The head of Agency Banking, Nigeria‘s leading payment service bank, MoneyMaster, Julius Arhebun, has disclosed that promoting financial inclusion is one of the service‘s core mandates.
He said this recently as the bank introduced a new 100MB data offer for every transaction made in the offer, which is available for Glo customers using the bank’s USSD banking code, *995#. The initiative is meant to incentivize the unbanked and underbanked population to ease the creation of their mobile wallet via its USSD banking platform.
He said the offer builds on the various financial education “we have been providing online and across our various customer touchpoints“.
He added, “With this new 100MB offer, we want to encourage Nigerians in the unbanked and underbanked pools to be financially included by having at least a mobile wallet. The account number of this mobile wallet is derived from their mobile number and can be easily recalled.”
MoneyMaster PSB is a leading provider of innovative digital financial products and services that transform lives and contribute to sustainable living. The PSB has the mission to deepen financial inclusion and has been instrumental in providing financial technology services to bridge the gap between the banked, underbanked and unbanked populations.
The payment service bank recently unveiled a 10 percent data bonus for existing and new customers on the Glo network for recharges of N1000 or more. The offer has been adjudged one of the best in the country based on the volume of data on offer to customers. The data purchases have a 30-day validity, while unused data can be rolled over upon the next plan subscription.