Home Finance Eyowo Review: How To Make Money On Eyowo

Eyowo Review: How To Make Money On Eyowo

Ever wished to just plant a money tree and watch it grow? What a surprise, huh? You can do it with Eyowo! A platform for digital financial services that makes it simple to make money in a number of ways.

In this Eyowo review, we will explore how you can make money on this platform and take advantage of the opportunities it provides.

What is Eyowo?

Eyowo is a digital financial platform that allows users to send, receive, and manage money conveniently. It offers different services, including mobile banking, bill payments, airtime purchase, and fund transfers. Eyowo operates through a mobile app that is available for both Android and iOS devices. The platform aims to provide a seamless banking experience to its users, making financial transactions quick, secure, and accessible.

How To Make Money On Eyowo

Signing Up and Getting Started

To start making money on Eyowo, you need to create an account on the platform. Download the Eyowo mobile app from the Google Play Store or Apple App Store and follow the registration process. You will be required to provide your personal information and create a secure password.

 

Once your account is set up, you can link your bank account to Eyowo. This allows you to easily transfer funds between your bank and Eyowo account. Additionally, you can set up a virtual card within the app for online payments and make cash withdrawals at supported ATMs. Once you’ve done this, we can now start making money or earning from it. The methods I have tested includes; 

1 Peer-to-Peer Transactions

One of the primary ways to make money on Eyowo is by conducting peer-to-peer transactions. Eyowo enables you to send and receive money from other Eyowo users with just a few taps on your smartphone. You can leverage this feature to receive payments from clients, friends, or family members, and also make payments for goods or services. Eyowo charges a minimal fee for each transaction, making it an affordable option for individuals and small businesses.

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2 Business Transactions

Eyowo offers business accounts for entrepreneurs and small business owners. With a business account, you can receive payments from customers and clients directly into your Eyowo account. This eliminates the need for cash handling and provides a secure and convenient way to manage your business finances. Eyowo also provides features such as transaction history, invoice generation, and customer management to streamline your business operations.

3. Referral Program

Eyowo has a referral program that allows you to earn money by inviting friends and family to join the platform. When someone signs up using your referral code or link, both you and the person you referred receive a bonus. The referral bonus is credited to your Eyowo account and can be used for various transactions or cashed out to your bank account.

4.Bill Payments and Airtime Purchase

Eyowo makes it easy to pay bills and purchase airtime for your mobile phone. By using the Eyowo app, you can conveniently settle utility bills, such as electricity, water, cable TV, and internet bills. Additionally, you can purchase airtime for yourself or others directly from your Eyowo account. Each time you make a bill payment or airtime purchase, Eyowo rewards you with points that can be redeemed for cash or discounts on future transactions.

5 Merchant Payments

Eyowo enables businesses to accept payments from customers seamlessly. If you own a business, you can sign up as a merchant on Eyowo and start accepting payments using the Eyowo merchant QR code. This feature eliminates the need for traditional POS machines and allows you to reach a wider customer base. By accepting Eyowo payments, you can increase your revenue and expand your business opportunities.

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6 Investments and Savings

Eyowo offers investment and savings options for individuals looking to grow their wealth. Through Eyowo’s partner investment platforms, you can invest in mutual funds, stocks, and other financial instruments. 

Moreover, Eyowo provides a savings feature that allows you to set aside money for future goals, such as emergencies or planned expenses. By taking advantage of these investment and savings opportunities, you can potentially earn returns and build wealth over time.

In Conclusion

Thanks for reading to this juncture. Eyowo is more than just a payment app. It’s a money tree that can help you grow your wealth. Get into action by getting started today. 

FAQ

Can I borrow money from eyowo?

No, you cannot borrow money from Eyowo. Eyowo is a mobile money platform that allows you to send, receive, and store money. It does not offer personal loans.

What is the interest rate in eyowo?

Eyowo offers two different interest rates for its savings. They include;

Eyowo Safe: This is a flexible savings product that allows you to withdraw your money at any time. The interest rate for Eyowo Safe is up to 13% per annum.

Eyowo Vault: This is a fixed savings product that locks your money for a period of 12 months. The interest rate for Eyowo Vault is 18% per annum.

What is the code for Eyowo?

The code for Eyowo is *4255#. You can use this code to register for an Eyowo account, transfer money, buy airtime and data, and pay bills. You can also use the code to access Eyowo’s customer support.

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