In recent times the way the banking system operates in Nigeria has changed a lot and digital banking is now a major player in convenience. You need to be aware of the best features of ALAT by Wema App to get full productivity and enjoy all of the best from Wema Bank.
Among the many digital banking platforms out there ALAT by Wema stands out for its innovative features that meets the diverse needs of its users. The ALAT app is not just to simplify everyday banking but to empower users with tools to manage their finances better.
ALAT is still evolving and introducing new features that makes banking more accessible, secure and user friendly.
In this post we will be looking at the best features of the ALAT by Wema app and how these features can help you manage your finances better.
From seamless payment options to personalized banking experience ALAT is the pioneer of digital banking.
Whether you want to make payments, manage loans or control your debit cards the ALAT app has got you covered.
Let’s get started and see what makes ALAT the number one choice for banking in Nigeria.
Best Features of ALAT by Wema App in 2024
1. Flexible Device Loans
One of the best features of the ALAT app is the Device Loan. With this feature you can purchase devices through flexible financing. Unlike traditional loans ALAT has a unique loan liquidation process where you can pay off your loan early without extra charges. So if circumstances change and you want to clear your loan before the end of the loan cycle you can do so.
Also users can have their devices delivered to their homes or pick them up from designated vendors. This added convenience allows customers to get the technology they need without the stress of traditional buying process. With product description and prices on the app users can make informed decisions on their purchases.
2. Loan Dashboard Merge
Navigating multiple loans can be confusing but the Loan Dashboard Merge feature makes it easy. ALAT users can view their device loans alongside any other existing loans they have on the platform. This dashboard shows your loan history, payment status and overall loan activity in one place.
It helps you track your financial obligations and also gives you insights into your borrowing habits so you can plan better. Having all the information at your disposal makes managing loans easy not difficult.
3. Goal-Based Loan
Goal-Based Loan makes borrowing more enjoyable by allowing you to adjust your loan amount as your needs change. You can top up existing loans if you need more funds after the initial loan has been disbursed. This is especially helpful if you under budgeted for unexpected expenses or opportunities.
You can also make part payments on your loans at any time during the loan cycle. This gives you more control over your repayment strategy so you can manage your debts better. Whether you want to pay off part of your loan early or adjust your repayment schedule, the ALAT app has got you covered.
4. Wallet Creation Without BVN
Creating a wallet for digital transactions often requires a Bank Verification Number (BVN) but ALAT breaks this barrier by allowing you to create a Wallet on ALAT without BVN. This is a big deal for those who don’t have BVN yet but want to do online transactions.
With this wallet, you can do various financial transactions including money transfer, bill payments and more without the BVN restrictions. ALAT is an inclusive platform that serves a wider audience, empowering more Nigerians to join the digital banking bandwagon.
5. Customizable Dashboard
User experience is at the heart of the ALAT app and the Dashboard Customization feature reflects this. You can personalize your dashboard to your liking. You can hide or show your account balance and choose what you want to see at a glance.
The app also has light and dark mode for iOS users so you can have a beautiful experience that suits your style and environment. By allowing you to customize your dashboard, ALAT makes it more usable and gives you quick access to what matters most to you.
6. Next of Kin
ALAT understands the power of connections so the Personal Information feature allows you to designate a next of kin within the app. This is especially helpful for those who want to ensure their chosen beneficiaries can access their accounts in case of emergency or for inheritance purposes.
You can choose anyone you trust as your next of kin, not just biological relationships. This feature adds a layer of security and sense of community and responsibility which is what ALAT is all about.
7. Pay with Remita
Pay with Remita in the ALAT app makes payment even easier. Remita is a popular payment platform in Nigeria and having it in the ALAT app means you can pay fast and sure.
Whether you’re paying for government services, school fees or any other bills, this feature makes transactions seamless. No more stress, just a few clicks and you’re done, ALAT is your go-to for all your financial obligations.
8. Debit Card Control
Managing multiple debit cards can be a chore, but the Control Over Debit Cards feature makes it easy. With ALAT you can manage all your debit cards in one app and have total control over your spending.
You can set spending limits, track transactions and decide where each card can be used. This helps with budgeting and security as you can restrict card usage to specific merchants or types of transactions. ALAT makes managing your finances a whole lot easier and helps you stay on top of your spending.
9. Virtual Dollar Card for International Transactions
In this global economy, having international payment options is key. The Virtual Dollar Card feature allows you to pay for various international services like Netflix, iTunes, Spotify and EA Sports games without the stress of unfavorable exchange rates.
This feature lets you transact in US dollars and be protected from high currency conversion fees. With a virtual dollar card you can enjoy your favorite services without the worry of losing money to poor exchange rates, ALAT is your go-to for international transactions.
10. User-Friendly Interface and Support
Lastly the ALAT app is designed with user in mind. The interface is simple and easy to use, so even non-techy people can use it. ALAT also has customer support to help you with any issues you may have, so the entire banking experience is stress free.
With its modern design and customer service, ALAT is a platform where you can feel comfortable and supported in your banking journey. The combination of user-friendly interface and responsive customer support makes ALAT your go-to for digital banking in Nigeria.
Conclusion
As we move into 2024, ALAT by Wema is redefining digital banking in Nigeria. Its features from device loans to user friendly dashboards stand it out in a crowded space. By putting the customer first and removing barriers to banking, ALAT is making financial management accessible to all Nigerians.
Whether you need convenience in daily transactions, flexibility in loans or a total financial management, ALAT has got you covered. As digital banking evolves, ALAT is always ahead, so you have everything you need to succeed in the new financial world. With innovation and customer satisfaction at its heart, ALAT by Wema is the go to bank for 2024 and beyond.
