Banking and Payment

Abeg App is Providing a New Way to Send and Receive Money in Nigeria

Abeg App is a fintech app in Nigeria that provides seamless way to send and receive money.

#Abeg is a popular word use in Nigeria which means ”please”. So the question is, why is this app named abeg?

abeg #app apk

Before I go deep about Abeg app, lemme quickly review something to you.

Do you know that abeg has recently reported as the headlines sponsor of the popular TV reality show ”Big brother Naija” Season 6 edition. Patricia Glover app is also one of the sponsor of BBNaija.

Now without much Ado, let’s dive to the reason of this article.

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What is Abeg App

Abeg App is a mobile payment platform that allow sending and receiving money easy to millennials in Nigeria.
This app is created by Abeg Technologies and was founded in 2020 by  Dare Adekoya, Muheez Akanni and Michael Okoh.
According to Abeg CEO,
The company was modeled after Cash app, an American mobile payment service owned by Square, a company founded by Twitter CEO Jack Dorsey. Abeg is the Cash App for Africa.

How does it Works?

A peer-to-peer money App, that is ; you send and receive money. You can also request money from another abeg user on your contact list by using abeg tag provided in your dashboard.
Abeg app also works by letting you send and receive money from friends and families seamlessly.

Benefits and Features of Abeg App

Abeg App is with many features and benefits, which will be mention below ; 
  • Send and receive money seamlessly
  • Request money using abeg tag
  • Wallets to store your funds
  • App to manage your abeg account
  • Pay bills
The Fintech Startup promise to bring more better features in future.

How to Send And Request Money on Abeg App.

The peer-to-peer money app allow it users to send and request money from another abeg user simply by typing their tag. This process goes in line with chipper cash tag.
You can also send money to another abeg user, you don’t need a local bank account number to do this. All you need is your abeg tag. 
In this section, I will share with you how to request money from another abeg user.

How to Request Money on Abeg App.

First and more, to Request money on abeg, download the app and register an account (sign up). Then follow the below instructions.
  • Login to your abeg dashboard
  • Click on the ”Request” button
  • Enter your amount and needs for the money.
  • Then click on ”request” to proceed with the transaction.
  • Then choose friend you wish to Request money from in your contact list.
  • Then hit ”done” as shown below.
How to request money in abeg app

Note – the person you’re requesting from have the options to accept or reject your request. But you will notified if any of it happens.

How to Send Money on Abeg App

Sending money on abeg app is easy, all you need to do is follow the instructions below to guide you.
  • Click on ”Send” button in your abeg dashboard
  • Enter your recipient abeg tag or select from you contact list
  • Enter the amount you wish to transfer then hit ”pay”.
How to send money on abeg app
Sending money on abeg app to another abeg user is totally free of charge.

How to Fund and Withdraw Money from your Abeg Wallet.

Abeg wallet is a digital pulse that allows storing of money. All the transaction done are carried out from this wallet, including, sending of money, withdrawing and funding.
In this section, I will share with you how to fund and Withdraw money from abeg wallet. Firstly, let’s start with;

How to Fund Abeg Wallet

Follow the instructions below to fund your abeg wallet
  • Locate and click on the profile icon in your dashboard
  • Select fund wallet.
  • A local bank account details assigned to your account will be provided for you to fund your wallet. (Just like chipper cash)
  • Copy and pay directly into the account.
The instructions are highlighted in the image below.
How to fund abeg wallet

How to Withdraw Money from Abeg Wallet

  • Locate and click on profile icon in your abeg dashboard
  • Then select wallet balance
  • Select withdraw from the pop and enter amount you want to cashout.
Note – you can add a new bank account to cashout your money from the wallet or use exiting account details.
How to withdraw money from abeg wallet
Moreso, withdrawal cot N10 charges per transaction.

Abeg App Funding

The fintech startup raise several millions of dollars in seed funding, among others, seed funding has been a major priority for them and I have seen many fintech startup publish press release on tech blog just to announce their funding rounds and achievement.

FAQs about Abeg

Here are the most likely questions people might ask regarding abeg.

Who is the founder and CEO of Abeg?

With amount of research, it was discover that three young men founded abeg. They are Dare Adekoya, Muheez Akanni and Michael Okoh. And Dare Adekoya as the CEO.

Where can I download Abeg app?

Download the app at any of the below stores.
1. Google play store
2. Apple store (iOS)
3. Abeg app Apk

Abeg App Contacts and Customers Care Number

Contact abeg via social media.
Facebook

Abeg App Reviews

Abeg App is a legit, secure and fast P2P mobile payment platform that offers sending and requestimg of money in Nigeria.
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