How to Become An eNaira Merchant and Make Money Online and Offline

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Do you want to become an eNaira Merchant in Nigeria and Start making Money online and offline? If yes, please carefully read through because this post is for you.

 

The eNaira is a digital currency initiated by the Central Bank of Nigeria and approved by the Federal Government to help improve the monetary value.

The currency will be using a medium of exchange and will be generally acceptable in the world.

Becoming an eNaira Merchant will pave the way to creating a passive income while you focus on your career.

How to Become An eNaira Merchant and Make Money Online and Offline
How to Become An eNaira Merchant and Make Money Online and Offline

Note, the eNaira will only be allowed to be distributed by the Central Bank of Nigeria, commercial banks, and eNaira merchants.

This will be an opportunity for those who are unemployed and want to create a business for themselves.

Just like the Point of Sale (POS) business we have all over the country today, that the mode of operation, the eNaira merchant will carry out transactions but in a digital format.

Becoming an eNaira Merchant is the first step toward establishing an additional income. It is a digital currency created by Nigeria’s Central Bank and approved by the Federal Government to aid in the growth of the country’s monetary value. The currency will serve as a medium of exchange and will be widely accepted worldwide. In this post, we will walk you through the steps required to become an eNaira Merchant and start earning money.

eNaira Merchant will pave the way to creating a passive income while you focus on your career – The eNaira is a digital currency initiated by the Central Bank of Nigeria and approved by the Federal Government to help improve the monetary value, the currency will be using a medium of exchange and will be generally acceptable in the world.

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The eNaira will only be allowed to be distributed by the Central Bank of Nigeria, commercial banks, and eNaira merchants. To know how to get eNaira, eWallet and Appclick here.

This will be an opportunity for those who are unemployed and want to create a business for themselves. Just the Point of Sale (POS) business we have today, that the mode of operation, the eNaira merchant will carry out transactions but in a digital format.

We have also written down an in-depth article about the eNaira Official website and what to expect, we encourage you to read the article to understand how the eNaira works and things you should take note of when it is finally launched.

RECOMMENDED: eNaira: Easy steps to use the Nigerian Digital Currency

How To Become An ENaira Merchant In Nigeria

To become an eNaira merchant, you have to go to your bank and talk to the customer care service and request the eNaira merchant application form which will attract zero charges.

The form will be provided and you are expected to provide all the necessary information to qualify you to become a fully approved eNaira Merchant.

Who Is An ENaira Merchant?

A Merchant is a person to whom some or all aspects of the postal outlet have been delegated
by a higher merchant, e.g. the Commercial Bank.

ENaira Application And Approval Requirement

Any financial institution that wishes to engage in eNaira merchant shall submit an application for approval to the CBN. The application shall clearly state the extent of the merchant activities and responsibilities of the relevant parties.

The application shall be submitted to the Office of the Director, Banking & Payments System
Department, CBN, Abuja.

All applicants shall supply information to the CBN as may be required from time to time.

Information required by the CBN to become a licensed eNaira Merchant shall include:

  1. Name of the applicant
  2. Postal Address/email
  3. Business Address
  4. Telephone number
  5. Company Registration Number/certificate
  6. Bank Verification Number
  7. Know Your Customer (KYC) information

Activities To Be Carried Out By The ENaira Merchant

  1. eNaira deposit and transfer
  2. Bills payment (utilities, taxes, tenement rates, subscription, etc.).
  3. Payment of salaries.
  4. Balance inquiry.
  5. Generation and issuance of the mini statement.
  6. Agent mobile payments/banking services
  7. Repayment of loans.
  8. Collection of bank mail/correspondence for customers.
  9. Any other activity as the CBN may from time to time prescribe.
See also  See How to Register | Sign up | Login to Fund your eNaira Wallet account – eNaira Wallet

 

What You Should Know About The Digital Currency

In August, the Central Bank of Nigeria (CBN) announced that Bitt Inc., an international fintech firm, has been appointed as the Technical Partner for its digital currency, dubbed eNaira, which would be presented later this year.

Bitt Inc is a financial technology business that uses blockchain and distributed ledger technology to enable safe peer-to-peer transactions with seamless mobile money across Bitt’s software and mobile apps.

The Central Bank of Nigeria has stated that the e-naira which will be launched on October 1, is a legal tender equal to the naira and must be accepted as a form of payment by all merchants and business establishments

If you need us to help you with more updated information about eNaira Merchant, kindly feel free to ask any question in the comment box below. You can also provide us your phone number or email Address for more updates.

 

Important Notes

The above statements are intended to describe the general nature and level of work to be performed by people assigned to this job.

They are not to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.

All personnel may be required to perform other responsibilities in addition to those specified from time to time, as needed.

We do not charge any application, processing, training, interviewing, testing or other fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it.

Furthermore, please note that emblems, logos, names and addresses are easily copied and reproduced. Therefore, you are advised to apply particular care when submitting personal information on the web.

We are an equal opportunity employer and value diversity inclusion. We do not discriminate on grounds of colour, race, nationality, religion, age, ethnic origin, disability, gender, marital status, or sexual orientation in our employment practices

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We encourage all applicants to apply and does not practice any discrimination in any recruitment process.

Applications submitted after the deadline will not be considered.

Due to the urgency of the position, we have the right to recruit a candidate who matches the required profile before the above deadline

Only qualified candidates will be invited for interview

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