Squad By GTCI: Everything you Need To Know

Squad By GTCI Everything you Need To Know
Squad By GTCI Everything you Need To Know

Squad is a payment solution offered by HabariPay Limited, a subsidiary of GTCO Plc, to businesses. It allows businesses to make and receive payments from anywhere in the world, whether they are registered or not. Squad offers a variety of features, including:

  • Payment links: Businesses can create payment links that customers can use to pay for goods or services online or via social media.
  • SquadPOS: A mobile app that allows businesses to accept card payments directly on their NFC-enabled mobile devices.
  • USSD: Businesses can get a dedicated USSD code for their business so that customers can pay using their mobile phones.
  • E-commerce: Businesses can set up an online store using Squad’s e-commerce platform.
  • Virtual accounts: Businesses can create virtual accounts to accept payments.

How does GTBank squad work?

GTBank Squad is a payment solution that enables businesses of all sizes to accept and initiate payments from anywhere in the world. It is powered by HabariPay Ltd, a subsidiary of GTCO Plc.

Here are some of the ways that GTBank Squad works:

  • Payment links: Businesses can create payment links that can be shared on social media, email, or their website. When a customer clicks on the link, they will be taken to a secure payment page where they can enter their payment details.
  • E-invoices: Businesses can create e-invoices that can be sent to customers via email. The e-invoices will include a payment link that customers can use to pay for the goods or services they have purchased.
  • Storefront: Businesses can create a storefront on the Squad website. This will allow them to display their products or services and accept payments from customers.
  • Virtual account: Businesses can create a virtual account that can be used to receive payments from customers. The virtual account will be linked to the business’s bank account, so the funds will be deposited directly into the account once a payment is made.
  • USSD codes: Businesses can get unique USSD codes that can be used to receive payments from customers. Customers can dial the USSD code and enter their payment details to make a payment.
  • Mobile app: Businesses can download the Squad mobile app to accept card payments on their mobile phones. The app is available for both Android and iOS devices.

To use GTBank Squad, businesses need to create an account and verify their details. Once their account is verified, they can start accepting payments using any of the methods listed above.

READ ALSO: GTBank Transfer Code, Ussd Code For Airtime and Data

GTBank Squad is a secure and convenient way for businesses to accept payments. It is also a cost-effective solution, as there are no monthly fees or transaction charges.

Here are some of the benefits of using GTBank Squad:

  • Secure: GTBank Squad uses the latest security technologies to protect customer data.
  • Convenient: Businesses can accept payments from anywhere in the world using a variety of methods.
  • Cost-effective: There are no monthly fees or transaction charges.
  • Easy to use: GTBank Squad is easy to set up and use.

If you are a business owner, I recommend that you consider using GTBank Squad to accept payments. It is a secure, convenient, and cost-effective way to collect payments from your customers.

How To Sign Up On Squad GTCO

  1. Go to the Squad website or download the Squad app from the Google Play Store.
  2. Click on the “Sign Up” button.
  3. Enter your name, email address, phone number, and business details.
  4. Verify your email address.
  5. Verify your phone number.
  6. Enter your NIN and BVN.
  7. Enter a verifiable physical address.
  8. Add other business details.
  9. Link your bank account.
  10. Create a USD account (if need be).
  11. Submit your application.

Once your application is approved, you will be able to start accepting payments using Squad.

Here are some additional details about the sign-up process:

  • You must be a registered business to sign up for Squad.
  • You must have a valid NIN and BVN.
  • You must have a verifiable physical address.
  • You must link your bank account to your Squad account.

The entire sign-up process should take no more than 15 minutes. Once your account is approved, you will be able to start accepting payments immediately.

Here are some of the benefits of using Squad:

  • You can accept payments from anywhere in the world.
  • You can accept payments online, via social media, or in-store.
  • You can accept payments using a variety of payment methods, including cards, USSD, and e-invoices.
  • You can get paid instantly.
  • There are no monthly fees.

If you are looking for a convenient and affordable way to accept payments, then Squad is a great option. The sign-up process is quick and easy, and you can start accepting payments immediately.

What is the difference between GTBank and Gtco?

GTBank and Gtco are two different entities within the Guaranty Trust Holding Company (GTCO) group. GTBank is the banking subsidiary of GTCO, while Gtco is the holding company itself.

In July 2021, GTCO underwent a corporate reorganization that resulted in the creation of Gtco as the holding company. This reorganization was done to allow GTCO to expand its operations beyond banking and to provide a more efficient and streamlined structure for the group.

As a result of the reorganization, GTBank became a subsidiary of Gtco. However, GTBank will continue to operate under its own name and brand. The only difference is that GTBank will now be subject to the oversight of Gtco.

The reorganization of GTCO is a significant development for the Nigerian banking industry. It is a sign that GTCO is committed to growth and innovation, and it will be interesting to see how the group evolves in the years to come.

 

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