Parallex eToken vs Altpro mobile

The PARALLEX eToken is a mobile app that generates One Time Passwords (OTPs) to verify electronic transactions. An OTP is a secure and automatically generated string of characters that confirms the user's identity during login or when completing electronic transactions. Electronic transactions, such as web, internet banking banking activities, often require the input of digit codes generated by the PARALLEX eToken app. To activate the PARALLEX eToken, simply login to the PARALLEX Token app with your Parallex Online Banking credentials. Once logged in, Click on Get started -Register Token -Enter Account Number -Select Corporate Customer -Click on Register - the app will authenticate your mobile phone and generate serial number and Activation code _ Create pin and confirm pin Once the app is activated, you can create a unique 4-digit PIN for logging into the application and enjoy 24/7 banking services. SERVICE TO CUSTOMERS AND INFORMATION You will be charged N2,500 + 7.5% VAT for the first time you activate your token. However, in accordance with the Central Bank of Nigeria's directive, this is a one-time charge for your token. Any additional reinstallation or reactivation will be free. For further enquiries about the PARALLEX eToken, you can visit www.parallexbank.com or send an email to customercare@parallexbank.com or call us on 070072725539.. Note: To ensure the security of your OTP, never disclose the OTP code to anyone.

AltPro offers a robust Corporate Internet Banking experience, for non-individual clients, corporate, commercial, public, and private institutions. This application allows users to carry out various business payment transactions on the go with a top-notch user experience, guaranteed security using recent 2FA technology on a mobile device. Features and Benefits: Security Access to accounts on a mobile device, and transactions are secured with 2FA mobile/hard token authentication. Accounts View real-time account balances and monitor recent inflows and outflows in an account(s). Single Transfers Pay suppliers, vendors, and associates by transferring funds to accounts in Sterling or Other Banks. Multiple Transfers Pay multiple beneficiaries at once, such as paying staff and workers’ salaries/wages with the multiple transfers features by stacking transactions and authenticating with a single token input. Request Transaction Receipt Generate transaction receipt for transactions and share them with beneficiaries as evidence of payments. Transaction History View history of recent transactions carried out on your account(s). Request Statement Request account statements for a range of 12 months and the system would send them to your email. Request POS Statement POS owners can request POS statements on the go and have them sent to your email. Account Sweep Schedule automated account sweeping at your preferred frequency to regularly sweep funds from collections accounts to the main account at preferred intervals. Reports Generate transaction reports for easy reconciliation of accounts. Manage Beneficiaries Save frequent transaction beneficiaries, to easily select them for future transfers. Set Approval Level Customer Admin can setup transaction approval flow for various transaction types for organizations with multiple users. Multiple Users Access All users created on the account profile can have access to their user profiles on their devices to perform their defined roles easily and conveniently. Approvals Users with approver roles can easily view, approve, or reject transactions pending for their approval all on the go.