eNaira Speed Wallet App Gains Traction, Records Over 360,000 Downloads

RECENTLY unveiled Central Bank Digital Currency also known as eNaira has gained massive traction few days after.

The eNaira application has two versions namely: eNaira speed wallet for individuals and eNaira speed merchant wallet for business

Both versions of the app were rolled out on Google Play and Apple Store for Android and iPhone users, respectively.

The eNaira speed wallet for individuals has recorded 367,000 downloads while the eNaira speed merchant wallet for businesses stands at 58,600 downloads.

Report showed that users of the eNaira speed wallet for iPhone increased from 75 countries penetration on October 28 to 81 countries in 10 days.

For Android users, country penetration moved from 148 countries as of October 28 to 163 countries at the end of October.

The merchant’s wallets for iPhone users saw country penetration from 51 countries on October 28 to 67 countries as of October 31 2021. For Android users, country penetration moved from 177 countries to 186 countries as of October 31, 2021.

The apps are currently on a scale of 3 out of 5 on the Play Store ratings.

Ratings are calculated based on the app’s current quality ratings from users’ reviews, rather than the lifetime-average value of user reviews unless the app has very few ratings. This shows that the user’s experience has improved.

The eNaira speed wallet was earlier removed for optimisation after users experienced difficulties registering on the app.