Whenn last did you visit the bank?

[Abdulzuruku01]

It's amazing how fast change comes and how easily we forget the things we were used to.

Since POS and mobile banking took over the space most of us can't even recall the last time we made any physical transaction at the bank. For me, the last time I entered a bad was about two months ago and that's only because I needed a new ATM card otherwise, I do all my transactions on my phone.

The queue at the ATM stand is gradually reducing because, when you consider the time and stress people go through on the queue and you know that the pos guy will only charge you 100box to get 5k, you go just jejely waka go POS point, withdraw your money and getat to your house.

Microfinance banks like pay, palmpay, and Monie Point have even proven very reliable and customers have gradually shifted their attention and funds to them.

People now prefer to make cashless transaction and it won't be a thing of a surprise if banks start doing away with some of their staff due to massive reduction in the number of customers as well as reduction in transactions made at banks.

Wetin I wan go find for bank wey POS full everywhere for street? The distance from where I dey stay to bank I fit spend like four hundred naira just for transport fare, and not that person go deposit or withdraw the money instantly their customer attendans in banks (cashiers) go first behave like sey them be second angel of death, you go to their ATM stand for queue just to hear sey the machine swallow your card.

Sha e no get as e be for now we still need all these commercial banks service, I don't know the kind of technology wey go come in future but for now I go still rate them as the best. Some people still de wey no too believe in all these microfinance Banks dem, dem never still get mind to they put money for microfinance Banks like opay, palmpay, raven and fairmoney e.t.c because them they think sey they fit run with their money any moment and if anything like dat happen to locate their branch go de difficult so the safety of our money na im be d Koko. Banks are more reliable but e no de stop me from using my opay.

[letteredhub]

The queue at the ATM stand is gradually reducing because, when you consider the time and stress people go through on the queue and you know that the pos guy will only charge you 100box to get 5k, you go just jejely waka go POS point, withdraw your money and getat to your house.

Thats true op. And the most discouraging part about not seeing any need to stand in queue at the ATM point to make withdrawal is how money finishes in the machine when it's close to your turn, like one or two persons to your turn after you have stood in line waiting.

Those recurrent cases was part of what discouraged me from having the liver to stand at ATM point for withdrawal when I can just perform same using a POS point with just #100 charge, saving my time from been wasted.

Microfinance banks like pay, palmpay, and Monie Point have even proven very reliable and customers have gradually shifted their attention and funds to them.

Microfinance banks has been a life saver during and after those times of scarcity of the Naira with their fast payment system hardly getting hanging transfers. But even as that I wouldn't encourage anyone to leave huge sum of cash in those microfinance banks like palmpay, Opay and Kuda etc. If you want to keep a huge amount in your bank account do that with those banks with physical offices saturated all over the States and country it's much saver as you have where to walk in ask easily lay a complaint.

You can leave a little amount in this microfinance banks for daily quick transactions and expenses buy never as a means of storage . E get why!

[Smartvirus]

POS don dey around for some time now and the growth on the business don dey explosive way be say, e hard for you to walk around any corner for any urban area and you no go see at least one or two POS stand. This business don bring about the rise of plenty wallets (online banks: Monie point, OPay, etc) and these guys don make services cheaper and access to POS machines more affordable and accessible but, the skepticism side still dey.

You know goose calls way person go receive con dey tell you say, them be your bank manager and you go send them some code via say something dey wrong with your account… The thing don make some people to dey careful on how them dey use POS services and these categories of people still dey dey prefer inside bank than any alternative but the better be say,
E don drop wella.

The cashless policy and change of notes open Nigerians up to possibilities of easy and faster means to finance handling. E help banks too if you ask me. Less paper work and time spent in attending to customers as well as managing people. E dey hard me go bank for any of my personal transactions. Mobile banking and the availability of customer care support on the apps just makes banking a lot more easier and the charge on POS service no matter much for petty transactions.

[Fivestar4everMVP]

Haha, don't be surprised if or when I tell you I stayed more the seven good months before visiting a bank recently.

And why did I visit the bank?

It was because, I transferred the sum of #180, 000 naira to someone and he didn't get the money, even when I had been debited, we waited for 2 days and the guy did not get the money, I normally do lodge my compliant online and within a few days, the issue, no matter how serious, will be resolved, but this time, I just on my own decided to visit the bank branch close to me since it's been a while since I last visited the bank, so I went physical to lodge my compliant this time, and within days like normally with my online complaints, money was refunded back to my account.

So yeah, the emergence of POS and mobile banking, have indeed reduced the stress that comes with operating an account with a bank here in Nigeria .

Just that POS operators don too much, in my area here, you can't walk for 5 seconds without seeing a POS stand or shop, sometimes, I dey wonder how they take dey see customers self  .

[Nheer]

It's amazing how fast change comes and how easily we forget the things we were used to.

Since POS and mobile banking took over the space most of us can't even recall the last time we made any physical transaction at the bank. For me, the last time I entered a bad was about two months ago and that's only because I needed a new ATM card otherwise, I do all my transactions on my phone.

The introduction of POS and Moblie banking don really make things easier for us especially in terms of withdrawals, the way queue de always de for banks especially during period go make you hate bank so much. As i see this post i just de remember one say wey i see shege for bank as i go withdraw mumcy salary, the kind queue wey i see dat day i stand for almost 3 hours and when e vin de reach my turn na im dem talk say cash don finish for the machine so we still had to wait before dem still stack the machine with cash. This experience just make me de avoid bank matter ever since and i think the last time wey i enter bank na when i go request for account upgrade and also new atm card and e don reach a year now or even pass sef and after the upgrade i no de really use this banks again. Opay and palmpay has been my most used bank because of their fast transaction.

The queue at the ATM stand is gradually reducing because, when you consider the time and stress people go through on the queue and you know that the pos guy will only charge you 100box to get 5k, you go just jejely waka go POS point, withdraw your money and getat to your house.

If you compare this N100 and N200 charges to the amount wey you go spend for transport go bank you go see say much difference no de na why we de jejely use go POS to withdraw and also the issue of queue wey de dey for banks de discourage us from going to the bank.

Just that POS operators don too much, in my area here, you can't walk for 5 seconds without seeing a POS stand or shop, sometimes, I dey wonder how they take dey see customers self  .

Na so i been de think too say how dem de take see customers as dem don too plenty and in some areas you go see like 5 different POS line up near each other, but then one of my friend wey own a Pos con de tell me say even as dem plenty all of them de see customers say na we de see am like dat and i con reason am say the rate wey people de transact everyday no be small.

[Agbamoni]

[Majestic-milf]

 You know say this question nah funny one but nah something wey we dey overlook because of POS and mobile banking app. The funny part be say I dey dread go there unto say the line wey person go cue on just to collect moni no be here. And sometimes too, after staying there for a long time, e fit reach your turn and them go say cash don finish or one crazy excuse.
Another annoying thing about banks nah be say if you go use their ATM machine, sometimes your card fit get swallowed. Honestly, I no go lie say POS don help reduce the stress. But the way some of them dey charge eh, e go make u reason bank.

[sokani]

Mehnnn, na January wey I enter di banking hall last and wetin really carry me go there na because I need hard copy of my statement of account. POS, ATM machines, bank transfers don make transaction easy for people, na before before wey I dey go queue up in other to deposit or withdraw money. Now POS don dey everywhere, wen I calculate di money wey I go use pay transport go bank, di time wey you go waste and di stress, I go just reason say e no worth am and I go just accept to pay di POS vendor di charge instead to run di transaction for me.

[Pokapoka124]

I nor fit remember when last I enter inside bank or even go atm machine sef. Na pos I dey use oh, and most shops don get the machine and them dey also accept transfer. Things don really change for naija oh, and na since that cash scarcity time last year nai business owners come wise. If I get transfer problems, I go just email the bank or write their customer support for twitter. This pattern fast pass the time way I dey go stand line for inside bank, those customer care girls go come dey use person dey turn round.

[DaNNy001]

It's amazing how fast change comes and how easily we forget the things we were used to.

Since POS and mobile banking took over the space most of us can't even recall the last time we made any physical transaction at the bank. For me, the last time I entered a bad was about two months ago and that's only because I needed a new ATM card otherwise, I do all my transactions on my phone.

The queue at the ATM stand is gradually reducing because, when you consider the time and stress people go through on the queue and you know that the pos guy will only charge you 100box to get 5k, you go just jejely waka go POS point, withdraw your money and getat to your house.

Microfinance banks like pay, palmpay, and Monie Point have even proven very reliable and customers have gradually shifted their attention and funds to them.

People now prefer to make cashless transaction and it won't be a thing of a surprise if banks start doing away with some of their staff due to massive reduction in the number of customers as well as reduction in transactions made at banks.

It's actually quite funny you know because I also can't quite recall my last visit to the bank after all the horrible experiences I had when the shenanigans of the whole new naira note shortage was going on. I think I am now bankophobic  because the whole system of business is now trying to meet up and things are a bit lot easier in Nigeria.

[Chilwell]

I nor fit remember when last I enter inside bank or even go atm machine sef. Na pos I dey use oh, and most shops don get the machine and them dey also accept transfer. Things don really change for naija oh, and na since that cash scarcity time last year nai business owners come wise. If I get transfer problems, I go just email the bank or write their customer support for twitter. This pattern fast pass the time way I dey go stand line for inside bank, those customer care girls go come dey use person dey turn round.

Even bank too no say costumer no dey too come bank now, as of last two weeks ago first bank dey look for who to give pos machine, this one surprised me well well  because the all first bank no fit sit down dey wait for costumer to come because they discovered say people dey move to wallet bank now because their charges dey cheap and network is almost 100%. When we dey complain about their charges we were thought that the charges are low now,

[iBaba]

Since Buhari show us shege during and after election on the cashless policy, I don't even use cash except rare cases of transportation when I use public transport. If there is any area that I like about the past government is the cashless policy but the way they bring wasn't friendly at all, I will never forget frustrations I experienced during and after that election time.

I like how things have change in the banking industry, there was this time Nigerian Commercial banks think they are gods, the untouchable because there was no alternatives then but today, with your ₦200, you can have your thousands of naira instead of walking or drinking Kilometers away to go and use their machines that will even swallow your card at the end or during the transaction. Nigeria Bank ATM don swallow your card before, the experience are not funny one and I love the innovation how it changed the banking sector.

As it is right now, there is even more competition among the micro finance banks, Kuda was one of the first micro finance banks in nigeria, then Opay follow when their transportation idea died and since the launch of their opay POS, they have become one of the fastest growing bank in Nigeria, Palmpay is good because of their loan but moni point is now fighting to have more customers, they just launched their mobile app on app store and play store to get more customers. Their adverts is all over BBNaija shows to win Nigerians heart but opay is already leading with their lightening transaction.

Evolution is contact in life, so many things will spring it up, whether with positive effect or negative effects, it has given pushed innovative ideas to the limelight. That's why some often alleged bad policies bring about innovative solutions to problems which is another avenue that people diversify and make more money. I believe the cashless policy is a case study. Unfortunately, our government is not necessarily Digital currency friendly, they would have widely adopted the technology or at least explore around the technologies.

Government needs to be more proactive and prudent in opening its windows and doors to vast of ideas out there.

[Forever101]

The truth remains, everyone of us cannot do without bank , and that  you have not visited the bank for some months does not mean you can do without it. Most persons who have been to bank still have their ATM card working perfectly and some do not have any issue with their account.
If you have not been to bank for some times now, then you must have been to P.O.S to withdraw money. Even the p2p transaction requires the bank.
When there is mass adoption and usage of Bitcoin for day to day activities then going to bank for anything will be optional

[Obari]

I just like the fact say you no begin dey shout and sing praises of bitcoin  and cryptocurrency in general because if na others the next thing you go see be say na bitcoin  make people stop to fey go bank which is absolutely  wrong because at the end of the day, with all your bitcoin holdings, you go still need naira.
Frankly I no fit remember when last I enter our banks and reason been that I never really get anything to go do there because Firstly when I reason transport to reach Bank which is about 800 naira to and fro, aswear I no see reason to reach bank because  with that transport I fit withdraw 80k once and I never really do transactions wey go require me pay upto 80k physical cash.
I still dey pray make I no get reason to go bank not anything soon except better money drip wey dem go block my account.

@op, e be like small error dey your topic make you edit the "whenn" comot one "n"

[Chilwell]

The queue at the ATM stand is gradually reducing because, when you consider the time and stress people go through on the queue and you know that the pos guy will only charge you 100box to get 5k, you go just jejely waka go POS point, withdraw your money and getat to your house.

Na true you talk because even me I no fit remember when last I go bank even before the cashless policy, I no dey like go bank instead I dey prefer to use POS no matter how huge the amount is, wetin I dey normally calculate much na time, my residence dey far from bank so I dey calculate the transportation fees for go come, the money don pass the charges for the POS, I dey spend almost one hour to get to the bank and come back, na this matter be the reason why I no even collect ATM rather I dey use mobile apps to do my transaction, one hour wey I go use go bank to back na em I go use go POS and also do wetin I want do within one hour.

Truly if not because of safety I go like to they keep my money for house because sometimes I no dey get access to money when I need am, even this network issue don tire me, and also that unnecessary charges and also fraudulent people too dey disturb person.

[RockBell]

You know say this question nah funny one but nah something wey we dey overlook because of POS and mobile banking app. The funny part be say I dey dread go there unto say the line wey person go cue on just to collect moni no be here. And sometimes too, after staying there for a long time, e fit reach your turn and them go say cash don finish or one crazy excuse.
Another annoying thing about banks nah be say if you go use their ATM machine, sometimes your card fit get swallowed. Honestly, I no go lie say POS don help reduce the stress. But the way some of them dey charge eh, e go make u reason bank.

Things have changed in a very short time I remember does days when you could not avoid going to the bank whatever the transaction may be at that time but now everything is easy, especially pos that innovation have made thing easy for people and bankers, just work down to any junction in your street and you have access to cash without stress. Just that during that cashless policy people suffered for cash because we depend too much on cash but to some extent thanks to the policy it was an eye opener. The last time I went to the bank was to get my ATM and that has been the last time I went there.

Mehnnn, na January wey I enter di banking hall last and wetin really carry me go there na because I need hard copy of my statement of account. POS, ATM machines, bank transfers don make transaction easy for people, na before before wey I dey go queue up in other to deposit or withdraw money. Now POS don dey everywhere, wen I calculate di money wey I go use pay transport go bank, di time wey you go waste and di stress, I go just reason say e no worth am and I go just accept to pay di POS vendor di charge instead to run di transaction for me.

Obio that serious when I saw this that I could not stop laughing wow I know how a lot of people hate going to the bank and the stress alone is just discouraging, mobile apps have such a feature for getting your statement of account they will send to you as PDF format so there will be no need for you to even have gone to the bank things are just getting better. And the queue is always annoying especially when you want to withdraw and at the end of the day you might not even get to withdraw because the cash is not always enough. Aside from the transport you will spend to transport is better the stress and how they will even waste your time.

[Y3shot]

I no go lie since opay start to dey reign e don Tey I go my bank, my ATM card don expire over a year now but I no still border about it because of how opay dey very good. Our banks really need to learn from opay, some days ago I just say make I put money into my bank they deduct huge amount from my account,  I see reason why people will always choose opay before any other bank . Opay no dey dey deduct money from people account for no reason, but other banks keeps stealing from us.

[Jamestown70]

Omo it's been almost a year I last visited the bank and it was because of the amount my account was limited to I received a certain kind of money and I had to go to the bank so that the limit would be increased that was the last time I visited the bank and I believe if not for some complains or banking issue or ATM renewal I don't think many of us would visit the bank for a long time

Honestly pos and mobile banking is a stress reliever applaud Nigerians for giving mobile banking and pos a try I remember when fashola was still the governor of Lagos state he was among if not the first person pushing for a cashless society by introducing the use o a POS machine and mobile banking to lagosians and then the entire nation bought the idea

[teamsherry]

I visited bank frequently cause I lost my phone and I have to retrieve my account but apart from that nothing will carry me to Bank am I mad those people that like to frustrated people for nothing.Na their loss they like to misbehave for nothing

[Justbillywitt]

Honestly speaking I can't remember the last time I visited a bank, because I don't have anything to do there. All my banking details are in order and I don't see a reason why I should visit there. Mostly I operate more on cashless basis. When I need our local currency I sell my usdt on p2p and and get my money in my account. When I run low on groceries I go to the grocery store and buy everything I need and pay with my debt card. For those that accept Bitcoin I pay them with Bitcoin. With the way our country is right now, one can really operate on a cashless basics if you want. This has really reduced the work load on the banking sector.