-2777160 or email us at service@mypaga.com

Would you like to see a feature comparison between Paga and Abeg app? click here

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