G-Kala Wallet: All You Need to Know About G-Kala Wallet

You want to know how G-Kala wallet works? Don’t worry you are in the safest place to know more about the new wallet. We will tell you it’s functions and how it works.

Nigerian individuals with personal and business bank accounts received a message from Central Bank of Nigeria (CBN), telling their citizens to dial *995# to open a G-kala wallet, and deposit their old Naira note.

G-Kala Mobile Wallet

This came after the deadline to use the old naira note is approaching, just few days to go. The CBN has introduced a new note for daily transaction last year December 2022 and the old naira will no more used from 31st of January 2023.

Let’s dive in to know what G-Kala Wallet is, how it works, how it functions and how to use it. How to make deposit into the wallet and lot’s more with the G-Kala mobile wallet.

What Is G-Kala Wallet

G-Kala Wallet is a service that allows users to access banking and payments functions directly from their mobile phone. With this service, the phone itself serves as a bank and the user’s phone number is used as their bank account number.

This means that users can easily perform various banking and payment transactions with just a few clicks on their phone, rather than having to visit a physical bank branch or use a separate banking app.

How to Register

To register and start using G-Kala Wallet you need to feel a form, that is if you want to register online through their website. Visit: moneymasterpsb.com Click on open account, a form will pop up for you to fill and submit.

Your first name, last name, email address, phone number, state and city are all required to create the G-Kala Mobile Wallet. After filling your details agree to their terms and condition and click on submit.

After submitting you will receive a message saying, “Thank for reaching out, we’ll notify you as soon as the service is available.” You wait for some time for them to reply to your application through the email address you submitted.

Open G-Kala Wallet Account With *995#

To set up an account with MoneyMaster PSB, customers can simply dial *995# and then follow the instructions provided.

This process can be completed from a phone line on the Glo network, or on any other telecommunications network, as MoneyMaster PSB is compatible with all networks.

We are coming with the full procedure on this section. We will show you how to open your G-Kala Wallet with *995# it’s very easy, there is nothing hard about it.

Things You Need to Know About G-Kala Wallet

• You can send money with G-Kala Wallet.
• Pay Merchant.
• Buy Airtime & pay your bills.
• You can withdraw cash.
• You can save money with the wallet.
• You can buy good & services, make online payment.
• You can open an account with zero balance.
• It’s most convenient, fastest and safest way to send, receive and pay money.
• It is accessible through G-Kala mobile wallet and G-Kala extensive agent network.

G-Kala Wallet Interesting Features

1. Zero account opening balance: Open an account with no minimum balance requirement.
2. No Internet? No problem: Just dial *995# an stay connected at all times, even without data. Use *995# to complete transactions.
3. Accepted at merchant shops and online stores: Make purchases at both physical and online retailers.
4. Easy & convenient payments: Easily send and receive funds and access cash without the concern of ATM or point-of-sale system outages.

How to Withdraw or Deposit in G-Kala Wallet

To deposit or withdraw funds from a G-Kala account, customers must visit an authorized G-Kala agent.  To withdraw money, customers can dial *995# and select the withdraw money option.

They will then need to enter the agent’s code as advised by the agent and the amount they wish to withdraw.

Customers should verify the transaction by entering their PIN and double check the agent code and amount before confirming.

They will receive a confirmation message from G-Kala upon successful transaction. To deposit money, customers should give cash to the authorized agent. To withdraw, they should collect cash from the authorized agent.

Can I Send Money From G-Kala to Other Countries?

No, the services are only available within Nigeria.

Can I Get Loan From G-Kala Wallet?

We are unable to provide loans as it is prohibited by the Central Bank of Nigeria (CBN).

What Is Digital Banking?

Digital banks, also known as online or virtual banks, provide financial services through digital channels such as mobile apps and websites, rather than through physical branches or banking halls.

Despite lacking physical infrastructure, digital banks typically offer services comparable to traditional brick-and-mortar banks, with the added convenience of 24/7 accessibility and the use of G-KALA agents as virtual touchpoints for customers.

Do I Need a Bank Account to Use G-Kala Mobile Wallet?

G-KALA is a service tailored to assist individuals who lack access to traditional banking options. Whether it be due to a lack of a bank account or proximity to a bank branch, G-KALA allows for transactions to be made through a mobile device or web platform, enabling customers to complete transactions from any location.

What Is the Benefit of Using G-Kala?

G-Kala provides a cost-effective and efficient method for managing financial transactions such as payments, transfers, and storage of funds.

With its real-time digital platform, it offers speed and convenience, surpassing traditional money transfer services.

Additionally, every transaction made through G-Kala is secured by a personal identification number (PIN), ensuring the safety of your financial transactions.

Is There Any Subscription for Using G-Kala?

There are no additional costs, such as subscription fees or account maintenance charges, associated with our service. All costs are clearly stated and there are no hidden fees.

Can I Top-Up My Account with Airtime?

Your G-Kala account and airtime are not connected. It is not possible to add money to your G-Kala account using airtime.

However, you can use the funds in your G-Kala account to purchase airtime for yourself or any other mobile phone user in Nigeria, regardless of whether they have a G-Kala account or not.

Can I Get Loan From G-Kala Wallet?

We are unable to provide loans as it is prohibited by the Central Bank of Nigeria (CBN).

What Do I Need to Join G-Kala?

To open a basic account, you must be either a Nigerian citizen or a resident of Nigeria and possess a valid phone number.

What Is the Benefit of Using G-Kala Wallet?

• Deposit and Withdraw money.
• Send/receive money between G-KALA registered and unregistered.
• customers (any individual with an active phone number)
• Buy airtime for yourself as well as others.
• Pay bills e.g., utility bills such as Electricity, Water, DSTV and so on.
• Buy goods at a Merchant.
• No minimum balance required.
• Works with all types of phones.
• Fast, convenient, safe and easy to use.

Is There Any Monthly Fee to Use G-Kala?

G-Kala does not have any recurring fees for maintaining an account. Charges incurred will only be based on the transactions made.

How Do I Register?

To register for the G-Kala service, simply dial the USSD code <*995#> or visit a G-Kala agent. Unregistered customers can also use this method to sign up for the service.

Can I Send Money From G-Kala to Other Countries?

No, the services are only available within Nigeria.

Can I Cancel Any Transaction?

Once money has been sent to a recipient, it cannot be retrieved by the sender without contacting the recipient or contacting customer service for a reversal.

If the money is sent to a non-customer and goes unclaimed for 7 days, it will be automatically returned to the sender’s G-Kala mobile wallet.

How Can I Withdraw or Make Deposit On G-Kala?

To deposit or withdraw funds from a G-Kala account, customers must visit an authorized G-Kala agent. To withdraw money, customers can dial *995# and select the withdraw money option.

They will then need to enter the agent’s code as advised by the agent and the amount they wish to withdraw. Customers should verify the transaction by entering their PIN and double check the agent code and amount before confirming.

They will receive a confirmation message from G-Kala upon successful transaction. To deposit money, customers should give cash to the authorized agent. To withdraw, they should collect cash from the authorized agent.

How Do I Know when A Transaction Is Successful?

You will always receive an SMS and or email notification confirming the status of your transaction.

Can I Use G-Kala when My Mobile Number Is Inactive?

No. The G-Kala services are accessible only from an active registered mobile number.

What Is the Limit of Transaction with G-Kala Wallet?

Your transaction limits are dependent on your KYC tier limit i.e., it is dependent on documents shared by you at the time of registration.

Types of G-Kala Accounts

There are three types of accounts based on the KYC (Know Your Customer) documents that the customer sends in. The difference is in how much each account can spend, as shown below.

Daily Limit for Transaction

Your daily transaction limit is dependent on the KYC level of your G-Kala account.

• KYC Tier 1: N50, 000 per day
• KYC Tier 2: N200, 000 per day
• KYC Tier 3: N5, 000,000 per day

What Is the Maximum Amount G-Kala Wallet Can Hold?

The maximum value you can have in your G-Kala account is dependent on its KYC level.

• KYC Tier 1: N300,000 max
• KYC Tier 2: N500,000 max
• KYC Tier 3: No limit

Document Need to Open G-Kala Tier 1 and 2 Account

• Current International Passport
• Current Driving License
• National Identity Card
• Voters card

Do I Need an ID Card To Register?

No ID is needed to sign up as a Tier-1 customer. But to sign up, Tier-2 and Tier-3 customers need an ID document and a BVN. KYC documents are needed at an agent location for all transactions, especially cash-in and cash-out transactions.

Can I Save My Money Using G-Kala?

Yes, you can use G-Kala to open a savings account and transfer money into it. The money will start making money right away. You can also move money from your savings account to your G-Kala wallet.

Can I Send Money from Another Bank to G-Kala Wallet?

You can use G-Kala to send money to other bank accounts, and you can also put money from other bank accounts into your G-Kala account.

Is My Account Safe when I Misplace My Sim Card or Phone?

Yes. The G-Kala account is a safe place for money. Every G-Kala customer sets their own secret PIN to protect their account.

If a phone is lost or stolen, the owner can replace the SIM card (called a “SIM Swap”) and still use the same secret PIN to get into their account.

Because of this, it is very important that customers don’t tell anyone else their PIN and don’t write it down anywhere.

What To Do When You Forget Your Pin

In this case, you should call G-Kala Customer Care at +234 915 55 55 995 right away to reset your PIN.

How To Add Funds To G-Kala Wallet

They have to open a wallet account, which they can do on their own or with the help of a G-Kala agent. The 4-digit PIN that was set up must always be kept safe. Then, with the help of a G-Kala agent, they can turn cash into digital money.

The agent will send part of his or her own float (digital money with Agent) to their wallet account in exchange for the amount of cash given. Customers can also add money to their G-Kala Accounts from their bank accounts.

Is It Safe to Use G-Kala Agent?

G-Kala hires its agents after a careful selection process and a lot of research. They are checked on and retrained often, and people from G-Kala visit them often.

Where Is the Head Office Located?

Lagos Office (Head Office) 50, Saka Tinubu Street, Victoria Island, Lagos State.

[wpdiscuz-feedback id=”g2pffisu9o” question=”Please leave a feedback on this” opened=”0″]More details about, Merchant, Agent, Enterprise is coming soon. Do you have anything to say about G-Kala Mobile Wallet? drop your comment in the comment section below let’s discus.[/wpdiscuz-feedback]