People are curious to know how the Abeg app works, how it is used and what benefits can one gain from using the app.
To clear the curiosity people are having concerning the app, we will be explaining in detail all you need to know about the app.
Let’s get started;
Table of Contents
What is Abeg app?
The Abeg app is a fintech app developed by Abeg Technologies, it was co-founded by Michael Okoh, Muheez Akanni, and Dare Adekoya in the year 2019.
Abeg app serves as a peer-to-peer platform that allows users to request money from other Abeg users in their contact list using their Abeg tag, likewise, you can send money to other Abeg users as well.
The major function of the Abeg app is the flexibility in payment and money transfer, one user can easily send money to other without hassle.
All you have to do is create an account with your BVN using your verified phone number and then you top up your wallet and send money to your contact list who are on the Abeg app.
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How to sign up on the Abeg app
To begin the usage of the Abeg app you have to sign up, start by following the steps;
- Download the Abeg app to your phone via Google Play Store or Apple Store
- Open the app and create an account
- Enter your name, email, and phone number (BVN attached)
- Input your Bank Verification Number (BVN)
- Enter a password and wait for OTP
- Input OTP and finalize registration
- Now that you have registered, it is time for you to use the app features.
How to Request Money on Abeg and receive
As soon as you finish the registration process, you’ll be welcomed with a clean interface. This will show you simple ways to request and send money to other users in steps. To request money on the Abeg app follow these:
- Click on the Request button
- Enter the amount (naira) you want to request from one of your contacts and include what you need the money for.
- Now, click on Request
- After that, choose the from the list, the person you want to request from.
- Finally request it.
How to Send Money via Abeg
Sending money via the Abeg app is easy and smooth to do, follow these steps:
Click on send on the home interface
Choose the amount you want to send
Enter the Abeg tag of the person the money is for, or you can use the contact option to choose the person contact
Now, click on the pay, it is worth knowing that you won’t be charged any fee, it’s free.
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How to Fund your Abeg Wallet
Funding your Abeg wallet without having to ask a friend to send it to you is easy to do;
- Go to your profile page, click on the wallet balance
- Select Fund Wallet
You will find a bank account number assigned to you, you can pay into that account, then, get credited immediately.
How to Withdraw Money from your Abeg Wallet
To make a fast withdrawal into your main bank account, follow these;
- Navigate to the profile page and click on wallet balance
- Choose Withdraw from the pop-up list
- And then enter amount to withdraw and click withdraw
Do note that you will be charged N10 upon withdrawal, you also need to link your bank to be able to withdraw.
Let’s dig into more answers to questions about the Abeg app.
Frequently Asked Questions on Abeg app
How do I change my Abeg pin?
Their customer support agent can help with this, send a message to them on Twitter @abeg_app or send an email to hello@abeg.app
Is there a limit to the amount I can transfer or receive?
Yes, the minimum amount of money you can transfer is NGN1 and the maximum amount of money you can send is NGN1,000,000
What do I need to use Abeg?
To use Abeg you’ll need a phone (Android or ios), Internet connection, and a bank account.
How do I change my name on Abeg?
Their customer support agent can help with this, send a message to them on Twitter @abeg_app or send an email to hello@abeg.app
How do I become verified on Abeg?
To get verified you’ll need to have done several giveaways, minimum of NGN250,000.
How do I change my Abeg tag?
You can change your Abeg tag by clicking on the ‘Your Profile’ icon and the ‘Settings’ icon.
