You have heard of Chipper Cash, and you would like to know if the app is legit or not.
Well, before I try to answer the question “is Chippercash legit?”, here are things you need to know about Chipper Cash.
Chipper Cash is an app that lets you send and receive money from your phone to anyone in Nigeria and some other Africa countries or the US, quickly and easily. It’s free to use, and there are no hidden fees.
The app was founded by Ham Serunjogi from Uganda and Maijid Moujaled from Ghana in 2018, and it has grown to become one of the most popular money transfer apps in Africa. It has over 5 million users.
The company is based in San Francisco, USA and claim to have offices all over the world.
Here are some of the things you can do with Chipper Cash app:
- Send money to friends and family in Africa or the US
- Receive money from friends and family in Africa or the US
- Pay bills
- Buy airtime and data
- Shop online
- Invest in stocks
If you’re looking for a fast, easy, and free way to send and receive money, Chipper Cash is a great option.
Now, I will try to answer the question, “Is Chipper Cash Legit?”
Is Chipper Cash Legit?
Yes, Chipper Cash is a legitimate company. It is a mobile money transfer and payments app that is available in Nigeria, Ghana, Uganda, Tanzania, Rwanda, Kenya, South Africa, and the United States. The company has been in operation since 2018 and has raised over $300 million in funding.
The app has over 5 million users accross seven African countries and was named one of Forbes Fintech 50 for 2022.
Chipper Cash is approved by the Central Bank of Nigeria (CBN). This makes the company a legal financial company in Nigeria, though I couldn’t find it office location in Nigeria. The company has a good reputation and has been praised for its innovative approach to financial services.
Regarding security, the company claim to protect your transactions and personal data through encryption, providing a secure platform for sending and receiving international transfers.
However, it is important to note that no financial product or service is completely risk-free. Bad events like fraud and hacking are common with most financial products.
Just to throw more light, here are some of the risks associated with using Chipper Cash:
- Fraud: There is always a risk of fraud when using any financial product or service. Chipper Cash has a good track record of security, but it is important to be aware of the risks.
- Hacking: There is a risk that one day, Chipper Cash’s systems could be hacked. If this happens, your money could be stolen.
- Technical problems: Also, there is a risk that Chipper Cash’s systems could experience technical problems. This could prevent you from accessing your money or making payments.
If you are considering using Chipper Cash, here are some things to keep in mind when using the app:
- Only send money to people you trust.
- Be careful of phishing emails and text messages.
- Keep your account information safe.
- Report any suspicious activity to Chipper Cash.
In conclusion, Chipper Cash is a legitimate company that offers a convenient and affordable way to send and receive money. If you are looking for a way to make payments or send money to friends and family in Nigeria, Chipper Cash is a good option. However, it is important you bear the risk in mind when using the app.
— Written by Jeremy