Explore and learn the various ways you can use the Marketplace transfers on the send service help desk section. Marketplace transfers allowed you to send your loved one with any payment convenience of your choice.
Wallet to Wallet1
This wallet-to-wallet sending service involves transferring funds from your wallet to another beneficiary wallet on the Netapps marketplace. This type of service is free and comes with no cost.
Wallet to Bank2
This wallet-to-bank sending service involves transferring funds from your wallet to a beneficiary NUBAN number. This type of service comes with a service fee inclusive of VAT, ranging from NN53. Please note that all charges are per the CBN guideline on fees and VAT charges.
Card to Bank3
This card-to-bank sending service involves using your debit/credit card to send funds from your card to a beneficiary either for a one-time/a recurring payment via the Netapps Marketplace. If you do not have a saved card on the Marketplace, you will manually need to enter your card details for this sort of service to be successful.
The system will ask you to verify card ownership by submitting a one-time password (OTP) that your bank will send to your phone. This implementation is necessary to ensure the protection of the card owner.
You may choose whether or not to save the card for recurring card payments. If you do not want to save card details, you will manually enter your card information each time you wish to fund your account using a card. Fees on this type of transaction are subject to change according to the rate and amount transferred.
Please note that we are PCI-DSS compliant, so your details are safe with us.
Generate Payment Code4
Generating a payment code” involves creating a unique code or token to represent a specific payment transaction. It serves as an alternative when a physical payment card is not available. These codes can be in the form of a QR code, numerical digits, or alphanumeric characters. This method finds use in person-to-person payments, mobile payment applications, online purchases, and contactless payments, where merchants can scan the code using their payment terminals.
Service Charge, Terms and Condition apply.
Schedule Transfer5
This type of service involves setting up a recurring or future-dated transfer of funds. The “Schedule Transfer” service saves time and eases stress, including helping you automatically pay the following on specific dates without the need for manual intervention:
- Utility bills
- Mortgages
- Standing orders
- Saving plans
- Loan payments.
The scheduled Marketplace transfers will debit the specified amount from the source account and credit to the destination account on each scheduled date set by you. Additionally, users can modify or cancel “scheduled transfers” at will.
Scheduled transfers are best for efficiently managing financial obligations and goals.
Gift Voucher6
Gift your family and friends gift vouchers to help cushion the effect of cumbersome bill purchases and many more. Users are allowed the flexibility to generate these vouchers with specified amounts and voucher duration validity.
NFC PAYMENT7
This sending service involves using the NFC to source funds into your wallet.
The NFC, or Near Field Communication payment are contactless mobile payment that allows you to make transactions with one tap or waving your NFC-enabled device, such as a Smartphone or contactless card, near an NFC-enabled payment terminal. Additionally, NFC payments require you to make a one-time set-up on your device by connecting your payment card or app before any payment process.
It is also important to note that to make a payment using NFC, an NFC-enabled device must be near an NFC-enabled payment terminal or initiated from the same device to establish a secure connection. However, a customer is mandated to confirm the transaction details before any payment is processed via NFC connection.
NFC payments offer convenience and speed. The security measures employed during NFC payment, such as encryption and authentication, help protect your payment information during the transaction.