A serious licensed fee service financial institution, MoneyMaster Cost Service Financial institution (MMPSB) has continued to report development in its buyer base within the nation.
MMPSB is promoted and backed by Globacom, Nigeria’s main complete telecommunications options supplier.
MoneyMaster is concentrated primarily on the unbanked and under-banked with a view to deepen monetary inclusion in Nigeria.
Since launching its business operations in Might 2022, the financial institution’s consumer base has been rising exponentially with a whole lot of potential clients leveraging its digital channels comparable to USSD, cellular app and web banking to open accounts, purchase airtime and knowledge, pay utility payments and extra.
The financial institution attributed its constructive development to a number of improvements and companies it launched prior to now few months for the good thing about its clients throughout the nation.
In accordance with business sources, extra Nigerians are becoming a member of the financial institution to benefit from the big selection of companies on supply and conduct their monetary transactions with ease and with assurance of safety of their transactions.
The sources disclosed that there are at the moment over 4,000 billers on the MMPSB platform and that the quantity is rising every day.
Via the platform, clients are in a position to pay for a lot of important companies comparable to airtime, knowledge, electrical energy, cable subscription, and so forth.
Current and new clients are in for an thrilling time because the MMPSB continued to retool and reengineer for higher buyer expertise.
A number of new initiatives are additionally set to be unveiled to please clients.
MoneyMaster PSB was issued a licence by the Central Financial institution of Nigeria (CBN) in August 2020 and will facilitate fee and remittance companies inside Nigeria, settle for deposits from people and small companies, difficulty debit and pay as you go playing cards, function digital wallets, inbound remittances, and perform different companies in keeping with CBN laws.