Kuda

#e-Wallet

Kuda is a financial technology company that offers a mobile app for online banking services. Their platform allows users to perform transactions, manage their money, and access various financial […]

Certified payment providers N/A
    Market coverage 1
    • Nigeria
    Currencies 1
    • Nigeria Naira
    Description

    Kuda is a financial technology company that offers a mobile app for online banking services. Their platform allows users to perform transactions, manage their money, and access various financial services from their mobile phones.

    Regarding payment methods, Kuda provides several options for conducting transactions. Here are some of the payment features offered by Kuda:

    – Transfers and Payments: Kuda users can make instant money transfers to other Kuda users or to third-party bank accounts. They can also make bill payments, such as electricity, water, and telecommunications bills, directly from the app.
    – Card Payments: Kuda provides a virtual debit card that enables users to make online payments on websites and applications. Users can also order a physical debit card to make in-person payments at merchants accepting cards.
    – Cash Withdrawals: Users can withdraw cash from Automated Teller Machines (ATMs) using their Kuda debit card.
    – QR Code Payments: Kuda supports QR code payments, allowing users to scan QR codes for quick and secure payments at participating merchants.
    – International Transfers: Kuda also offers the option to make international money transfers, enabling users to send money abroad from their Kuda account.

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    Frequently Asked Questions

    What are the best practices for managing cross-border payments?2023-04-18T18:56:57+02:00

    NORBr is a payment orchestrator that connects you to all cross-border payment services providers that can help you manage your cross-border payments efficiently and securely, while also ensuring compliance with relevant regulations. NORBr offers advanced features like fraud detection, currency conversion, and real-time tracking and reporting, which can help you optimize your payment processing for cost efficiency and speed.

    What are the risks associated with cross-border payments?2023-04-18T18:57:21+02:00

    Cross-border payments can be associated with several risks for you, including currency fluctuation risk, regulatory risk, and fraud risk. Currency fluctuation risk refers to the potential impact of exchange rate fluctuations on the value of your payments. Regulatory risk relates to the complexity of complying with different regulations in different countries. Fraud risk refers to the potential for fraudulent activity, which can be more difficult to detect and prevent in cross-border transactions.

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