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Vestpay.ng Review – Is Vestpay.ng Scam or Legit

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Vestpay is a fintech platform that is similar to piggyvest, in the sense that it allows you to earn interest on your savings of up to 15% per annum. According to its website, Vestpay app is an optimum smart way to save towards your goals, pay bills, get loans and invest.

Additionally, they claim users can get the loan in 5 minutes after applying and also give you higher loan amounts with lower interest rates, when you always repay on time.

Welcome to Xycinews Media, this article about Vestpay Review was written after my research and coming to know users are searching for keywords like;

  • Vestpay Review
  • How does Vestpay Work
  • Vestpay Withdrawal System
  • Vestpay Referral System
  • Vestpay Registration & Login
  • Is Vestpay Scam
  • Is Vestpay Legit

And so on…. Nonetheless, I might not have the exact response to all the above entries at the moment, but this article is well detailed.

 

NOTICE: In as much as Team Xycinews aims to deliver a near perfect review, we have a lot of Platforms on our Log to review & a lot already reviewed. Sadly this limits us from backdating to track the status of already reviewed platforms.

Kindly note that the platform information were correct as of time of publishing but might turn out to be SCAM without our notice.

Always check our article’s published date & the comment section below for users opinion. Thanks ♥️

 

Vestpay Review

Vestpay is a fintech platform that is similar to piggyvest, in the sense that it allows you to earn interest on your savings of up to 15% per annum. According to its website, Vestpay app is an optimum smart way to save towards your goals, pay bills, get loans and invest.

Vestpay also provides loans to salary earners without the need for collateral, guarantors or any other complex requirements. They claim you can get the loan in 5 minutes after applying.

 

Vestpay Investment

Vestpay has gotten a lot of attention, partly due to the fact that they promised to pay users 500 naira for every member that they referred to the platform, although there were terms and conditions.

They claim you can get the loan in 5 minutes after applying and also give you higher loan amounts with lower interest rates, when you always repay on time.

The features of Vestpay.ng include the following:

  • Regular savings
  • Savings target (fixed deposit)
  • Vest banking (for investments)
  • Credit facility (loan app)
  • Vestcash (Cash withdrawal and deposit)
  • Vestdrive (Car handling for inter-regional travels)

According to the website, more features will be added in the future.

 

Vestpay Withdrawal

  • Your money will be provided on your total balance.
  • Click on the balance and tap on your total balance.
  • Click on the withdrawal button
  • You will need to input your bank account details
  • Input the amount that you want to withdraw.
  • Provide your account password and withdraw.

 

Vestpay Referral Program

For every online platform, the referral model follows a pattern, all company wants to promote its product, app or site so they offer all potential users the opportunity to share their link, make a new member, and earn a bonus as reward.

Vestpay claim to pay you 500 naira for every person that you refer to the platform using your invite code.

The terms of service of the referral earnings requires you and your referred person to create a savings target on the app and save for at least 7 days to get your earnings credited to your account.

 

How to Save with Vestpay 

  • Login to your vestpay account
  • Locate the save button, which can be found in the MENU option of the app.
  • Click on the + button, that is labelled with new savings target.
  • Give the title, reason of savings and your savings target.
  • Then click on the continue button.
  • Select the amount you want to save and the time duration.

 

Vestpay Registration

  • Download the Vestpay app from the Google playstore for android users and the Appstore for iPhone users.
  • Install and launch the app on your phone.
  • You will then be asked to register or Login.
  • Click on the register button and you will be required to input some of your details.
  • Details like your full names and date of birth will be required.
  • Provide a little information about yourself in the required input boxes and proceed to the next page.
  • On the next page, input your phone number, email and referral code.
  • Proceed to create your account
  • You would then be asked to verify your email and OTP will be sent.
  • Go copy or note the OTP on the space provided and verify it.
  • You would then be asked to optional input your bank details, together with your BVN.
  • Login to your account and add your card or ATM.

 

Is Vestpay Legit 

Reviews shows it’s legit. The platform is quite new and zero negative reports has being recorded yet.

 

Is Vestpay Scam

Primarily, Xycinews Media contents is to give an overview of platforms and what they entails to help you decide if proceeding with them or Investing only what you can afford to lose.

  • Do you think Vestpay is scam?
  • How you being defrauded?

With a lot of platforms on our desk to review for the general public, we might not be able to keep track of Vestpay on a regular. Please help us by dropping a comment and this will help other potential investors from falling prey or proceeding to invest.

 

The Blogger Scientist is a "Medical Physiologist" and a "Financial Asset" Content Creator who aims at enlightening web reader on varying Financial Assets such as Stocks, FX, Crypto, MLM,. HYIP among others.

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