Chipper Cash is one of the popular financial technology applications used for banking. Chipper Cash service includes sending and receiving money, online payments with the Virtual Chipper Cash card, and other banking functions.
Chipper Cash is relatively new to Nigerians compared to other banking apps like Kuda and Opay. To use the Chipper Cash mobile application, you need to download the mobile application from the Google Play store and create an account.
After creating an account, you will be required to verify your account details by submitting your National Identity Card and Bank Verification Number (BVN). The submission of the BVN is what raises the concern of all the new users. Most of the new users are afraid to submit their BVN for verification because of the fear of fraud and other scam activities.
If you are new user of Chipper Cash, you will definitely want to know if you can trust the app with your BVN. In this blog post, we are going to alleviate your fears of submitting your BVN for verification on Chipper Cash.
Can I Trust Chipper Cash With My BVN?
Yes, you can trust your BVN with Chipper Cash. Chipper Cash is a verified and registered fintech application by the Central Bank of Nigeria(CBN). The application uses a strong security network that prevents the sharing of your bank information with a third party.
With the top-notch security of Chipper Cash, you can trust your BVN with Chipper Cash without any fear.
Can I use Chipper Cash Without Providing My BVN?
No, you cannot use Chipper cash without providing your BVN. According to the CBN policy, before you use any app for financial transactions, there is a need to verify your identity with a BVN number. If you don’t provide your BVN number for verification, you won’t be allowed to use the app for any financial transaction.
How Long Does It Take Chipper Cash to Verify BVN?
It takes Chipper Cash 2 business days to verify your BVN once you submit your BVN for verification. Sometimes, the verification can be done very swiftly without taking much longer time.
The reason why it takes two business days to verify your BVN after submission is that Chipper Cash will have to verify the details you provide when creating your account and see if it match your profile on BVN. Once the details match, your account will be verified immediately and your account will be ready for use. However, if your details do not rhyme, your BVN will be rejected and you won’t be able to use Chipper Cash services.
If you are sure that your BVN and details are correct but it is still rejected by Chipper Cash, kindly reach out to Chipper Cash Customer Care for how to seek out the issue.
Conclusion
Chipper Cash is a mobile application that facilitates cross-border money transfers and allows users to send and receive money across different African countries. Before you can use Chipper Cash features you need to verify your account with your BVN. The BVN will be used to verify your bank details and it is completely safe because all your data are securely stored on Chipper.
