11/05/2017

Everything You Should Know About Nigeria First Digital Banking Called ALAT... 100% Digital!

WEMA Bank Plc has launched Nigeria’s first full digital banking service, named ‘ALAT’…and it is 100% digital. With ALAT, account opening/sign-up can be done in five minutes from a mobile phone.


Features of ALAT
1. Open a fully functional savings account using just your BVN and phone number (We'll get to the unbanked in a few releases down the line) in exactly 5mins (we timed this!)


2. Instantly fund your new account using any existing local or international debit/credit card you may have, in-app. No branch/ATM visits necessary

3. Upload any required documents in-app. No branch visits necessary
4. Select from 2 debit card designs in-app and have same delivered to you within 2 business days anywhere in the country (at ZERO cost for the card and for the delivery)

5. Activate your new card and set your card PIN (or change an existing PIN) in-app. No branch or ATM visits necessary.

6. Control what channels (ATM, POS or Web) your card gets used on and also what country your card gets used in.
7. Schedule frequent transfers (e.g salaries or mumsi's stipend) and bills (e.g DSTV subscription) and forget about them. ALAT's got you.

8. Create savings goals and earn 10% p.a. in interest on each goal, irrespective of the goal amount. Set your target, choose your saving frequency and ALAT handles the rest...and makes you some good money in the process.
9. The good news is, it works with all Nigerian Bank cards.


Where Can I Download it?
For Android users here
iPhone users here
Web users here

Download it, try it and lets know your experience about the first ever 100% digital banking in Nigeria.


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19 comments :

  1. Very cool. Thanks for sharing.
    @sir prof. Pls, Do u have Idea if "Paylater" is real or scam?

    ReplyDelete
    Replies
    1. Paylater is not scam, its real. I think I should write about it

      Delete
    2. It's very real! My friends and I have benefited from it immensely! I'm a living testimony.

      Delete
  2. Thanks For this Usefully Post..

    Commenting From: Clickedwap Tech Blog

    ReplyDelete
  3. Now, I can see Nigeria is growing gradually, despite the recession. This is a very good development for us Nigerians in general. Looking forward to seeing more of such from other banks.

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  4. Pls. Prof. Yomi, how can I uesd my GTB master card to place an order that exceed $100? I tried to do that but they are telling me the amount exceed the approval limit? Pls. Help I want to Oder moocis 10.1 inches on aliexpress. Thanks.

    ReplyDelete
    Replies
    1. There is no way or trick around it. The only way is either to get a Dollar Master Card or use Barter Virtual Card

      Delete
    2. Alrigh prof. I realy apriciate, Thanks

      Delete
    3. But how did I get he Barter Virtual Card pls?

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  5. Prof, i have been sending message to you that i have issue buying stuff online but you have not reply me, i tried barter i get deducted but the order was cancelled and i dont wanna miss may 16 for the UMI is there any way u can help me or anybody else that can should message remymartins0398@yahoo.com

    ReplyDelete
    Replies
    1. If cash was deducted and order declined, kindly contact Barter supports. In such cases cash are usually refunded.

      Delete
  6. Nice from wema bank.will try the app

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  7. Pls prof, how do I get my own bar ter virtual card. But have created account on they site. But how to get the card is what I want to no.

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  8. Pls their are asking of referrer code.

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  9. Boss can i use the card that will be delivered to withdraw from an ATM ?

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  10. Great update here.Innovative creation from wema bank. visit my operating sphere for tech and skills acquisition updates

    ReplyDelete
  11. Prof did not tell us the required documents to upload and operate an ALAT account. Please let us know d documents

    ReplyDelete

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