Fairmoney USSD Code 2024

Fairmoney USSD Code: Fairmoney, a popular Nigerian fintech company, offers a convenient USSD code for its users to access some financial services without needing an internet connection. This guide dives deep into everything you need to know about the Fairmoney USSD code in 2024.

About the Fairmoney USSD Code

The Fairmoney USSD code is a unique string of numbers you can dial on your phone to perform specific actions with your Fairmoney account. It’s a handy alternative for those with limited internet access or who prefer a simpler way to manage their finances.

What is Fairmoney USSD Code

There’s one core Fairmoney USSD code for all functionalities: *566*15#. Once you dial this code, you’ll be presented with a menu offering various options. Here’s a glimpse:

1. Get Loan: This option allows you to request a Fairmoney loan directly through USSD.
2. Check Loan Balance: If you have an existing Fairmoney loan, you can check the outstanding balance through this option.
3. Repay Loan: This option facilitates repayment of your Fairmoney loan via USSD.

Important Note: While the core USSD code is *566*15#, the specific menus and options might change based on Fairmoney’s updates.

List Of All Fairmoney USSD Code in Nigeria

Currently, there’s only one unified Fairmoney USSD code (*566*15#) offering functionalities like requesting loans, checking loan balances, and repaying loans.

USSD Code	Function
*566*15#	Access Fairmoney USSD Menu (Loan, Balance Check, Repayment)

Fairmoney USSD Code for Transfer to bank account

Fairmoney doesn’t currently offer direct money transfers to bank accounts through USSD. However, you can conveniently top up your Fairmoney account using bank transfers or Quickteller.

Here’s how to add money to your Fairmoney account:

1. Open the Fairmoney app.
2. Tap “Add Money.”
3. Choose your preferred method (Bank Transfer or Quickteller).
4. If selecting Bank Transfer, you’ll see your Fairmoney account details. Copy the account number and initiate a transfer from your bank’s mobile app or online banking platform.
5. If opting for Quickteller, you’ll be provided with a Fairmoney Quickteller code. Visit the Quickteller website or app, enter the code, and proceed with the payment using your debit card.

Fairmoney USSD Code Not Working

If you encounter issues with the Fairmoney USSD code, here are some troubleshooting steps:

1. Check Network Signal: Ensure you have a strong network signal for a successful USSD transaction.
2. Restart Your Phone: A simple phone restart can often resolve temporary glitches.
3. Try Again Later: Sometimes, temporary network congestion can cause issues. Try using the USSD code again after a while.

If the problem persists, consider contacting Fairmoney customer care for further assistance (details in the following section).

Fairmoney USSD Code for Loan

As mentioned earlier, use the core Fairmoney USSD code *566*15# to access the menu. You’ll then see an option for “Get Loan.” Select this option to initiate a loan request. Follow the on-screen prompts to complete the loan application.

Remember: Your loan eligibility and terms will depend on your Fairmoney account history and creditworthiness.

Fairmoney Whatsapp Number

Fairmoney doesn’t currently have a publicly listed Whatsapp number for customer service. However, you can reach them through the following channels:

Fairmoney Customer Care Number Nigeria Lagos

For phone support, you can call Fairmoney’s customer care line at 07000 362 362 / 0201 700 1276.

Fairmoney Complaint Online

To submit a complaint online, you can visit the Fairmoney Help Center (https://fairmoney.io/contact/) and navigate to the “Contact Us” section. You can describe your issue and submit a complaint form.

FAQs About the Fairmoney USSD Code

Q: What is the USSD code for FairMoney loan?

A: The USSD code for FairMoney loan is *566*15#. Dial this code and select “Get Loan” from the menu.

Q: How can I borrow money with USSD code?

A: Use the Fairmoney USSD code *566*15# and choose “Get Loan” to initiate a loan request. Follow the on-screen prompts to complete the application.

Q: How do I check my FairMoney loan balance?

A: Dial 56615# and navigate the menu. You should see an option for “Check Loan Balance.” Select this option to view your outstanding loan amount.

Q: How to transfer money to FairMoney?

A: Fairmoney doesn’t offer direct money transfers through USSD. However, you can conveniently top up your account using:

• Bank Transfer: Open the Fairmoney app, tap “Add Money,” choose “Bank Transfer,” and copy your account number to initiate a transfer from your bank’s platform.
• Quickteller: In the Fairmoney app, select “Add Money” and choose “Quickteller.” You’ll receive a unique code. Visit the Quickteller website or app, enter the code, and proceed with the payment using your debit card.

Q: Which bank is FairMoney under?

A: Fairmoney isn’t a bank itself. It’s a fintech company that partners with licensed banks to provide financial services.

Q: How do I transfer money from FairMoney to another bank?

A: The Fairmoney USSD code doesn’t facilitate direct bank transfers. However, you can easily transfer money from your Fairmoney account to any bank account in Nigeria through the Fairmoney app:

1. Open the Fairmoney app.
2. Tap “Send Money.”
3. Choose “To Bank Account.”
4. Select the recipient’s bank and enter their account details.
5. Input the transfer amount and a description (optional).
6. Review the transfer details and confirm.

Q: How much is a FairMoney loan first time?

A: The loan amount you qualify for on Fairmoney depends on your creditworthiness and Fairmoney account history. New users typically qualify for smaller loan amounts that increase with a positive repayment history.

Q: What happens if I don’t pay my FairMoney loan?

A: Late or defaulted Fairmoney loan repayments can attract penalties and potential damage to your credit score. It’s crucial to repay your loans on time to avoid these consequences.

Q: How to get a quick loan from FairMoney?

A: Fairmoney’s USSD code offers a relatively quick way to request a loan. Dial 56615# and select “Get Loan.” Ensure you have a good internet connection on your phone for a smooth application process.

Q: What is the highest amount you can borrow from FairMoney?

A: The maximum loan amount on Fairmoney varies depending on your creditworthiness. Fairmoney typically starts with smaller loans for new users and increases limits for users with a positive repayment history.

Q: Can FairMoney take money from my bank account?

A: Fairmoney won’t automatically deduct money from your bank account unless you authorize a direct debit for loan repayments. You can set up auto-debit within the Fairmoney app for convenient repayments.

Q: How do I pay my FairMoney loan online?

A. You can repay your Fairmoney loan online through the Fairmoney app:

1. Open the Fairmoney app.
2. Tap “Loans.”
3. Select the loan you want to repay.
4. Choose “Repay Loan.”
5. Select your preferred payment method (debit card, bank transfer, etc.).
6. Enter the repayment amount and confirm the transaction.

Q: How to top up a FairMoney loan?

A: Unfortunately, “topping up” a loan in the sense of increasing the loan amount isn’t available on Fairmoney. However, you can repay a completed loan and then apply for a new loan for a higher amount (subject to approval based on your creditworthiness).

Q: How do you transfer money from your account to another?

As mentioned earlier, Fairmoney USSD code doesn’t handle direct money transfers. Use the Fairmoney app to transfer money to another bank account:

1. Open the Fairmoney app.
2. Tap “Send Money.”
3. Choose “To Bank Account.”
4. Select the recipient’s bank and enter their account details.
5. Input the transfer amount and a description (optional).
6. Review the transfer details and confirm.

Conclusion

The Fairmoney USSD code is a handy tool for managing your Fairmoney account, particularly for those without consistent internet access. Remember, the core USSD code is *566*15#, offering functionalities like requesting loans, checking loan balances, and initiating repayments. While direct bank transfers aren’t available through USSD, you can conveniently top up your Fairmoney account using bank transfers or Quickteller within the Fairmoney app.