Phoenix team came up with a solution of a short unique key that contains all the banking information of an individual, making it easier to select a user's bank of choice and make transfer without entering an account number using our USSD code Over time USSD transactions have been the safest and most reliable method of transferring money from one account to another. It's non-reliance on internet connection has made it more accepted thereby giving it an edge over other forms of electronic funds transfer. But then comes the issues of entering a 10-digit account number and selecting a bank from a list that contains all the banks in Nigeria. This prompted Phoenix team to come up with a solution of a short unique key that contains all the banking information of an individual, making it easier to select a user's bank and make transfers without entering an account number. All the user does is to use our USSD service and enter the unique key of the recipient which will display the various bank accounts owned by that individual. The user then selects a particular bank without having to enter an account number or search through tonnes of banks.
user 1---R-code = 24281
user 2 ---- R-code = 29012
andriod: user 3 R-code = 90221
andriod: user 4 R-code = 32181
andriod: user 5 R-code 12381
andriod: default OTP for all users = 123456