Recently, the banking sector has experienced a revolution, and with each passing day, a new idea comes into play. However, it is amazing to note that there is more — the boundaries of banking are expanding, offering consumers exceptional access and control over their finances like never before.

Parkway leads the way in innovation, reshaping banking with its advanced products. We offer seamless digital banking solutions, from Parkway Wallet to ReadyCash to the Central Billing System and Bank3D. These tools empower customers to manage their finances effortlessly, breaking free from traditional banking constraints and ushering in a new era of financial control and convenience.

Here is more reading on these groundbreaking products and how you can take advantage of them.

1. Parkway Wallet App

With Parkway Wallet, you can conveniently manage your money, pay your bills, and facilitate seamless transactions.

What you need to know:

Parkway Wallet is straightforward to use and should be your best bet if you are looking to run away from consistent transaction glitches. Here are features of the app thoughtfully created for you:

Send & Receive Money: Parkway Wallet makes sending and receiving funds to other individuals or businesses accessible. You can always track all transactions through the available transaction history.

Pay Invoice: You can complete your payment for state revenue-generated invoices on the Parkway Wallet. It provides a seamless way to pay your bills from the comfort of your phone.

Naira Virtual Card: You don’t need a dollar card if you have a Parkway Wallet Naira virtual card, as it allows you to quickly pay or renew international subscriptions such as Netflix, Spotify, Prime Video, TikTok, Google, and more in NAIRA without paying extra charges.

Bill Payment: The Parkway Wallet App helps you settle bills like electricity bill purchases, cable TV payments, sports bet account top-ups, airtime recharges, and education bills directly from your account.

Here’s the catch: users can send money to any bank or a Parkway Wallet for free on each transfer made with a Parkway Wallet, regardless of their balance.

When it comes to your finances, Parkway Wallet is all Hit and no Miss.

2. ReadyCash APP

As an inclusive financial product, ReadyCash addresses the needs of individuals lacking access to basic financial and banking services through an agent network equipped with POS machines and adequate resources.

With ReadyCash, customers can enjoy agency banking services like:

Cash In

Deposit cash to any account you choose through any ReadyCash agent closer to you on weekdays and weekends.

Cash Out:

No ATM close by? Locate a ReadyCash agent in your area to handle all your cash withdrawals, saving you from multiple bank trips or long queues.

Pay Bills:

You can renew your subscriptions, pay exam fees, buy Jamb and WAEC e-pins, and sort out your utility bills and other expenses with a ReadyCash agent around you. The process is always fast, easy, and sure of a service uptown.

While offering accessible financial services to individuals, ReadyCash also provides a source of income for its agents through its value-added services like:

BVN Registration:

ReadyCash agents can register customers for Bank Verification Number (BVN) in line with the banking regulations.

Collection

As a ReadyCash agent, you can access revenue collections from different service providers, such as hospitals and parastatals, enabling a seamless payment process for their customers.

With ReadyCash, cash circulation is seamless and efficient while providing financial inclusion to various communities.

3. Central Billing System (CBS)

CBS is an easy-to-use product that simplifies billing for various organisations, businesses, and institutions. It is a perfect option for organisations looking to automate their payment collections, as this solution saves them from manual work and improves efficiency. With CBS, you can easily manage payments across various collections, including State revenue and Federal MDAs, ensuring accuracy and consistency in your financial operations. With CBS, you can carry out E-invoicing and settlement as explained below.

E-invoicing

This feature of the Central Billing System allows individuals to generate and process payments for revenue through unique invoices. This quick and secure payment collection process ensures all funds and payments are handled smoothly.

Settlement

This is the process of reconciling and distributing payments. It ensures that funds are accurately allocated to appropriate accounts. CBS offers a way to automate settlement for business owners looking to partner, giving them real-time visibility into their revenue flow.

FAQs

1. How do I gain access to each of these tools?

• You can download Parkway Wallet and ReadyCash on the Play Store or Apple Store, sign up, and you’re ready.
• Only agents have access to the ReadyCash app. You must meet with an agent to perform transactions if you are a customer.

2. How can I become a ReadyCash Agent?

To become an agent, you need a smartphone to register via the ReadyCash Agent Web App.

3. What documents do I need for my ReadyCash Agent Registration?

• You will need a means of identification ((Driver’s license, International Passport, or National ID).
• A proof of your residential address.
• Any utility bill (Water or Electricity).
• A portrait photo.

4. What are the requirements for opening a Parkway Wallet account?

A Parkway Wallet account is the easiest to create. You only need your valid NIN, BVN, active email, and phone number to open an account.

5. Is there a limit to how much money I can transact through Parkway Wallet?

This will depend on your tier (Tier 1, 2, or 3). Higher-tier users will have increased transaction limits compared to lower-tier users. However, the highest daily transaction limit on Parkway Wallet is NGN5,000,000.00.

6. How to pay for International Subscriptions in Naira

With the Parkway Wallet Naira Virtual card, you can pay for international subscriptions like Netflix, Spotify, Audiomack, Udemy, LinkedIn, etc.

In conclusion, Parkway has people’s interests at heart and continuously shows its commitment by providing innovative products to suit various preferences and requirements. Join us by enjoying any or all of these products, as we plan to meet your needs consistently.

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