• Wed. Jun 22nd, 2022

Top 5 Mobile Banking Apps in Nigeria [Features] – TechEconomy.ng

ByCindy J. Daddario

May 30, 2022

The financial sector in Nigeria has evolved. Banks continue to deploy different services leveraging technology. They create mobile-friendly banking apps that make banking transactions easier.

All Top 5 Mobile Banking Apps in Nigeria compiled by TechEconomy offer aesthetic user interface and easy access. Having one of these top 5 mobile banking apps means having your bank in your pocket. You can transact from anywhere.

These 5 best mobile banking apps in Nigeria do more than just make banking transactions easier and simpler. They also ensure that the user experience is top-notch.

1. First Mobile

2. Zenith Bank app

3. GTWORLD Mobile App

4. IBTC Stanbic APP

5. Onebank by Sterling Bank

1. First Mobile

FirstMobile is the official mobile banking application for those who bank with FirstBank Nigeria. Just like a typical modern mobile bank in Nigeria, just download it from Google Play Store or Apple Store and start banking.

It was released in 2015 and has had over 5 million downloads. At the time of filing this report, the latest version of FirstMobile App is 2.7.0, with additional features.

FirstMobile Banking App Features

Beautiful UI/UX Interface and Improved Dashboard – The FirstMobile app has an improved user interface that is intuitive, beautiful and interactive. Any top mobile banking app in Nigeria should have a better interface and experience.

FirstMobile App already has a good user interface, which also correlates with providing a more personalized and customizable experience dashboard.

The mobile banking app has feature lists that display the spending habits of the mobile banking user.

The dashboard is customized for transfers, bill payments and airtime transactions by uploading images.

Previous Transactions: This feature intelligently aggregates the most frequent transactions (transfers, airtime purchases, bill payments) that a user performs based on historical data and presents them to the user in a user-friendly manner.

Recharge from contact: Not all mobile banking apps in Nigeria have this feature. At least the GTWorld app at the time of writing this article does not have such a feature.

Biometrics: Any mobile bank in Nigeria should have fingerprint biometrics. Authentication automatically compares a user’s fingerprint to a stored fingerprint template to verify a user’s identity.

On the FirstMobile banking app, only Android users can use their fingerprints to make transactions.

Since eNaira is integrated into the mobile app, users can make transfers to and from the eNaira wallet.

It is important to note that FirstMobile is only usable by account holders who have Naira MasterCard and Verve cards.

2. Stanbic IBTC Mobile App

Any user can download the mobile banking application from the Google Play Store for Android, the iOS App Store for Apple devices and the Windows Store for Windows mobile phones.

Anyone can download the mobile app but will open an instant account or @ease wallet with the mobile app in minutes.

The Stanbic IBTC was launched in 2016 and has had over a million downloads to date. The latest updated version of mobile banking app when this report was filed in Stanbic IBTC Mobile App – #APPyness 2.0.

Stanbic IBTC Mobile Banking App Features

Accessibility – A striking feature of the Stanbic IBTC Mobile Banking App is that you do not have to be a Stanbic IBTC customer to access and experience it.

Inter-Multiple Transactions – This mobile application provides users with the ability to transact across a range of financial services.

Money transfers are both local and international.

Check account balance and top up airtime on all networks.

Buy data on all network bill payments (including pay TV and electricity).

Manage all your accounts (including pension funds and mutual funds) and customer service.

Transaction notifications manage bank cards and payees.

Monitor RSA Balance

Quick access to fund prices and newsletter.

Email your account statement.

3. A bank

It ranks among the top five mobile banking apps in Nigeria, Onebank; an application owned by Sterling Bank PLC. The app takes the lead as it is downloaded well on platforms such as Google Play and Apple’s App Store and from the customer’s point of view it is truly a “digitized bank”.

With OneBank, a customer can do it all without walking into a branch. Any user can self-board. It will also require users to enter their BVN, upload documents, and start transacting.

Onebank mobile app is highly rated on Google Play Store and Apple Store. The app has no security issues.

One Bank Mobile Banking App Features

Self-integration: Stay in control and bet on your terms. Download, create an account and trade anywhere in the world from the comfort of your mobile phone.

Its functionalities are easy to access and it is user-friendly.

Loans: opportunities can sometimes be time-limited; that’s why OneBank offers fast loans up to ₦5 million in 5 minutes.

When you use the app, you get a dynamic news feed, scrolling forex, and so many other features to look forward to.

Pay for airfare, cable and internet subscriptions, and buy airtime seamlessly and conveniently.

Forex Transfers: You are unlimited and so are your funds. Transfer funds from your wallet or account to anywhere in the world in seconds on OneBank.

Investments: Stay ahead of the market and enjoy up to 100% returns on your Naira and Dollar investments through Double on OneBank

4. Zenith Mobile Banking App

With Zenith Bank’s mobile banking app, banking just got easier. The app is among our top five mobile banking apps in Nigeria. It is one of the most downloaded apps on platforms like Google PStorelay, Apple App Store and Microsoft Store. It has over 5 million downloads on the Google Play Store.

Features of the Zenith Mobile Banking app

Livechat 24/7 with our contact center ZenithDirect.

Log POS, Web or ATM dispensing errors.

Generate, share and save transaction receipts.

View bill payment history.

View details of transfer recipients.

View mini transaction statements.

View all your accounts on your phone: Current, Savings, Domiciliary, Term Deposit, etc.

The app is locked to the device, preventing unauthorized use.

Validates NUBAN account numbers for error-free transfers.

Protected by two-factor authentication: password and mobile PIN.

Pay your bills directly from your bank account.

5.GT World

The GTWorld mobile banking app has made dealing with the bank as easy as ever. Imagine being able to buy airtime, transfer airtime, money, etc.

GTWorld is a mobile banking application designed to easily and seamlessly respond to everything important to customers.

GTWorld is well rated on Google Play and Apple Store. About a million people have downloaded it.

GTWorld Mobile Banking App Features

Biometrics: Includes biometric authentication, such as facial recognition and fingerprints, which recognizes a customer and adapts to how and when they want to bank.

Seamless transition to GAPS-Lite.

Flexible and secure channel to make payments and collections anywhere in the world.