Airtel's Smartcash doesn't offer loans but New Zealand's SmartCash gives loans. This article explains everything you need to know about these loans
Fact Check: Does Smartcash Give Loans in Nigeria?
Smartcash is a payment service bank (PSB) owned and managed by Airtel Nigeria. The subsidiary launched with the aim of extending financial inclusions to the underserved areas, and not to give loans. The Airtel's Smartcash works by providing accessible digital banking services to underserved Airtel customers. You can open a wallet via the official website at smartcashpsb.ng , using the USSD code by dialing *939# or using the SmartCash mobile app by downloading it from your phone's app store. The account opening process requires only an Airtel phone number and basic registration details. Smartcash relies on Airtel’s network to serve both urban and rural areas, allowing users to perform transactions without needing an internet connection or visiting a bank branch. Once your Smartcash account is created successfully, you can then begin to use it to send and receive money to/from Nigerian bank. Airtel's Smartcash can also be used to pay bills, and top-up airtime or buy data, all th…
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Independent journalist covering tech, business, finance, and science | BSc Accounting student | He founded FinNG
