What is Hope PSBank and how does it work?

Hope PSBank is Nigeria's premier digital-first payment service bank, offering personal accounts with no hidden charges and secure transactions. It works by leveraging digital technologies for inclusive financial services; you can activate the Hope Wallet via 5699# and open a free account in four steps.

How much does Hope PSBank cost?

Opening and using a basic Hope PSBank account is generally free, although specific transaction or service fees may apply depending on the activity (like transfers or cash withdrawals), but detailed published pricing isn’t widely listed publicly.

What countries does Hope PSBank operate in?

Hope PSBank operates in Nigeria.

How do I sign up for Hope PSBank?

Visit the Hope PSBank website and use the registration page to open a free account in four steps.

Does Hope PSBank have a mobile app?

Yes, Hope PSBank is available on iOS and Android.

Who is Hope PSBank best suited for?

Hope PSBank is best suited for individuals and small businesses in Nigeria who want accessible, affordable digital banking and payment services using their phone or online without needing a traditional bank branch.

How do I contact Hope PSBank support?

You can contact Hope PSBank support via email at customercare@hopepsbank.com.

Does Hope PSBank have a plan for teams or businesses?

Yes. The bank supports business-oriented accounts and services (business banking, POS acceptance, agents network, business payments).

Hope PSBank

Rating: 5
Author: mansiradamu

🇳🇬 Nigeria

A digital-first Nigerian payment service bank for individuals and businesses to open accounts, use USSD wallets, transfer money, buy airtime/data, and pay bills.

Use it on:Web Android· 3.1 iOS· 3.1

Is Hope PSBank right for you?

Best for

Nigerian individuals
Small Nigerian businesses
Phone number transfers
USSD banking users
Agent-led cash users

What it does well

Open bank accounts
USSD wallet access
Phone number transfers
Airtime and data topups
Bill payments

Things to check

POS rollout locations
Agent network reach
Business account features
Payment gateway options
USSD code requirements

Hope PSBank (Hope Payment Service Bank Limited) is a digital-first payment service bank in Nigeria that serves individuals and businesses that want mobile-led banking, transfers, and everyday payments.

Key capabilities include:

Free account opening with a fast registration flow (opened in 4 simple steps) and a personal account with no hidden charges.
Hope Wallet via USSD (dial 5699#) for a multipurpose wallet that supports ATM, POS, Web, and P2P transactions, using a phone number at the point of transaction.
Money transfers and receiving funds by transferring to a phone number, with support for sending money to and receiving money from bank accounts.
Airtime/data purchase and bill payments through the website, mobile app, or USSD, with multiple billers available for online bill settlement.

Available on Web, Android, iOS, and USSD (5699#).

It targets consumers and Nigerian businesses that need digital banking services, plus agency banking for individuals, unregistered businesses, registered companies (including sole proprietorships, partnerships, cooperative societies), and corporates with distribution networks.

Notable in the Nigerian market context for combining account opening, USSD-based wallet access, and phone-number-led transactions across common payment channels (ATM, POS, and online), which supports access for users who rely on mobile-first banking.

As of Jun 22, 2026, Hope PSBank is rated 3.1 on the App Store from 10 reviews and 3.1 on Google Play from 40 reviews with 10K+ installs.

Phone:+234 1 227 2871

Social Links:

Categories:

Fintech

Features & Business Model:

agent-network b2b2c banking bill-payments mobile-money neobanks payment-gateway pos ussd

Frequently Asked Questions About Hope PSBank

Recent Reviews for Hope PSBank

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mansiradamu

NG · 2 reviews

Jun 2, 2026

As a digital-first payment service bank, it makes it easy to handle transfers, payments, and basic banking needs directly from my mobile device without unnecessary stress or complications.