Revolutionizing Festive Period Transactions with Pay4Me App
If there is something you don’t want to experience during a festive period, it’s getting financially stuck even when you have enough funds for the season. Amarachi Eke had planned her last holidays but needed to send money to her sons in the universities to come home. What started as a bank app issue left her running to the bank for help. When she finally sent the money, her kids didn't receive it on a Friday evening.
She spent the weekend alone, filled with anger and frustration. You don't want to find yourself in a similar situation. Whether it’s a failed POS transaction or a bank that would keep you in limbo till a working day, you can prepare for a festive season with seamless payment features.
In today's digital age, the festive period brings a surge in economic activities and increased activities that require financial transactions. No matter how armed you have prepared yourself with funds or spending, cashless transactions can be your best weapon.
In countries like Nigeria, many consumers have shifted to a cashless model that helps them move without cards or money. However, this arsenal can fail if you don't fully use other seamless payment features.
Pay4Me has revolutionized the festive experience for everyone who doesn’t want to experience losing money due to human mistakes or network issues.
What are seamless payments?
Seamless payments refer to cashless transactions that involve minimal effort from the sender. Some of these payments include digital wallets, mobile payments, peer-to-peer contactless payments, QR code payments (scan to pay), and more. Seamless transactions offer consumers secure and convenient transactions.
Limitations of the Traditional Payment Model
The cashless model has not crumbled the traditional payment methods. Some people don’t feel comfortable using apps for their transactions. In addition, you may often use the traditional payment model for certain payments. The time consumption and long queues can leave you in a sour state at the bank.
During the festive periods, here are some of the challenges of using cash for payments:
Vulnerable to damage
While carrying cash might save you the stress of making some quick transactions, it can also get damaged from water, drink spills, or tears. Since you may not have control over these issues, it might not be the best option for you.
The crime rate increases during the festive period and flourishes because people are desperate to complete transactions, don't have time to put security tips in place, and are often in crowded places. Pickpockets and armed thieves have their field days during these people. Therefore, carrying cash should be the last option for you if you can't use a cashless model.
People suffer more from fraudulent transactions during the festive period. In most incidents, it is often impossible for victims to trace their funds. Meanwhile, with a cashless model, you can easily find where your money has dropped.
A Glimpse into Pay4Me Seamless Transactions
Imagine sending money to your parents without using a bank app or POS machine. Pay4Me has made it easier for users to make payments with its P2P payment option and Scan to Pay feature.
It begins with downloading the app and a simple registration with ID verification. Once registered, you are ready to make your seamless transactions to another Pay4Me user.
What Are Peer-to-Peer Payments?
Peer-to-peer payment involves two parties with separate bank accounts. Pay4Me has made it easier for you to send money to your loved ones without using a bank account.
With Pay4Me App, you can invite friends or loved ones who are not using the app and still earn a referral bonus. If the person has the app, you can send money at any time of the day. Today, many consumers use P2P services because they are fast and safe.
How P2P payments work
When you have Pay4Me app, you need to connect a personal bank account to the service. However, you have the option of funding your wallet without making use of your money in a bank.
You can directly transfer money from your linked accounts to another Pay4Me user's account. When the receiver gets the fund, they can leave it on the app or transfer it to their linked bank accounts.
How Safe and Secure are P2P Payments?
Pay4Me Peer-to-peer payments are considered safe and secure for your financial transactions. In addition, the platform ensures scammers and stealing sensitive information don't happen. The app uses two-factor authentication, data encryption, fraud detection and prevention.
When signing up on the app, you must provide your name, email address, phone number, and financial information, like your bank account or cardholder data. Pay4Me encrypts and stores information on secure servers to ensure your information is safe.
With the Pay4Me App, every festive period becomes more fun with seamless transactions to improve your payment experience.