How To Receive & Send Money Using Your eNaira App/Wallet | enaira.com
When fully engaged, the enaira will be Africa’s Biggest and largest e-currency, with Peer-to-Peer Payment, Unified Payment System, Contactless Payment, and Bank Account Management, the e-naira will compete with world major e-currencies
According to the CBN governor, Mr. Emefiele further disclosed “If you are a bank customer and you have to N10 million in your bank account, for your comfort of spending and making a purchase, you can tell the bank to load N2 million out of your N10 million into your wallet.
“So, your bank balance in physical cash drops to N8 million, while your e-wallet carries N2 million. With that, you can make purchases both within and across the country.
“There are so many variances of the eNaira. But this is where we would start because we are not going to pretend that there are no risks in opening your system up. We would look at the various products, determine the risk, determine the best way to mitigate the risk before we now open it up more and more,”.
How To Download the enaira App
Download eNaira Wallet on your app store (Google Play Store or Apple App Store).
Create an account and use an invitation code to sign up
Authenticate Yourself: Enter BVN, date of birth, email, and password as it appears in your bank details.
How to Fund eNaira Wallet
Fund your wallet via Bank and start receiving, sending, and managing your eNaira
Funding your eNaira wallet from the same bank
Login into your regular bank app.
Initiate transfer to your eNaira wallet tied to the bank account on that bank.
Get a notification on your eNaira wallet.
Funding eNaira wallet from an account in a different bank
Log in to your regular bank app.
Initiate transfer to your eNaira wallet by selecting your eNaira wallet (tied to the other bank different from the fund source).
Get a notification for the alert in your e-wallet
Cash to eNaira Wallet Funding
Cash holder hands over cash to an eNaira verification agent/Bank branch/SANEF.
Agent login to eNaira wallet.
Transfer cash equivalent to consumer’s eNaira wallet.
Fund owner receives a notification.
Carrying out a Foreign Exchange deposit to your eNaira wallet
Diaspora regular account holder log in to your customer FX bank account (e.g., HSBC).
Transfer funds into International Money Transfer Operators’ (IMTO) FX bank account (e.g., Barclays, Western Union).
Login to your IMTO eNaira wallet.
Transfer from IMTO eNaira wallet to consumer eNaira wallet.
Beneficiary receive notification
For Businesses: Paying a Merchant/Business
You login into your eNaira wallet.
Initiate transfer to merchant eNaira wallet.
The merchant receives the notification of transfer
For Government MDAs: Citizens Paying Fee/Due to Government MDAs
Login to your eNaira wallet.
Initiate transfer to eNaira wallet of MDA (Ministries, Departments, and Agencies) of Government.
MDA receives notification