Could this be the solution to the oil rich city residents standing in queue at the ATM? Exactly this same time last year city residents wait through the long queues at several ATM points within this oil-rich city.
It was tough to the point that Supermarket desist from making use of POS and insist you pay with cash. Fast forward to a year later, the problem still persists, festivity season is here and people will definitely withdraw money from ATM… I guess you can’t escape the queue.
But Boma Peters and his crew came up with a solution… Because businesses based in Port Harcourt keep a large volume of physical cash in their premises, they usually are victims of armed robbery attacks.
KPOLOM is a platform that pair cash seekers within a 10KM radius to ATMs orKPOLOM cashback merchants to enable them get access to their cash as quick as possible. It also enables businesses such as filling stations, restaurants and supermarkets give out excess cash at the end of a business day, public holiday or weekend and earn some extra cash while at it.
Since the plan is to eradicate queues at ATM points and create a cashless environment of sorts for businesses, Kpolom will station what you could call “human ATMs” no more than within 10KM radius of users. These are verified business centres — often restaurants, filling stations and supermarkets — that can now serve as Kpolom cashback points.
What is KPOLOM Cashback Points?
Cashback merchants let you transfer money into their account via you ATM card or bank transfer and give you cash in return.That way you’ll never need to join a queue for cash again.
How Does it Work?
1. Download the app from playstore or at www.kpolom.com
2. Allow the app access your location,
3. Get cash via ATM or Cashback Points
Check the platform to see the closest merchant near you, transfer the equivalent of the amount you intend to withdraw into merchant account (via USSD services or through internet banking) and get paid the amount in cash. They usually charge a small service fee.
It was tough to the point that Supermarket desist from making use of POS and insist you pay with cash. Fast forward to a year later, the problem still persists, festivity season is here and people will definitely withdraw money from ATM… I guess you can’t escape the queue.
But Boma Peters and his crew came up with a solution… Because businesses based in Port Harcourt keep a large volume of physical cash in their premises, they usually are victims of armed robbery attacks.
KPOLOM is a platform that pair cash seekers within a 10KM radius to ATMs orKPOLOM cashback merchants to enable them get access to their cash as quick as possible. It also enables businesses such as filling stations, restaurants and supermarkets give out excess cash at the end of a business day, public holiday or weekend and earn some extra cash while at it.
Since the plan is to eradicate queues at ATM points and create a cashless environment of sorts for businesses, Kpolom will station what you could call “human ATMs” no more than within 10KM radius of users. These are verified business centres — often restaurants, filling stations and supermarkets — that can now serve as Kpolom cashback points.
What is KPOLOM Cashback Points?
Cashback merchants let you transfer money into their account via you ATM card or bank transfer and give you cash in return.That way you’ll never need to join a queue for cash again.
How Does it Work?
1. Download the app from playstore or at www.kpolom.com
2. Allow the app access your location,
3. Get cash via ATM or Cashback Points
Check the platform to see the closest merchant near you, transfer the equivalent of the amount you intend to withdraw into merchant account (via USSD services or through internet banking) and get paid the amount in cash. They usually charge a small service fee.
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