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What Criteria Should One Consider Picking The Right Fintech App For A Business? - Business - Nairaland

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What Criteria Should One Consider Picking The Right Fintech App For A Business? by Abiodunspectre(m): 11:49am On Feb 05
Hello Nairalanders
With over 100 Fintech companies in Nigeria engaging in broad range of product offerings spanning from payment solutions, online banking and investments. Due to the proliferation of these Apps, It has become extremely difficult to know the right fintech platform to adopt for your business or personal use.

Some of this companies offers seemingly amazing features and others with not so impressive features. I recently stumbled on a yet to be launched Fintech App Motopay which offers an impressive features which happened to be missing in most Fintech App in the country. It will be a game changer for most buiness owners and end users.

For someone like me, who is looking for a flexible App where I can shop, pay for bills , buy airtime and aslo get cashbacks on every purchase this might just be exactly what I needed for my personal and business. Nothing beats the opportunity take control of your finances and turning everyday transactions into opportunities to earn, save, and thrive.

This brings me to the question. What are those things you look out for in a Fintech App before making it your go to App for every day usage?

Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by Mthumbie: 12:04pm On Feb 05
I look out for reliability of the App and also cash back on my transactions. You can try out MotoPay. Check my signature for the wait list.

2 Likes

Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by KingUka: 12:07pm On Feb 05
For me sha I look out for speed of transfer, buying airtime and shopping and opay has been working really well for me

20 Likes

Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by Mimiko3: 12:08pm On Feb 05
I haven't heard about this motopay before but I think I'm going to go download it and come back to give my review
Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by saratackit: 12:08pm On Feb 05
Online reviews, branding authentication, availability of giveaways, fast transaction records and security I don't like taking risks unless I am very sure that my choice of fintech app checks all listed above especially the security aspect there mustn't be any insecurity scandal at all...

4 Likes

Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by Franktom247(m): 12:10pm On Feb 05
Is palm credit realiable or is it an affiliate of palmpay?
Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by Jayjerjay: 12:15pm On Feb 05
Speed, network availability, free transfers too actually
Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by 0xAaron: 12:15pm On Feb 05
saratackit:
Online reviews, branding authentication, availability of giveaways, fast transaction records and security I don't like taking risks unless I am very sure that my choice of fintech app checks all listed above especially the security aspect there mustn't be any insecurity scandal at all...
that security aspect is very important, make Dem nor go run away with my money
Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by graceyJ1: 12:18pm On Feb 05
Network availability,free transfer and no previous issues
Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by Nuelng: 12:18pm On Feb 05
Franktom247:
Is palm credit realiable or is it an affiliate of palmpay?

Me I know palm credit as a loan app and nothing more, or have they added new features to it?

2 Likes

Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by MilkyGalaxy88: 12:19pm On Feb 05
What's paga for?
Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by enoch273: 12:22pm On Feb 05
Hm, for me it's ease of use and customer service support option.
Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by Techm8: 12:24pm On Feb 05
So many app solve the same problem so I just choose the one with the better customer service
Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by Techm8: 12:25pm On Feb 05
enoch273:
Hm, for me it's ease of use and customer service support option.

Exactly. Some apps with terrible UX and you wonder if they're serious at all
Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by Iyeeshaar(f): 12:26pm On Feb 05
Reliability and user friendly ,I have tried almost everything here and from my findings this MOTOPAY app is going to be really good
You can check them out

https://us21.list-manage.com/survey?u=83e1e69b79d86ff58d6d38dca&id=10b1cf77a2&attribution=false
Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by Ozohu454: 12:27pm On Feb 05
Security,and easy network flow, just like this MOTOPAY they are good

1 Like

Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by Corroro: 12:30pm On Feb 05
Lol, na this your write up make me know sey na Fintech apps dem they call these things sef. Personally, I do banks that have a physical customer care grin

4 Likes

Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by Eqtally: 12:33pm On Feb 05
I have used a couple but maybe I will look up this motopay. Will be nice to see how they are different from the usual.

1 Like

Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by Wordsofwisdom: 12:35pm On Feb 05
Cashbacks are one of my major reasons o, cos those incentives can really come in handy. Meanwhile, @op what's the special feature you say you noticed on this Motopay?

2 Likes

Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by topradar4(f): 12:35pm On Feb 05
Corroro:
Lol, na this your write up make me know sey na Fintech apps dem they call these things sef. Personally, I do banks that have a physical customer care grin

Because you have trust issues grin

OP Abeg which one is Motopay again??
Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by Wordsofwisdom: 12:45pm On Feb 05
Corroro:
Lol, na this your write up make me know sey na Fintech apps dem they call these things sef. Personally, I do banks that have a physical customer care grin
haha, I have a friend that had the same mentality, didn't believe in online banking, cos he always wanted a physical location where he could find someone to hold responsible Incase of issues. During the cashless era, he saw hell with purchasing things cos he didn't patronize anything online and banks weren't giving cash, since then he learned his lesson, plus the bonuses in these apps sef better pass many banks own.

5 Likes

Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by Jacku: 12:54pm On Feb 05
I think one of the best features Fintechs can deploy is faster transactions, reliability and ease of use.

Also, they should have a medium of where they can allow customers earn more.

I think I should check out this Motopay or what there name is again. I don dey hear small buzz about them.
Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by Yinksy09(m): 12:57pm On Feb 05
Security and if the app, motopay is very secured then I would consider using it.
Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by Ayeesha454(f): 1:01pm On Feb 05
I recently checked this MOTOPAY app and they actually tried although we know no app is perfect
Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by Didijiji: 2:13pm On Feb 05
This post is an indirect advert for motopay


see how they used brain to add it to the list to arouse the curiosity of users to check it out

wink

32 Likes

Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by jimmyolasun: 2:14pm On Feb 05
Interest rate on my savings and reviews
Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by MykellOni(m): 2:14pm On Feb 05
A
Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by spiralwedge(m): 2:17pm On Feb 05
I use Lenco. Though not perfect, I like the cashback, and the personalised and approachable customer service either through whatsapp or through their app's intercomm
Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by Pharaohny: 2:19pm On Feb 05
Apart form Opay, Palmpay and Moniepoint others are just loan app in my eyes............. 🤭



But why didn't you include Moniepoint

3 Likes

Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by money121(m): 2:20pm On Feb 05
Ok
Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by lanre316: 2:20pm On Feb 05
Why do I feel that this thread is a coded advertisement for motopay?

14 Likes 1 Share

Re: What Criteria Should One Consider Picking The Right Fintech App For A Business? by Namaster: 2:24pm On Feb 05
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