Funds adders, otherwise known as “Balance Adders” are mobile applications or online services tools that claim to add money to fintech accounts balance. These balance adders are not legit. They usually exploit vulnerabilities, generate fake balances, perform unauthorized activities and steal your financial data.
In other words, funds adders or balance adders are typically associated with scams, hacking, or fraudulent practices and are illegal. If by any chance you’ve come across someone offering to pay to get an app that’ll probably top-up your balances in an inappropriate way, please approach such person with extreme caution and skepticism.
In this article, I’m going to review to you the list of four most popular funds adder apps in Nigeria you must not fall victim of. These apps are scam and they cannot offer you any good, they will only extort your money and steal your personal information.
Balance Adder Apps in Nigeria
1. PalmPay Adder
PalmPay Fund Adder is a scam. There’s nothing like fund adder or balance adder in the PalmPay banking system. Hackers will tell you that the PalmPay Adder will generate or “add” money into PalmPay accounts without legitimate transactions.
This is fake, there’s no other method to fund PalmPay other than inter-bank transfers and through POS. Therefore, any attempt to manipulate balances using unauthorized methods is both unethical and illegal and you may face legal consequences.
PalmPay Funds Adder is designed to steal your money, personal information, or account credentials. Fraudsters often promise free money but instead compromise your account. They will tell you to activate the app and pay some certain money to get the activation code but at the end you will end up with your money gone, data stolen and malware spying on your phone.
2. Moniepoint Fund Adder
This is the latest scam that before Moniepoint. Before, the balance adder scam was only on PalmPay, OPay and Sportybet. But as Moniepoint surge in customer base and growth, fraudsters focus their target on the fintech company.
Moniepoint Funder Adder, like PalmPay Adder, is a scam. If you are looking to legitimately add funds to your Moniepoint account, it is best to use the official methods provided by the company, such as bank transfers, linked cards, POS or deposits via authorized cash deposits machines (CDMs).
People that fall victim of Moniepoint Adder later cry out that their promising fund adder app is not working. Keep to advise and stay cautious of anything that seems “too good to be true.”
3. OPAY Funds Adder
In the case of OPAY, many users have been trick to submit their login credentials into the hands of scams through the funds adder app. The OPay Fund Adder is the popular among the balance adder fake tools roaming around fintech platforms in Nigeria.
The fraudsters ask OPay customers to purchase an app that’ll literally top-up their wallet in an illegal way. After purchasing the app with their money, and try to login, they’ll be able to login and their login credentials will be stolen in the process of struggling to sign-in to the adder app.
Therefore, I beseech you to avoid and stay away from any app claiming to be “OPay fund adders.” They are fraudulent and pose significant risks to your money, personal information, and legal standing. It’s better to manage the little money your account than to lost it to fraud.
4. Sportybet Fund Adder
This illegitimate app has been existing right from the surge of Sportybet App. Users are promised with deposition of funds into their betting accounts without paying any penny. Meanwhile, they’ll be asked to purchase the adder app or an activation code to activate the app.
As you can see, all the funds adder apps (opay, palmpay, moniepoint and sportybet) have the same objectives which is adding funds to users’ wallets in an illegal way. Another objective of the adder apps is that it’s required a payment to download or a payment to get the app activation code.
At the end, user who fall victim get scammed, their financial information is stolen and even their money get lost in their account. In a nutshell, anything fund adder or balance adder app is a scam and you should avoid it by all possible means.
Have you fall victim of the balance adder or fund adder apps? Feel free to drop your experience in the comments section and let others learn from your lessons. Thanks.
