18/04/2025
Atanda, How safe is 0pay, palm'pay, M0niepoint and Kuda.
Are they reliable?....
Yes, they are reliable and safe because they are registered with CBN and insured with the NDIC
But no put 5M for each one ooooo
Cos there insurance na 5M in case dem fold up
So if you get like 15M
Share am 5M each for each account
Same thing for regular banks
Their insurance na 5M too.
So avoid putting more than 5M in one account in case anything goes wrong
You fit get like 10 account
Dey split money round for them all
Ignorance of the law is no excuse...Ire o!