MoneyManager Electronic Money Transfer Cards

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Moneymanager is an instant cash transfer card that can be used to transfer money to any part of Nigeria. Moneymanager card is aimed at providing convenient and secure electronic money transfer services to Nigerians.

Customers can buy Moneymanager scratch cards at dealer and agent outlets spread all over Nigeria. Once bought, the Pay-PIN codes can be sent via SMS to anyone in the country. Recipients of Moneymanager Pay-PIN codes can redeem the currency value of the scratched Moneymanager card via any branch of Access Bank, Fidelity Bank and Oceanic Bank in Nigeria.

The currency received will be less than the amount originally paid by the sender. This is to account for the commission or transaction cost.

Moneymanager cards come in denominations ranging from 2,350 to 50,800 Naira and have a maximum validity period of about 180 days from the date of activation.

Moneymanager cards have unique identification information to enhance security and transaction tracking. Such information includes:

  • Pay code
  • Pin code
  • Serial number
  • Expiry date
  • Batch number

Moneymanager Pin and Pay codes are sent to recipients and are used to redeem the electronic money transfer.

In Nigeria, money transfer has been a real problem. It is now very common for people to transfer money using mobile phone prepayment scratch cards. This is due to a lack of an efficient or convenient means of money transfer in the country.

However, using a mobile phone recharge card as a means of money transfer comes with its own inconveniences. One major inconvenience is that the recipient of the card will have to carry the card around looking for a phone scratch card dealer willing to buy the card at a price that he/she is willing to sell.

This often takes hours and the recipient might even end up selling the card at a give away price or may even load the card into his/her mobile phone out of frustration.

Moneymanager electronic money transfer removes this inconvenience completely. Recipient will simply walk into any of the designated banks and redeem Moneymanager card at an approved rate. Money manager meets the needs of millions of Nigerians without a bank account, as neither sender nor recipient requires a bank account for the Moneymanager system to work.

So if you are planning to transfer or send money within the country, try Moneymanager electronic money transfer today. Feel free to share your experiences with Moneymanager with us.

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Paschal Okafor is NaijaTechGuide Team Lead. The article MoneyManager Electronic Money Transfer Cards was written by Paschal Okafor. The article was last modified: February 10th, 2022
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