How To Create A Chipper Cash Account In Nigeria

8 min readSep 12, 2024

Hey there! If you've been looking for an easy way to manage your finances and send money across borders, you're in the right place. Chipper Cash is shaking things up in the financial world, especially here in Nigeria. Whether you're trying to send money to family abroad or just want a simple way to pay your bills, Chipper Cash has got you covered. Let me walk you through on how to create a Chipper Cash account in some easy steps.

What is Chipper Cash?

Chipper Cash is a fintech company that started back in 2018, founded by Ham Serunjogi and Maijid Moujaled. Their big idea was to make financial services accessible and affordable across Africa, and they've definitely made an impact. They operate in several countries, including Nigeria, Ghana, Uganda, and South Africa, to name a few.

With Chipper Cash, you can do a lot—like free instant money transfers, pay bills, buy airtime and data at discounted rates, and even dip your toes into investing in fractional stocks and cryptocurrencies. All of this is packed into a user-friendly mobile app that's designed to make your life a whole lot easier.

How Does Chipper Cash Work?

Using Chipper Cash is pretty straightforward. You can send and receive money instantly with just your phone, and the transaction rates are much lower than what you'd get with traditional banks. Plus, you can link your bank accounts and mobile money wallets to manage everything from one place.

One of the coolest features is that you can send and receive money in different currencies. So whether it's Naira, US Dollars, British Pounds, or Euros, Chipper Cash has you covered. This is super handy if you're dealing with cross-border transactions.

Features of Chipper Cash

Let me break down some of the key features for you:

Free Instant Money Transfers: You can send and receive money instantly without paying any fees.

Low Cross-Border Transaction Rates: Sending money abroad? Chipper Cash offers competitive rates that won’t break the bank.

Linking Bank Accounts and Mobile Wallets: Manage all your finances from one app by linking your accounts.

Free Bill Payments: Pay your bills directly through the app with no extra charges.

Discounted Airtime and Data Bundles: Save on mobile expenses by purchasing airtime and data at lower rates.

Investing in Fractional Stocks and Cryptocurrencies: Want to invest but don’t have a lot of capital? Chipper Cash lets you buy fractional shares in stocks and cryptocurrencies.

Benefits of Using Chipper Cash

There are plenty of reasons to jump on board with Chipper Cash:

Cost-Effective and Secure: It’s a secure and affordable way to send and receive money.

Accessibility: Even if you don’t have access to traditional banking services, Chipper Cash makes financial services accessible to you.

Convenience: Manage your finances anytime, anywhere, right from your phone.

Investment Opportunities: You can start investing in global markets, even if you’re just getting started with small amounts.

What You Need to Open a Chipper Cash Account

Setting up an account is super simple. Here’s what you need:

A smartphone (Android 5.0 or higher, or iOS 11 or higher)
A valid email address and phone number
A government-issued ID for verification

How to Sign Up for a Chipper Cash Account

Bonus Tip : Use my invite code GELQ3 or my referral link when signing up to receive a welcome 🤗 bonus from chipper cash.

Here’s how you can get started:

Download Chipper Cash app from the Google Play Store or App Store.

Open the app and tap on "open free account".

Enter your email address and phone number.

Fill in your basic information

Create a secure password.
Verify your phone number with the OTP sent to your mobile.
Complete the registration by providing your personal details and ID.

Once you're all set, you can dive into all the features Chipper Cash has to offer.

How to Fund Your Chipper Cash Account

Adding money to your account is easy:

Tap on your Naira balance or USD balance

Tap on the "Add Cash" button in the app.

Copy your account details
Send money into your account
Confirm the transaction.

Keep in mind, the available payment methods might differ based on your location and the services your bank or mobile provider supports.

How to Use Chipper Cash

Using the app is a breeze. If you want to send money, just follow these steps:

Tap on "Transfer" in the app.

Choose the method you want to transfer money

Enter the recipient’s phone number or account number or Chipper Cash Tag.
Choose the amount you want to send.
Confirm the transaction with your PIN or biometric authentication.

The money will arrive instantly in the recipient’s Chipper Cash account, and they can withdraw it to their linked bank account or mobile wallet.

Chipper Cash USSD Code

Don’t have a smartphone? No worries! Chipper Cash has a USSD code (*272720#) that lets you access your account and perform basic transactions using any mobile phone.

Chipper Cash Dollar Rates

Chipper Cash also lets you deal with multiple currencies. As of September 11, 2024, the Chipper Cash dollar rate to Naira is 1 USD = 1,797 NGN. Just keep in mind, this rate can fluctuate.

Chipper Cash Virtual Card

Worried about online security? Chipper Cash offers virtual cards that you can use for online purchases, subscriptions, or even booking travel. It’s linked to your Chipper Cash account, and since it’s virtual, you don’t have to worry about exposing your actual bank details.

How to Get a Chipper Cash Virtual Card

Open the app and tap on "Card".

Choose "Claim NGN Card or Claim USD Card".

Select the card type (NGN,USD, GBP, EUR).

Make Sure you have enough balance in your chipper cash account
Complete the application process.

Once approved, you’re good to go for online transactions!

How to Use and Fund a Virtual Card

Using the card is as simple as:

Select the virtual card for your transaction.
Enter the card details when checking out online.
Confirm the transaction.

How To fund Chipper Cash virtual card:

This is very simple, follow this steps:

Tap on "Virtual Card" in the app.
Select the card you want to fund.
Tap on "Add Cash".
Enter the amount and confirm.

You can use the same methods for funding your Chipper Cash account to top up your virtual card.

Chipper Cash Referral Bonus ( Invite and Earn )

Want to earn some extra cash? Chipper Cash has a referral program where you can earn bonuses by inviting friends.

To receive your bonus use this referral code GELQ3 during your sign up and add money to your chipper cash account.

Here’s how it works:

Share your unique referral link or code.
The new user signs up using your link and meets certain requirements (like verifying their account and making a minimum transaction).
Once everything is done, both you and your friend get the bonus in your Chipper Cash wallets.

The bonus is paid out automatically once all conditions are met. It’s that easy!

Chipper Cash Customer Service

If you ever need help, Chipper Cash offers several support options:

In-app support: Tap on "Support" within the app.
Email: Send inquiries to support@chippercash.com.
Social Media: Reach out via Twitter, Facebook, or Instagram.
Toll-free number: You can also call 0800 000 0272 for assistance.

Chipper Cash Alternatives

While Chipper Cash is fantastic, it’s always good to know your options. Alternatives like Opay, Remita, Flutterwave, Paystack, and Paga also offer a range of financial services. Depending on your needs, one of these might be a better fit for you.

Conclusion

Chipper Cash is changing the game when it comes to managing your finances in Nigeria. Whether you need to send money quickly, pay bills, or invest in global markets, this app makes it all incredibly easy. If you haven’t already, I’d definitely recommend giving it a try!

Chipper Cash Sign up - FAQ's

Is chipper cash legitimate and safe to use?

Absolutely! Chipper Cash is a legit fintech service that’s been around since 2018. With over 4 million users and more than $1.5 billion in transactions processed, it's clear they're doing something right. They also use strong security measures to protect your data and money, so you can use the platform with peace of mind.

What are the transaction limits for unverified accounts?

If your account isn’t verified, you’ll have a daily transfer limit of NGN 42,000. To lift that limit, you just need to complete the verification process by providing your Bank Verification Number (BVN) and a selfie. It’s a quick process and worth doing if you plan on making larger transactions.

How much does the chipper cash dollar card cost?

The Chipper Cash dollar card costs ₦3,000 to get. Just a heads up—if you try to use the card without enough funds in your account, you’ll get hit with a ₦500 fee for each declined transaction. That fee isn’t refundable, so make sure you’ve got enough funds before making purchases.

What’s the current chipper cash dollar rate to naira?

Right now, the Chipper Cash dollar rate to naira is around ₦1,797 per $1 USD. This rate can change based on market conditions, so it’s a good idea to check the app for the latest rates. Just keep in mind, this rate might be different from the official Central Bank of Nigeria exchange rate, which is currently ₦1,797 per $1 USD.

Who Owns Chipper Cash?

Chipper Cash was co-founded by Ham Serunjogi and Maijid Moujaled. These guys started the company in 2018 with a mission to provide seamless and affordable cross-border money transfers across Africa.

Can chipper cash receive dollars?

Yes, it can! Chipper Cash allows you to send and receive money in multiple currencies, including US Dollars. This makes it super useful for anyone dealing with cross-border transactions between countries like Nigeria and Ghana, or if you're receiving payments from the US.