Patricia Technologies Ltd addresses CBN circular’s impact, partners with VAUNT

Addressing the CBN circular’s impact on her service and partnership with foreign payment solutions company, Vaunt.


The recent CBN circular of February 5th, 2021 to Deposit Money Banks (DMBs) to desist from transacting in/and with entities trading cryptocurrencies has dramatically impacted how we conduct business. On this note, we want to assure all of our customers of the funds’ safety in their respective Patricia wallets.

We understand that there have been challenges and limitations concerning our ecosystem. This policy has had a ripple effect on other services like Airtime2Cash, Refill Services & Gift cards buying and selling.

We have gone ahead to seek solutions that would address our customers’ urgent needs, and we would be rolling them out in the coming days. One of such solutions is our partnership with VAUNT; a foreign payment solutions provider with the sole goal of making money transactions easy, seamless & faster than ever before. VAUNT pioneered its service with its Peer-to-Peer (P2P) payment gateway, which will ease the current strain and challenges they are experiencing and more payment solutions to be introduced to the Nigerian and African market.

We are aware that our customers have been unable to send out their BTC assets and we are working hard to restore this service. We have always been committed to security within our ecosystem; this is why we are heavily invested in rigorous testing to ensure we nip any and every potential risk in the bud before it even occurs. On or before Friday, 26th of February 2021, we will see this service return to optimal capacity after implementing the system upgrades.

We are also very concerned about the potential fraud that can happen as everyone is in a panic state to liquidate their assets and get an instant cash value. We advise that our customers observe the highest levels of security when conducting external trades.

As earlier mentioned, we have plans to roll out other solutions that would make the experience of our customers more effortless than ever. On or before Friday, February 26, 2021, we will unveil the new entity responsible for our Gift cards, Refill & Airtime2Cash services; we would be decentralizing the ecosystem and ensuring other services we render are no longer affected by this policy. They can continue to enjoy the trusted services they have come to know and love. We guarantee improvement on the level of service our customers have come to know and will continuously improve on our commitment and promise.

We take full responsibility for our customers’ challenges with the beta testing of the P2P withdrawal method. We are reassuring you that we are fully committed to fulfilling our promises to you, and we want you to trust us as you have done over the years, we are working hard and fast to ensure all of these challenges are of distant memories.

Thank you for choosing Patricia and keep doing the most.

For more information and inquiries, please contact our support center

Yours sincerely,


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