Is Remita a company?

Remita is a CBN-licensed solution that addresses the payment needs of individuals and organisations. Developed by FinTech giant SystemSpecs, it helps the public receive and make payments easily with ZERO activation fee as a plus.

Is Remita a Nigerian company?

Remita launched in 2005 and is fully developed in Lagos Nigeria by SystemSpecs.

How do you become a Remita agent?

How to register a Personal/Corporate profile on Remita Web

  1. Go to www.remita.net.
  2. Click on Sign Up.
  3. In the dropdown under “This Registration is for”, select “My personal account”
  4. Fill in the required details and click on Proceed.
  5. Type in the OTP sent to your mobile number and submit.

What is the meaning of Remita?

Remita enables direct payment of salaries from any bank account into beneficiaries’ accounts in any bank or other designated financial schemes. Payment of Taxes: Remita enables remittance of all taxes including PAYE, VAT and WHT, to the relevant Tax authorities.

Who is the owner of Remita?

SystemSpecs

Type Private
Founder John Obaro
Headquarters Lagos , Nigeria
Key people Dr Christopher Kolade, Chairman John Obaro, Managing Director Deremi Atanda, Executive Director Dr Emmanuel Eze, Executive Director
Products HumanManager Remita Paylink

Which bank does Remita?

Remita – Fidelity Bank Plc.

Who brought BVN to Nigeria?

The Central Bank of Nigeria, in collaboration with the Bankers Committee, proactively embarked upon the deployment of a centralized Bank Verification System and launched the Bank Verification Number (BVN), in February, 2014.

Does Remita expire?

It is not reusable, but it does not have an expiration date, as long as it has not been processed through the Remita system yet. If you do not know how to generate Remita code yourself, it is very easy, and you can do in on the Remita website or the Biller’s page.

Can banks generate Remita?

You may need to pay your tax (FIRS) through Remita. Schools may ask you to generate an RRR invoice and make a payment at any commercial bank across the nation. NYSC will ask you to pay for call-up letters through Remita. These banks include the FirstBank, Access/Diamond Bank, Zenith Bank, UBA to mention a few.

Can CBN block BVN?

The Central Bank of Nigeria (CBN), on Wednesday, spelt out sanctions and punishment for breaches on Bank Verification Number (BVN) by customers and other stakeholders.

How long does RRR number last?

RRR invoice is valid as long as the service you intend to pay for remains valid.

Which bank uses Remita?