In a country where bank transfers can be slow, expensive, and unreliable, Nigerian fintech platform Faveremit is offering something different free instant money transfers using just an @username.
With this feature users no longer need long account numbers or wait times. Just type in the @username of any Faveremit user and send money in real time without any transfer fee.
“We want sending money to feel as easy as sending a text. That is why we created the @username feature,” said Gabriel Olusola, Founder of Faveremit.
No Account Number No Charges No Delay
The @username feature is designed to be fast and frictionless. Users simply:
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Open the Faveremit app
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Tap Send Money
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Enter the recipient’s @username
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Input the amount
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Tap Send
The money lands instantly in the other user’s wallet, and both users receive confirmation notifications.
“I use it to send money to my younger brother at school and to my business partner. No delays no stress,” said Ayo a small business owner in Lagos.
Why It Matters
In a market where bank apps can freeze, lag, or charge fees for even simple transfers, Faveremit is putting users back in control. The platform’s peer-to-peer transfer system is:
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Instant
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Free
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Secure
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Easy to use
It is perfect for friends, family, business partners, group savings, or anyone within the Faveremit ecosystem.
Safe and Simple
Every transfer is protected by the user’s personal PIN and device biometric security. Users can also download transaction receipts and monitor all transfer history from their wallet.
The @username system also reduces transfer errors since usernames are unique and easy to recognize.
The Future of Peer-to-Peer Transfers
Faveremit’s vision is to build a money system where users can trade, send, and spend without relying on outdated banking infrastructure.
“We are building for real people in real situations. Whether it is 200 naira or 20 thousand, you should be able to move money without fear or friction,” said Gabriel Olusola.
Faveremit continues to grow its features with tools designed for freelancers, traders, students, and families who live life online and need their money to move just as fast.
About Faveremit
Faveremit is a Nigerian fintech app that allows users to trade gift cards, create virtual dollar cards, fund crypto wallets, pay bills, and send money using @usernames. The platform is known for its speed, transparency, and user-focused design.