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Nairaland Forum / Nairaland / General / Business / Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers (40714 Views)
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Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by Ashibelieve: 4:05pm On Feb 07, 2021 |
Providus Bank has deactivated the virtual account numbers of Monnify and PiggyVest. https://nairametrics.com/2021/02/07/providus-bank-deactivates-virtual-account-numbers/A Piggyvest Setup New Virtual Card As CBN Fights Providus Piggyvest Nigeria top fintech company suffered some setback after CBN ban on banks engaging in cryptocurrency affected their partnership with Providus. HOW DOES PIGGYVEST CONNECT WITH PROVIDUS Providus provides virtual bank account (NUBAN) to piggyvest users to enable direct credit into their platform from any bank app. This bank on Providus made this feature to be disabled and without NUBAN number piggyvest violates another CBN policy. In less than 24hrs Piggyvest solved the problem with a partnership with Wema. Business lessson: Be flexible. The adoption of the virtual system if you understand coding is record time. I doubt if any bank in Nigeria can work with such spread. 15 Likes 1 Share
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Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by phenomental40(m): 4:07pm On Feb 07, 2021 |
am also waiting for one finance(carbon) to do same, been having problems logging in 4 Likes 2 Shares |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by Ashibelieve: 4:26pm On Feb 07, 2021 |
Which one is finance carbon? Never heard of them. |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by phenomental40(m): 4:31pm On Feb 07, 2021 |
Ashibelieve:formerly known as paylater 38 Likes 2 Shares |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by Aug28th(m): 5:08pm On Feb 07, 2021 |
I think there's an effort to destroy fintech in Nigeria. 131 Likes 12 Shares |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by Ashibelieve: 7:42pm On Feb 07, 2021 |
I don't think so. It's just regulation and bottle neck comes with regulations. Aug28th: 17 Likes 4 Shares |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by Brendaniel: 8:14pm On Feb 07, 2021 |
I knew they will attack these virtual bank accounts, Buhari and his goons in action ![]() 53 Likes |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by oluwasegun007(m): 8:14pm On Feb 07, 2021 |
And it has began.... |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by dimexy247(m): 8:14pm On Feb 07, 2021 |
Ok 1 Like |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by Nobody: 8:15pm On Feb 07, 2021 |
Am expecting VFD too 3 Likes 1 Share |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by Monimatic(m): 8:15pm On Feb 07, 2021 |
![]() ![]() ![]() PiggyVest has switched to Wema Bank. Our Money is safe...We move 129 Likes 3 Shares |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by fuckdemrepented: 8:15pm On Feb 07, 2021 |
I go soon leave this country for una ![]() 112 Likes 7 Shares |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by Chijeep(m): 8:15pm On Feb 07, 2021 |
k |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by Nobody: 8:16pm On Feb 07, 2021 |
This country is doomed 4 Likes |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by ForeThinker: 8:16pm On Feb 07, 2021 |
Cheii |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by Hndrrxxx(m): 8:16pm On Feb 07, 2021 |
Hh |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by shiki(m): 8:16pm On Feb 07, 2021 |
![]() 16 Likes 1 Share |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by bosschinalu(m): 8:16pm On Feb 07, 2021 |
Do not build for the Nigerian market, but Build for the world. Just a single CBN POLICY and everywhere has collapsed. This is quite a sad and disheartening period for the FINTECH Space in Nigeria. 63 Likes 4 Shares |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by Coldie(m): 8:17pm On Feb 07, 2021 |
Nwannem I learn from the best o, d best Davido ![]() 2 Likes |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by Neymessi: 8:18pm On Feb 07, 2021 |
phenomental40:they give the best loan, best loan app carbon 13 Likes |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by FBIBOT(m): 8:19pm On Feb 07, 2021 |
Ọmọ quidax too don get axed too.... Trades reduced, rates reduced 5 Likes |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by Felabrity: 8:19pm On Feb 07, 2021 |
Wetin piggy vest do una again? |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by tuoyoojo(m): 8:19pm On Feb 07, 2021 |
Piggyvest has been one of the best saving app Eva I am happy they were proactive and got another bank to partner with 43 Likes 4 Shares |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by SenecaTheYonger: 8:20pm On Feb 07, 2021 |
Grace exit? My God!!! Money that I put in your safe keeping, you're now telling me you want to give me the grace to exit? Chai. 1 Like |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by Henix(m): 8:20pm On Feb 07, 2021 |
Glad to hear that they are handling the situation pretty well. People work so hard for the money been saved on piggyvest, they don't deserve any story that touches heart 11 Likes 3 Shares |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by Kaiser20: 8:21pm On Feb 07, 2021 |
fuckdemrepented:Me I just relocated and you guys want to abandon Nigeria for who naa? 2 Likes |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by bigpsalmmy: 8:22pm On Feb 07, 2021 |
The CBN is really suffering from bad policy managers. I seriously wonder if they actually consider the pulse of potential and existing investors in policy making and implementation. We should expect a huge drop in FDI, foreign port folio investment, and except existing investors to begin a panick exist if they continue to fail to protect investors confidence. 31 Likes 2 Shares |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by SeunAdeniyi1(m): 8:22pm On Feb 07, 2021 |
Anyways, let me go and beg garri to eat this night. Hunger wan finish me. 7 Likes 1 Share |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by bamac(m): 8:22pm On Feb 07, 2021 |
phenomental40:No issue with login on carbon, I just did. 5 Likes |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by Mindlog: 8:22pm On Feb 07, 2021 |
Fintech is being stiffled. 3 Likes |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by fuckdemrepented: 8:23pm On Feb 07, 2021 |
Kaiser20:we go leave am for them ![]() |
Re: Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers by teewaik: 8:23pm On Feb 07, 2021 |
Oga try to comprehend things.... They meant grace fully exit from providus while they move to another correspondence bank...Your money is still there...na wa oo SenecaTheYonger: 26 Likes |
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