6 Nigerians Talk About Their Struggles With Bulk Payments

MoMo Agent | Money
August 10, 1900

Many people might not be aware but there are ways to carry out transfers to multiple people without sweating. Which is why we asked 6 Nigerians to tell us about their struggles with bulk payments and platforms to simply the process..

Jumoke, 30

So far, I have been fairly impressed with my bank’s bulk transaction service. I didn’t even know there was such a thing, until someone told me about it. It’s been very useful in my business. As a provision store owner, I deal with a lot of suppliers and it’s not easy trying to transfer to them one by one. Although, it will not be a bad idea to have other options. You know how things can get; network wahala, app glitches here and there especially when you’re in a hurry and customers are waiting.

Alvin, 26

I currently use my bank’s app to make group payments when I have to, which is frustrating because I have to transfer funds to each person separately because my bank doesn’t have a group transfer option. Honestly, there’s nothing tying me to my bank’s app, and if I find an app that does bulk payments smoothly, I’ll port immediately. I didn’t come to this life to suffer.

Jerry, 22

Right now, there’s nothing in particular that I’m dissatisfied with when it comes to the payment platforms I use. Once in a while, there are glitches and money gets stuck in the air for few hours, but otherwise, it’s smooth. Oh, there’s one: they made a recent update where I can’t transact more than 1 million Naira in a day. So I usually need to use other banks to complete the transaction one at a time. I haven’t heard of a way to carry out bulk transactions to people besides crypto.

Esther, 23

In a day, I make transfers at least thrice. It’s either I’m buying food, something comes up that I need to pay for or or I need to send someone money asap. It would make my life a lot easier to be able to do all these at a go, because I’m really tired of making single transfers. It’s so easy to even forget to make them when there are a million other things calling for my attention. I’m not sure there’s a bank that offers this bulk service, but if I find one, I’d like to open an account with them.

Bassey, 24

I haven’t really considered the possibility of using my network provider to make payments to different people at once. Although, I do know a bank app that has this feature. I have also seen someone use it to make payments to me and a couple of other people. We all wrote out account numbers on a sheet and the lady did it at once on the spot. Others did not receive theirs until much later, but we saw it I think, later in the day.

Ugo, 27

Anything that has to with going to banks physically stresses me out, especially when it comes to sending huge sums of money. Which is why I stick to my bank app jeje. It’s just that sometimes, like the end of last month (August), it strikes me just how far we still have to go with digital banking in Nigeria. So, month ended and I was disbursing pay to some writers who work with me and I found myself wishing I could do it all at once. Like why do I have to send to A, B, and C separately? Also, what if I don’t have access to my device and there a several urgent payments I need to make? I’m currently looking for platforms that offer this feature because I believe there has to be another way.

Imagine being able to make payments to two or more people at once via your network provider…

If you’re an individual, business or organisation looking to optimize bulk payments to save time and reduce operational costs, then MoMo Agent is your one-stop solution. 

About MoMo

MoMo Bulk disbursement service enables an organization to make payments or disbursements to mobile phones of individuals. With “Bulk Disbursement”, individuals and organizations can disburse cash to millions of beneficiaries (including employees) via thousands of Momo Agents across the country.

Who Can Benefit from This Service?

Any person with an MTN sim card on a phone. The beneficiary does not need to have a bank account to receive funds.

Who can use the bulk disbursement service?

The service is open to all private and public organizations and institutions (including non-profit) intending to make bulk payments to individuals.

Sponsored by
MoMo Agent

Join The Conversation

Bring a friend.

You'll like this

November 3, 2020

“A Week In The Life” is a weekly Zikoko series that explores the working-class struggles of Nigerians. It captures the very spirit of what it means to hustle in Nigeria and puts you in the shoes of the subject for a week. The subject of today’s “A Week In The Life” is a Medical doctor. […]

Watch

Now on Zikoko

Recommended Quizzes

April 14, 2020

Every friend group consists of very different and specific characters — from the parent to the fun one — and it can be a little tough figuring out where you fall. So, we’ve created a quiz that lets you know exactly what kind of friend you are. Take to find out:

November 14, 2019

The fourth season of Big Brother Naija came to an end over a month ago, but the conversation surrounding the housemates is far from over. So, in a bid to keep the fire burning, we decided to create a quiz that tells you which famous member of the ‘Pepper Dem’ gang is your soulmate. Take […]

June 14, 2020

Have you ever been with someone so horrible that you swore to never date again? Yes? Well, do you know that one or more of your exes probably feels the same way about you? You never thought about that, huh? Thankfully, this quiz is here to let you know just how much of a hassle […]

What are you like in a relationship?
February 7, 2020

Your taste in music can say a lot about you, and this time, it’s going to reveal what you are like in a relationship. So, pick a few of your favourite Nigerian love songs, and we’ll let you know if you’re typically a distant, passionate or unbothered partner. Here you go:

November 19, 2019

Regardless of what society has tried to tell us, enjoying sex is not something to be ashamed of. So, in a bid to celebrate our generation’s sexual agency, we’ve created a quiz that will accurately (again, keep your complaints to yourself) infer how many people you’ve spelt with. Try it out: 11 Quizzes For The […]

More from Money

Watch

Trending Videos

Zikoko Originals

September 13, 2022
Vs The World is a Zikoko original video series that follows best friends Astor and Hassan as they take on the world.
August 23, 2022
Zikoko Ships is a Zikoko Original series where we invite two people who share a relationship to play the Zikoko card games
December 14, 2020
What happens when a group of chatty young Nigerians talk about things they're passionate about? You get Nigerians talk. A show that discusses very familiar struggles for the average Nigerian. From relationship deal breakers to sex education with Nigerian parents to leaving Nigeria, be prepared for a ride.
November 2, 2020
'The Couch' is a Zikoko series featuring real life stories from anonymous people.
October 26, 2020
A collection of videos documenting some of the events of the EndSARS protests.
June 22, 2020
'The Couch' is a Zikoko series featuring real life stories from anonymous people.
June 22, 2020
Hacked is an interesting new series by Zikoko made up of fictional but hilarious chat conversations.
June 4, 2020
What happens when a group of chatty young Nigerians talk about things they're passionate about? You get Nigerians talk. A show that discusses very familiar struggles for the average Nigerian. From relationship deal breakers to sex education with Nigerian parents to leaving Nigeria, be prepared for a ride.
June 2, 2020
Quickie is a video series where everyone featured gets only one minute to rant, review or do absolutely anything.
May 14, 2020
Isolation Diary is a Zikoko series that showcases what isolation is like for one young Nigerian working from home due to the Coronavirus pandemic.

Z! Stacks

Here's a rabbit hole of stories to lose yourself in:

Zikoko amplifies African youth culture by curating and creating smart and joyful content for young Africans and the world.
X