Bayment - How to Deposit to Your Bayment Wallet in Ethiopia

Why Deposit to Your Bayment Wallet?

After successfully verifying your account, the next step to start your journey with

Bayment is depositing funds into your wallet. This will unlock the full potential of

our app, allowing you to make payments, send money, and more. Let’s walk

through how to deposit to your Bayment wallet.

Step 1: Open the Bayment App

First, open the Bayment app and go to the home page. Once there, press the

"Deposit" button to start the process.

Step 2: Enter Your Deposit Amount

Next, write down how much you want to deposit. The minimum deposit is $3, and

the maximum for a new user is $50,000. After entering the amount, choose the

deposit option that suits you best. Bayment offers a variety of options, including

mobile money, bank transfer through P2P technology, cryptocurrencies, and even

Binance Pay.

Step 3: Choose the P2P Bank Transfer Option

For the sake of this blog, we’ll be using the Bank Transfer P2P option. The P2P

market allows you to deposit using any bank, from anywhere. Once you’ve

selected this option, press "Confirm."

Step 4: Select Your Preferred Seller

Next, you’ll need to choose a seller. Before continuing, we want to assure you that

our P2P market is highly secure and regulated. We hold the seller's funds and

automatically release them to your account when the seller confirms they’ve

received your payment. You can choose a seller based on their bank, price rate,

and other criteria. Once you’ve found the right seller, press the "Buy" button.

Step 5: Transfer the Funds

You’ll now receive the seller’s bank information based on your preferred bank

option. Transfer the specified amount to that bank account and attach the receipt

image in the chat. Then, press "Transferred Funds."

Step 6: Wait for the Seller to Release the Payment

Now, just sit back and relax. The seller will release the payment to your Bayment

wallet. On average, Bayment P2P sellers release funds within 4 minutes, so you

won’t have to wait long.

And just like that, you can deposit funds to your Bayment wallet from any bank,

anywhere in the world!

Need Help?

If you face any issues or have questions during the process, our support team is

here for you 24/7. You can reach out via email at [email protected] or use the

live chat feature in the app by pressing the support button. We’re always happy to

assist you!