eNaira Speed Wallet App Hits Over 360,000 Downloads

The Africa’s first digital currency, eNaira speed wallet app, has chronicled over 360,000 downloads ten days after it was launched.

eNaira Speed Wallet App Hits Over 360,000 Downloads

The Central Bank of Nigeria (CBN) unveiled the eNaira apps on October 22. The applications have two versions; eNaira speed wallet and eNaira speed merchant wallet.

The two applications were rolled out on Google Play and Apple Store for Andriod and iPhone users, respectively.

On Wednesday 3rd November, the eNaira speed wallet, which is for individuals, recorded 367,000 downloads while the eNaira speed merchant wallet for businesses recorded 58,600 downloads.

An intelligent analytics of applications downloads showed that the eNaira speed wallet for iPhone users increased from 75 countries penetration on October 28 to 81 countries in ten days.

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For Andriod users, country penetration moved from 148 countries as of October 28 to 163 countries at the end of October.

The merchant’s wallets for iPhone users saw a country penetration from 51 countries on October 28 to 67 countries as of October 31 2021. For Andriod users, country penetration moved from 177 countries to 186 countries as of October 31, 2021.

The apps are currently on a scale of 3 out of 5 on the Play Store ratings, which is an indication that the user’s experience has improved with time.

The Play store ratings are calculated based on the app’s current quality ratings from users’ reviews, rather than the lifetime-average value of user reviews unless the app has very few ratings.