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Online Banks or Commercial banks: which ones favour businesses more?
Posted: December 4th, 2023, 9:53 am
by YoungA
Online Banks or microfinance banks such as the popular Opay, Monie Point, Palmpay, Raven Bank and the rest are banks where about 70% of their banking activities or services are operated online. Whereas, commercial banks like Ecobank, UBA, Polaris Bank, First Bank, Access Bank, and so on run their operations mostly offline and onsite.
I wish to know which one is more beneficial for people to run their businesses with?
Online Banks and Commercial banks, which one is more favourable for business enterprises?
Posted: December 4th, 2023, 10:35 am
by Jared
If you're MSME you will enjoy those neobanks like Prospa, Moniepoint, Kuda business and Opay.
Good support and modern experience.
I'm not affiliated to any of them.
Online Banks and Commercial banks, which one is more favourable for business enterprises?
Posted: December 5th, 2023, 6:10 pm
by Ernest
Online
Online Banks and Commercial banks, which one is more favourable for business enterprises?
Posted: January 1st, 2024, 12:35 pm
by Ernest
Online bank because of unnecessary charges
Online Banks and Commercial banks, which one is more favourable for business enterprises?
Posted: January 1st, 2024, 8:22 pm
by YoungA
Ernest wrote: ↑January 1st, 2024, 12:35 pm
Online bank because of unnecessary charges
I also see that too
Online Banks or Commercial banks: which ones favour businesses more?
Posted: February 24th, 2024, 3:58 am
by Spiri
Online banks are unreliable unsafe. Just that commercial banks are unreliable but safer.