BankBox, Nigeria’s pioneering portable payment device, achieved an astonishing 1,734% growth in usage in 2024, reshaping the nation’s payment system.
This cutting-edge solution has transformed how businesses handle transactions by offering a cost-effective, efficient, and innovative payment tool. Designed specifically for Small and Medium Enterprises (SMEs), Other Financial Institutions (OFIs), and service providers, BankBox seamlessly integrates portability with advanced technology to enhance the transaction experience.
Elevating Payment Convenience with Contactless Technology
BankBox streamlines contactless payment processing, requiring only a simple card tap to complete transactions. In compliance with Central Bank of Nigeria (CBN) regulations, payments below NGN15,000 are processed without PIN input, making daily transactions quick and hassle-free.
From local markets to restaurants, BankBox ensures customers enjoy swift and secure payments without delays. Its compatibility with major bank cards and fintech platforms provides businesses with a robust and versatile payment solution.
Supporting Major Banks and Fintech Platforms
BankBox supports cards from leading commercial banks and fintech providers, including:
- Access Bank
- GTBank
- UBA
- Zenith Bank
- First Bank
- Wema Bank
- Providus Bank
- Stanbic IBTC
- KUDA
- PalmPay
- Opay
- Raven
By enabling low-value, high-frequency payments without PIN verification, BankBox caters to Nigeria’s everyday spending needs, solidifying its role in driving the country towards a cashless economy.
Transforming Payments Across Sectors
The portable design of BankBox is a game-changer for businesses across industries, including petty traders, logistics companies, ride-hailing services, and large-scale enterprises like supermarket chains. Businesses of all sizes can now provide unparalleled convenience and secure payment options using BankBox.
User Testimonials
BankBox has redefined payment processes for countless Nigerians, showcasing its parent company Raven’s dedication to accessibility and financial inclusion. Beyond being just a device, BankBox represents a vision of innovative, user-friendly financial solutions.
Experience the ease of secure, contactless payments today—BankBox is setting the standard for the future of transactions in Nigeria.
