Bingpay: Nigeria’s Solution for Cheaper Bills payment & P2P cash transfer
Bingpay is a fintech app that is introduced by Trilber inc. The app was launched in April and is already generating a buzz on social media for its unique approach in solving fintech problems and making payments easier & Affordable.
According to the company, the app main goal is “Providing Internet access and online payment Affordable for everyone”.
Due to the severe economic situation in Nigeria, Data, Airtime or Decoders are income consuming as they are done every time and probably everyday. Also, Transferring money from bank to bank attract charges that are sometimes unbearable for the Citizens.
However, Creating a platform where Data & Airtime Purchase could be done at Cheaper rate and a P2P payment system that attracts no fee is not common.
Instead of using traditional 10 digits account number for sending & recieving money, Bingpay makes it more easier to do so by providing #Bingtag for its users. Infact, you don't even need a bank account to use bingpay.
For Example Victor a college student needs financial support of N2000 from his parents, he wants to purchase data for browsing, or purchase airtime. But he does not have a bank account or probably cant access the ATM spot for withdrawal. Using bingpay, he can request and receive money instantly and use the funds to purchase data at cheaper prices.
What can you do with the Bingpay app?
The major services of Bingpay are: Making bills payments for Airtime & Data services, Decoder subscriptions, Water supply & Electricity easy and at a discounted rates. Another service is sending and receiving payments easily with just a username-like system called Bingtag, Similar to cashapp’s cashtag.
So, Imagine buying airtime at a discounted rate? You could save up some extra money to spend next time. The difference between Bingpay data services and other fintech app is the price. You can use the app to purchase your regular data plans but at a lower rate. Cool right? Visit Bingpay now
