Virtual Bank Apps In Nigeria: An Experience Of Gamification

@jfang003: For some reason, I was thinking of Yotta bank. They gamified the experience because it doesn't really give you that much interest. In a way, they want people to come back daily to try out the lottery. If you win the lottery, which is kind of likely, I think the interest rate evens out to be around the same as an online bank. I never used it but I do remember seeing some ads for it.

@dwayne16: I am a virtual bank lover and they have made life easy for me for a year, I don't even remember the last time I complained because their services are top notch and have so many benefits also.

@jhymi: Opay is really the answer to the prayers of a lot of people. The banks show no mercy in this petty, mundane withdrawals. Like it borders on exploitation at this point. Everyone now needs an avenue where they can do their transactions without the threat of exorbitant charges looming on their heads.

@iskawrites: Disclaimer: My friends do not trust Virtual banks enough to put a huge sum of money there. I have been using virtual banks even before they became mainstream. I learned about them in one of the financial books I read in late 2020. A lot of people use OPay. But I love Palmpay. They have Gamification too and I enjoy using them. Sometimes when I remember i can get credits for a discount, I do not hesitate to go there and buy from them. Earning those rewards are mouthwatering since I can use it. The best part of these Virtual banks is the ability to get refunds if you mistakenly recharged more than you wanted. Referrals are cool. And you are right,user retention is possible because it's a win win situation.

@mosesessien: You are making point, like me I was using zenith bank and every week the are changing me 100 naira for transfer navy and 50 naira for card maintenance and many other and to tell you the truth i feel so discouraged and now I am making use of opay and all transfer are free and the even give me interest for saving my money with them. So indeed those banks have already loose their customers. I love this video thanks for sharing

@takhar: The experience becomes more rewarding when virtual banks introduce gamification on their platforms. Traditional banks will continue to be left behind since they've grown almost stagnant when it comes to development. I enjoy the flexible of being able to transact both online and offline and get rewarded for it :)

@elentiyaroberts: There transactions are mostly seamless and they really helped during the period of Naira scarcity when regular bank cards where declining and transactions where delayed.