Life is more simple and easy day by day as a result of technology and we need to stay up to date with new emerging technologies. I’m happy to inform you that there is a new way in Nigeria to perform cardless ATM withdrawal without your debit card being physically present. It sounded like a big joke at first until I confirmed it.
You know how it feels when you urgently need cash, but your ATM card is at home; there’s money in your account, but you can’t withdraw it because you need an ATM card.
Nigeria’s largest payment processing company – Interswitch, has launched “Verve World”, an app that enables cardholders to store all their payment options and to carry out everyday transactions without physically using their cards. You can now withdraw the cash in your account without using an ATM card, all you need is a Verve Paycode.
Verve Paycode is a security code that can be generated from cards stored in your eWallet (Verve eCash). Verve eWallet can securely store any card from any Bank.
Verve eCash is a virtual payment card that allows you to transact in every way you would with a physical card. With eCash, you no longer need the card number, OTP, CVV2, or expiry date to complete your online transactions. Recharge, pay bills, transfer funds, and even withdraw cash from an ATM or make POS payments directly from your eCash.
Download the Verve World app
Verve World app Login/Registration Process
Open the Verve World installed app and log in with an existing Interswitch account if you have an account with Interswitch before if not, choose Signup and fill in the necessary details, add the details of your ATM card to the Verve World App, and proceed.
After successful registration, you should get this notification and an accompanying email from the Verve International team with “Welcome to Verve eCash” in the subject line.
How to Fund Your Verve eCash
Click the button that says ‘Fund my eCash’. On the next screen, you will be required to enter the amount you want to withdraw.
Even after adding a card to the application, you may have to input your details again in the “Payment Card” option
How to Generate Actual Verve Paycode
After funding the eCash, you will get a notification to that effect. Under every page, there are the e-wallet, 1-TOUCH, and PAYCODE options, click on “PAYCODE” to generate.
After selecting PAYCODE, the below page will be displayed.
In selecting a channel, there is the option of ATM, POS, or PayPoint Agent. Choose ATM as it is our case study for this post.
In selecting a payment card, choose your already funded Verve eCash or select from the stored Cards.
The cash-out pin is the one you are going to input in the ATM and your card pin is, of course, your personal card pin.
Important Notice
After the last procedure described above, you should be able to use your cashout pin in any ATM unless;
- You have an insufficient balance in your account.
- You do not have a token– physical or software –and so cannot use the card online.
- There is not sufficient internet connectivity.
AND;
- Verve Paycode works for any bank card as long as it’s Verve, Visa or Mastercard
- Multiple cards can be added to the application.
- Cardless ATM Withdrawals do NOT work on every bank’s ATM (that is the machine).
- The Machines that I know, are: ATMs belonging to Zenith Bank, Stanbic IBTC Bank, Guaranty Trust Bank, and Fidelity Bank are compatible with the Verve World App and Verve Paycode.
If all the above conditions have been satisfied, then you are good to go.
Now using the ATM is the tricky part and seems to be where most people are stuck. Most ATMs have the option of cardless operation, to be sure, ask the orderlies around.
Or walk up to any one of them and press the “ENTER” critical multiple times. It should display the option.
Recommended: How to Withdraw Money with FingerPrint via the GTBank ATMs – No ATM Card or PIN Needed!
How to Perform Cardless ATM withdrawal at GTBank ATM
GTBank ATM has already been used for the experiment, all you need is to follow the below instructions accordingly.
If you look closely at the display above, it gives the instructions on performing Cardless ATM withdrawal Transactions; that is, using the ATM to withdraw without an ATM card. Even though the instruction makes it easier, some ATMs do not spell it out, so just press the “ENTER” button on the keypad twice, and if it does not still bring out the option, then the machine is probably not configured for Cardless Transactions.
The next screen after pressing the “ENTER” key will be self-explanatory as the tag of your selection will include Quickteller. The Verve World App, Verve Paycode, and Quickteller are all products of Interswitch, so they are in one family.
After selecting the Quickteller option, this screen comes up and prompts you to enter the already generated code, then the ATM proceeds to produce the exact amount of cash that was entered when generating the Verve Paycode on the Verve World. Simple as that.
At a Stanbic IBTC ATM, press zero “0” on the keypad to be taken to a page that has “Quickteller Cashout” written on it and the machine will give a prompt for the already generated Verve Paycode.
Zenith Bank ATMs have the same procedure, but you have to press the enter key to access the “Quickteller Cashout” option and input your Verve Paycode
Note: It includes an N100 surcharge at cashout.
Also Note: To make everything simple. You can generate a Paycode by simply dialing *322*8*Amount#. You don’t need to have a smartphone or internet access.
Have Questions to ask or have anything to contribute, kindly use the comment form below. More so, use the “Share”, “Like” and other Share buttons to share this post with your friends.
33 thoughts on “All You Need to Know About Verve Paycode – Cardless ATM Withdrawal and POS System Payment”
Nice post
From gurusbus.blogspot.com
Using ussd aspect how will u generate paycode of the amount u want unlike verve app world in which u will fund to generate desire amount paycode
add me to the WhatsApp group 08188914518
Thanks for the information
From Entclass.com
Wow This great!
08138545461 to WhatsApp group
please add 08182316336 to your whatsapp group
Nice one
sancstech.blogspot.com
mr shelaf, pls add me to the whatsapp group.
Amazing. thanks Mr Shelaf for the Update wizprof.com
Wow, i can't believe this. Thanks Shelaf from wetechng.blogspot.com
Nice post bro. Technology is Really Advancing
Mr. Shelaf why did you always keep silent to the questions posted into your blog.With this attitude it makes people boring to comment/ asking questions. Please and please. take time to reply if not all but some of the comments. Thank you
Thanks a lot for the observation Mr. Babatunde. Alright, I will try to adjust.
Wizy! the great blogger. Thanks for stopping by.
Thanks for the comment.
Almost the same thing, after dialing d ussd code, it will bring another option for you to enter your desire Cashout Pin.
You are welcome
Thanks
Thanks
Thanks too for your time to dropped comment.
You are welcome & thanks for the comment.
Nice job Oga shalef add me to your WhatsApp group 08163421175
Oga shelaf I have 3 etisalat modern that refuses to unlock I have use DC unlock I have used the websites provided by you to input imei so that I can get unlock code but the code did not work can u help me pls
Thanks ok.
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Hi shelaf… Pls hw can I reach u personally? Pls I need ur help wit my tecno p9, fone is stucked at tecno logo… I hope 2 hear frm U
Boss i raise nyash for this post, really enjoyed reading it.
Remarking from Preshtech.com
Excellent article
Thanks add me to your whatsapp group 08138973412
please could this be done without going to the ATM machine but with the ATM information online?
please how do i get software for token
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