The Official launch took place at the State House in Abuja.
The eNaira which was originally scheduled for launch on 1st of October but was delayed in deference to the 61st anniversary of Nigerian independence was designed to complement Nigeria’s physical currency, and not replace it.
The CBN had earlier stated that the eNaira wallet offers a great way of making purchases with retailers on-site, transferring or sending money while tracking rewards programs.
adding that the e-wallet can be linked to their bank account or pay as you go with a prepay option, and also a promise of an embedded security token system that makes information unreadable to fraudsters as tokens are randomly generated every time payment is being made.
The application softwares for using the CBDC is eNaira speed wallet and eNaira merchant wallet both of which are available for download from the Google and Apple app stores.
Content created and supplied by: Wolecrown (via Opera News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform See More