The Abeg app is a Nigerian Fintech that enables users to make peer-to-peer (P2P) cash transfers. The app’s creators envision a payment platform similar to CashApp or PayPal, both of which are unavailable to Nigerians.
The Abeg app may have a strange name, but it is actually quite impressive, with a clean design and a simple and user-friendly interface.
Users can send and request money from other users via their user handles in the app. To send money or make payments with this app, all a user needs is the recipient’s social handle rather than bank account numbers and bank details.
If you read this post all the way to the end, you’ll know if Abeg appis legit or not.
Abeg app review
Abeg is a peer-to-peer (P2P) social payments platform that allows you to send and receive money from other Abeg users without having to provide any bank information. To send them money or request monies from them, all you need is their Abeg tag.
Muheez Akanni, Michael Okoh, and Dare Adekoya, three young Nigerians, founded the app, which is currently only available to Nigerians.
Whilst Abeg is similar to Cashapp, its founders expect that it will defy the norms that now govern fintech businesses and transform the way ordinary people think about payment technologies.
You may also use Abeg to buy airtime, pay bills, and discover Abeg users on Twitter and Instagram by linking your social media accounts.
The Abeg app also has several unique features, such as a Giveaway option.
Why Abeg app?
The African and Nigerian fintech industries are thriving, and there are numerous fintech apps for sending and receiving money. However, they are mostly the same. They also have a lot of issues with user experience.
The Abeg app, on the other hand, is unique. It’s a straightforward, functional, entertaining, and user-friendly app.
It adds a social twist to money sending and receiving. This is Abeg’s main selling point.
Abeg allows you to send and receive money from people on your phone contact list. They must also be app users.
With its request for money characteristic, you can ask for money from family, friends, and even casual acquaintances if you have their IDs.
Is Abeg app legit or a scam?
Abeg App is a genuine app. On the Google Play store, the app has received over 10,000 downloads and has been confirmed with positive reviews.
In terms of service quality, the Abeg app is actually rather good. The major problem is that it doesn’t yet offer much more than sending and receiving money.
However, Abeg app has the potential to become one of Africa’s most important fintech services.
Pros and Cons of Abeg app
Pros
- Easy to use.
- Users do not need to link their bank accounts to transfer or receive money.
- A great solution to fintech problems in Nigeria, Africa, and probably the world.
Cons
- Not many users are on the app yet.
- Limited features.
- It isn’t integrated with other eCommerce platform
What are the Benefits of Using Abeg App
>. Consistency and Reliability
We believe in developing and managing solid relationships and recognize that trust is developed through consistency, thus the platform is trustworthy and reliable.
>. Commitment
Abeg App is committed to its clients and completing tasks. The staff is dedicated to the company’s success, as well as the company’s mission and vision statements and one another.
>. Transparency
They are genuine, open, and honest, and they work hard to express their services effectively to consumers and within the team.
Innovation and Creativity
>. Abeg App is continuously challenging the standard method of doing things by finding more enjoyable and efficient alternatives.
Abeg app features
The rest of the app’s capabilities are still in development, but the ability to transfer and request money from other users is the most fascinating feature.
Here’s a rundown of the app’s currently existing and upcoming (still in development) features:
Financial request:
You’re in luck if you have an uncle or a friend who has previously downloaded the Abeg app. You can simply poke them and use their Abegtag to seek any amount of money. Each user’s Abegtag is a one-of-a-kind handle, comparable to Twitter handles.
Send money:
This feature works similarly to how banks send money to your account; anyone with your Abegtag can send you money through the app, and you can also send money to others.
Giveaways:
For most people, this is a particularly appealing feature; everyone like freebies, and you can acquire them from the individuals you follow on this app.
The timeline that looks like it belongs on social media:
Though still in construction, the Abeg app will contain news feeds similar to those seen on Twitter, where you can see posts and actions from other Abeg app users you’ve followed.
Loan:
Nowadays, everyone requires urgent/emergency money, and borrowing a loan is sometimes the only alternative. Instead of obtaining a loan, you may simply open up your Abeg app and request a loan in a matter of minutes.
How to Sign up with Abeg app account
To create an Abeg app account, you must first download the app from the Google Play Store or the Apple App Store.
- Open the app and select the “Create an account” option.
- A new window will appear. You will be needed to fill up your information on this page. Your entire name, phone number, and e-mail address are all included. You will also be needed to create a secure password for accessing your account.
- For legal reasons, you must validate your BVN (Bank Verification Number) before you may gain full access to the account. This can also be done using your bank account.
How to Send money with Abeg
Click “send” from the app’s main screen.
If the person you wish to transfer money to is already a user, look up his or her contact information from your phone contact list, or just input the individual’s Abeg tag.
Click the “pay” button.
How to Fund Abeg wallet
- Click the profile symbol in the bottom-right corner of the screen to fund your Abeg wallet.
- From the drop-down menu, select “Fund wallet.”
- Your Abeg account will have a bank account number allocated to it.
- Simply pay into that account to replenish your wallet.
Conclusion
Abeg App is an emerging way to conduct a safe and secure transaction or make a donation to your loved ones without having to worry about being scammed.
There have never been any claims of fraud against them, therefore your money is completely safe with them.
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