LOGIN REMITA APP | REMITA MOBILE APP DOWNLOAD NEW

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LOGIN REMITA APP | REMITA MOBILE APP DOWNLOAD NEW

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LOGIN REMITA APP | REMITA MOBILE APP DOWNLOAD NEW

Update – Remita’s disruptive mobile app throws banks off balance.

No doubt the new Remita mobile friendly app has come to stay, the Remita app launched 2017, is now one of the newest entrants into Nigeria’s financial system, is proving to be a huge disruptor in how FinTech impacts on banking operations in the country, and how customers operate their bank accounts. Take your Time and read More…

		VERY NEW IN NIGERIA  		LOGIN REMITA APP  REMITA MOBILE APP DOWNLOAD NEW

You won’t believe this! Remita app is provisioned to accommodate as many bank accounts as a customer has, without any restrictions, allowing users to carry out all banking transactions from one single interface, instead of logging into different apps in order to utilise services across multiple banks. Positive or Negative Business to Nigerian Bank?

LOGIN REMITA APP | REMITA MOBILE APP DOWNLOAD NEW |

Furthermore this app enables viewing all accounts from different banks on one screen, accessing and centrally managing account balances through the multi-bank balance feature. It also facilitates transfer of funds to individuals, corporate bodies, as well as payment of recurring utility or government bills. This is sure complete Nigerian Mobile Remita Banking App 2017, 2018, 2019 and beyond, of a truth it has come to stay. This will further enhance healthy competition withing the two institutions for sure.

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As a matter of fact, Remita’s app presently connected to eight banks, though others banks are work in progress.

Banks boarded on app include Access Bank, Diamond Bank, First City Monument Bank, Heritage Bank, Providus Bank, Skye Bank, Sterling Bank, Unity Bank, and Zenith Bank. Banks such as: First Bank, Guaranty Trust Bank (GTb), United Bank for Africa (UBA), WEMA, ECO bank, First City Monument Bank (FCMB) & many to be connected

No doubt that while the innovation appears disruptive and bound to make life a lot easier for bank customers, the sentiments are not shared by banks, as the app appears to be an intrusion into their evolving business model.

Most banks have in recent times, upgraded their banking applications to incorporate provisions for customers to engage in shopping directly from their mobile apps. This evolving business model of “mobile shopping malls” is one where a lot of banks hope to generate additional streams of income. However, it appears to them that the Remita app is one which has to be resisted, so as not to disrupt the new business model.

LOGIN REMITA APP | REMITA MOBILE APP DOWNLOAD NEW

Furthermore Security another concern shared between banks & prospective users of the app.

Ade Shonubi, Managing Director/Chief Executive Officer of the Nigeria Interbank Settlement System (NIBSS) Plc, attributed banks resistance to the Remita Mobile App, to the issue of security, saying that banks are not sure of the security of the app.

“If Remita is able to convince the banks on the security, or work with their authorisation, then there would be no problem”, Shonubi told BusinessDay by phone.

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On Remita’s part, Olofinlua allayed users’ cyber security fears, stating that the Remita Mobile App “is very secure and protected with state of the art biometrics measures. Mobile phones must be smart or android.

Remita’s has a Dynamic PIN that changes, frequently for better security operations.

We also run very advanced security and anti-fraud counter-measures behind the scenes, to ensure everyone is protected.

“The interest in our app has been very significant. We have trended on social media for days, as everyone wants to know how the magic of multi-bank solution has been implemented by us so elegantly and securely.”

LOGIN REMITA APP | REMITA MOBILE APP DOWNLOAD NEW |

She further noted that there have been challenges in trying to get all the banks to come on board the platform.

However, discussions are still ongoing.

Moreover multi-bank mobile application described as one biggest innovationsa as far as banking industries are concerned, allowing individuals & businesses to operate their various accounts in different banks, using one app, settle bills of various kinds and generally stay in control of their finances.

Regardless of the seeming euphoria on the Remita app, some of the tier one and tier two bank heads who spoke with BusinessDay, expressed the view that their customers are still using their own bank mobile apps, rather than that of any third party.

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