BVN Scam is not about BVN
BVN Scam is not about BVN A lot of legitimate organizations ask for BVN but a lot of people are panicky because of the Notorious BVN scams. Now heres what you need to know about BVN I'm taking time to make this explanation because of some people that want to learn. 1. BVN is a number that ideally could be traced to you. Its a form of identification mechanism. It is similar to an ID card. The number is similar to the number on your drivers license, or your international passport. 2. The BVN is linked to your bank account just like you link an ID card to your bank account, just that its the central bank that now act as the authentication agency. 3. Government agencies prefer to ask you to provide BVN for various reasons, two of which are for the following reasons A. Because BVN seems to be the only national ID method in Nigeria that offers an API where you can authenticate user data with what is on file. B. BVN itself is government-backed so any government age...