Airtel's Smartcash PSB Wallet is a mobile money (MoMo) wallet that allows Nigerians, especially Airtel's subscribers, to manage their funds conveniently. Users can send and receive money on the Smartcash wallet. The digital wallet can also be used to buy airtime and data, pay bills, and carry out merchant payments, such as in-store purchases via QR code and USSD code.
However, it's worth noting that all these cannot be possible without adding cash to Airtel's Smartcash wallet. This is the main reason this article is compiled: to teach you how to send money to your Smartcash wallet and use it to carry out all your transactions on the Smartcash PSB mobile app.
Methods of Sending Money to Smartcash Wallet
You can fund your Airtel SmartCash Wallet through several convenient methods in Nigeria. Below are the main ways to add money to your SmartCash Wallet:
1. Smartcash Agents
Airtel SmartCash Agents are authorized individuals or businesses in Nigeria that facilitate financial services for Airtel's SmartCash Payment Service Bank (PSB). They act as intermediaries to provide services like cash deposits, withdrawals, money transfers, bill payments, and airtime purchases, particularly in underserved areas to promote financial inclusion.
You can simply walk into any of these agents to add money to your Smartcash wallet. The Smartcash Agents are usually located in a small kiosk alongside the street. You'll need to give them cash and your Airtel phone number—the one used to create the Smartcash account—for the money deposition.
Once the fund is added to your wallet, you'll receive an SMS confirmation, and if you're using the Smartcash PBS app on your phone, you'll also receive a credit alert notification from the app. You can then log in to your account to see if the balance has been added to your wallet.
2. Local Bank Transfer
This is the most common way to send money in Nigeria. It works from bank to bank. You can simply copy your Smartcash wallet number, go to your bank app, and transfer the funds. Every SmartCash wallet comes with a NUBAN-style account number. It's usually the Airtel number you used to sign up but without the first zero (0).
However, to fund your Smartcash wallet using the local bank transfer method, go to your bank app or USSD code, select "SmartCash PSB" as the bank, paste your Smartcash wallet number and confirm your name, enter your bank transfer PIN, and send the money like a normal bank transfer.
3. Smartcash Users
This is another method to fund your Smart Cash wallet in Nigeria. Another SmartCash user can send money directly to your wallet from theirs. This can be done using the Smartcash app or using the Smartcash USSD code.
The benefits of sending money between Smartcash accounts are that it's instant and free, and it's useful for peer-to-peer (P2P) transfers, especially if you're using it to receive salary or business payments from customers that are also using the Airtel Smartcash app.
4. Debit Cards
Linking your existing bank card to your Smartcash account is another secure way to fund your wallet. Use the “Fund Wallet” option in the Smartcash app and follow the prompts to move money into your wallet from your bank card.
The card CVV, expiry date, PIN, and card numbers will be needed to complete the transfer. In addition to that, you may need to confirm the transaction using an OTP code sent to the phone number linked to the card. Meanwhile, OTP verification varies for banks.
Fact Checker: Does Airtel Smartcash PSB offers Loans in Nigeria?
How to Send Money to Smartcash Wallet
To send money to your Smartcash Wallet, you need to first determine the funding method you're going to use. Once that's determined, log in to your Smartcash account to copy your account number.
You can then send money from your bank using the banking app or the USSD code to the account number. You can also transfer the funds from any Smartcash agent near you to the account number. Lastly, you can use the linked debit card to add money directly from your bank account to the wallet without stress.
