Everything You Should Know About Nigeria First Digital Banking Called ALAT… 100% Digital!

WEMA Bank Plc has launched Nigeria’s first
full digital banking service, named ‘ALAT’…and it is 100% digital. With ALAT,
account opening/sign-up can be done in five minutes from a mobile phone.

Features of ALAT
1. Open a fully functional savings account using
just your BVN and phone number (We’ll get to the unbanked in a few releases
down the line) in exactly 5mins (we timed this!)

2. Instantly fund your new account using any
existing local or international debit/credit card you may have, in-app. No
branch/ATM visits necessary
3. Upload any required documents in-app. No
branch visits necessary
4. Select from 2 debit card designs in-app and
have same delivered to you within 2 business days anywhere in the country (at
ZERO cost for the card and for the delivery)
5. Activate your new card and set your card PIN
(or change an existing PIN) in-app. No branch or ATM visits necessary.
6. Control what channels (ATM, POS or Web) your
card gets used on and also what country your card gets used in.
7. Schedule frequent transfers (e.g salaries or
mumsi’s stipend) and bills (e.g DSTV subscription) and forget about them.
ALAT’s got you.
8. Create savings goals and earn 10% p.a. in
interest on each goal, irrespective of the goal amount. Set your target, choose
your saving frequency and ALAT handles the rest…and makes you some good money
in the process.
9. The good news is, it works with all Nigerian Bank cards.

Where Can I Download it?
For Android users here
iPhone users here
Web users here
Download it, try it and lets know your
experience about the first ever 100% digital banking in Nigeria.
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20 thoughts on “Everything You Should Know About Nigeria First Digital Banking Called ALAT… 100% Digital!”

  1. Now, I can see Nigeria is growing gradually, despite the recession. This is a very good development for us Nigerians in general. Looking forward to seeing more of such from other banks.

  2. Pls. Prof. Yomi, how can I uesd my GTB master card to place an order that exceed $100? I tried to do that but they are telling me the amount exceed the approval limit? Pls. Help I want to Oder moocis 10.1 inches on aliexpress. Thanks.

  3. Prof, i have been sending message to you that i have issue buying stuff online but you have not reply me, i tried barter i get deducted but the order was cancelled and i dont wanna miss may 16 for the UMI is there any way u can help me or anybody else that can should message [email protected]


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