NewzOPay has officially clarified that it is not replacing phone numbers with standard account numbers for its users. The fintech company issued this statement to address public confusion regarding its account identification systems.
The misunderstanding likely originated from the introduction of the My BizPayment feature. This service provides business users with a distinct account number for commercial transactions, which may have been misinterpreted as a broader transition away from the phone-number-based account system used for personal accounts.
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