Download enaira wallet app APK & IOS version: Do you want to get Nigeria enaira wallet app? Are you looking for where to download enaira wallet app for iOS and android smart phones? If yes then, this article is for you.
What is an enaira?
enaira was introduced on 1st October 2021. The digital currency is issued by the Central Bank of Nigeria. Central Bank digital currency (CBDC) is a legal tender
Some developed countries have started using digital currency long before now. As of now, over 80 countries are trying to create their own central bank digital currency
What is enaira wallet?
The eNaira wallet is a digital storage where enaira Will be kept. It is held and managed on a distributed ledger. The eNaira wallet is required to access, hold and use eNaira.
What are the benefits of enaira?
The benefits of the eNaira are:
- Fast, cheap, reliable and available payment channel
- Support digital economy
- Improved economic activities
- Simplified and easy cross border payments and trade
- Inclusion of excluded people in the financial system
- Improved effectiveness of monetary policies
- Ease in targeted social interventions to support Nigerians
- Ease in tax remittance and collection to support the Country’s growth
What is the exchange rate between eNaira and physical naira?
The eNaira will hold the same value as the physical naira. As such, it will be exchanged one to one.
What is the primary role of the CBN with respect to eNaira?
In line with Section 2 of the CBN Act 2007, the CBN is the issuing authority of all forms of Naira. The Central bank will also be responsible for determining the technical, regulatory and operational standards for eNaira.
What makes eNaira different from the money in my bank account?
eNaira is the digital form of the cash you have in your bank account, however, it still have the same value as your physical cash deposited and is a direct liability on the Central Bank of Nigeria while the customer deposits are direct liabilities on the financial institutions
Why should a business/corporate operate the eNaira wallet?
- Instant settlement
- 99.9% service availability and reliability
- Low charges
- No dispensing errors
- No reconciliation issues
Why should an individual download and fund the eNaira wallet?
- 99.9% service availability
- Low charges
- Nationwide acceptance
- No dispensing errors
- Advanced data privacy and security
Will eNaira replace cash?
No, it will move together with cash. The eNaira will complement cash as a less costly, more efficient, generally accepted, safe, and trusted means of payment.
As an eNaira holder, am I assured of data privacy?
Yes. Similar to the privacy enjoyed by current online banking patrons, the eNaira system has been designed to ensure data and user privacy. There are also operational policies and procedures in place to protect users’ identity and privacy. It is one of the reasons why enaira is much welcomed.
How do I access eNaira?
Customers will be able to access eNaira via the eNaira wallet in app stores such as Google Play store and the Apple App store. Users can also dial a USSD short code and follow the required steps to perform transactions. This article will guide you on how to download the app.
Is eNaira safe?
eNaira is safe and secured with cryptographic techniques against counterfeiting, cloning, and other forms of attack.
Download enaira wallet app APK & IOS version
We are not just trying to emulate developed countries alone but Also to create an environment where transactions will done safely and reduce the paper note held by number of Nigerians.
Download eNaira Wallet App
The methods to download and Fund eNaira Wallet App are straightforward:
- Go to the official eNaira website
- Click on the download link at the top of the page, or go to this link.
- You’ll notice download links for both the App Store and Google Playstore.
See also: Nigerian Defence Academy (NDA) Disclaimer/Admission Fraud Alert
For security I recommend you to download it from their official website to avoid cloned software.
You can either fund the wallet directly from your bank account or have money sent to you by other eNaira users.