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What is Cashscore in Pocket App? Everything You Need To Know

Pocket App by Piggyvest

Hello! In this article, we are going to walk you through everything you need to know about “CASHSCORE” in Pocket App and how it works. But before we dive into it, let’s take a quick review of Pocket App.

Pocket App is a mobile money wallet built and developed by Piggyvest for you to send, receive and manage your money seamlessly. Licensed by the Central Bank of Nigeria (CBN), all funds are also insured by the Nigeria Deposition Insurance Cooperation (NDIC).

In addition to what Piggyvest is offering, Pocket App is aimed at targeting business owners and individual accounts on Piggyvest to offer additional features and other outstanding functionalities.

Pocket App by Piggyvest is available for download on the apps stores: Google play store and Apple app store. To download the app, open your apps store and use the search bar to seek “Pocket App by Piggyvest”. When it appears, tap on “Install” and the application will begin to download.

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After the installation process, you can sign in your account if you’re already a customer. For potential customers, you can register an account. It’s very simple and straight forward.

However, without diving too much into the reviews of Pocket App, let go back to the primary reason of this article: “What is Cashscore in Pocket App”.

Make sure you read this article to the end and if you get value from it, join our growing community and subscribe to our mailing list to get every of our exclusive articles immidiately we publishes them.

What is Cashscore in Pocket App?

The “Cashscore” in Pocket App is a feature that shows levels of your activeness of the app (such as inward and outward of funds). In other words, it is use to track how well you use the app. The levels range from “Pocket Ninja” to “Pocket Champ” which is the highest level of Pocket App’s Cashscore.

Pocket App's Cashscore

Although, Pocket App focuses on providing customers with mobile money services like sending and receiving money, managing group accounts, and online shopping, however, like any other financial institutions, it also make use of cashscore to assess credit risk and real-time financial transaction history.

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In addition to “Cashscore” Feature on Pocket App, there are other features and functionalities within the app that might interest you:

Abeg: This is a savings feature within Pocket App that allows you to earn interest on your deposited funds. The interest rate can be up to 15%, depending on your activity level.

Credit history report: Pocket App doesn’t offer your credit score, but it might provide you with a report of your transaction history within the app.

However, if you’re interested in checking your credit score, you can do so through various credit bureaus in Nigeria, such as Credit Bureau Africa (CBA), CRC Credit Bureau, and Boafo, or through licensed lenders like Stanbic IBTC Bank and GTBank. Read my comprehensive guides on how to check Credit Reports on Credit Bureaus in Nigeria.

FAQs

Is Pocket App Real or Fake??

Pocket App, by Piggyvest, is a legit mobile money wallet. The app is licensed by the Central Bank of Nigeria (CBN) and all deposits are insured by the Nigeria Deposition Insurance Cooperation (NDIC).

Why is my Pocket App Restricted?

The possible reasons why your Pocket App might be restricted includes incomplete Know Your Customer (KYC) verification which is mandatory for full Pocket App functionalities. Another reasons includes suspicious activities such as unsual transactions within the app, and several unsuccessful login attempts especially from unknown locations. Violations of Pocket App terms and conditions and technical issues such as app glitches and server problems could also trigger account restriction. However, to resolve “Account Restricted” on the Pocket App, contact the support teams, check the app notifications, eviews your account settings for KYC updates and update the app if neccessary.

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How to make money on Pocket App?

There are several ways you can make noney from the Pocket App by Piggyvest. Some of them includes: crowdfunding using the Clique feature on the app, getting giveaways, using the Pocket App to sell unique services such as digital services, affiliate marketing and requesting of cash.

What is Pocket App Shop Escrow?

Escrow is a feature for Pocket App’s Sellers. It works in the sense that it stands as an intermidiary payment holder between buyers and sellers until they fulfills their due requirements.While Pocket Shop is a place where sellers showcase and sell their products, Escrow is a service that interferes in settlement to make sure the deal between seller and buyer go well.

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