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Business & Finance

Access Bank, Airtel Develop Mobile Banking Platform For Subscribers

Airtel and Access Bank
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As part of on-going efforts to deepen financial access in Nigeria, Access Bank in partnership with Airtel Nigeria has introduced Smart Savers initiative. The initiative will enable Airtel customers open bank accounts directly from their mobile phones without the bureaucracy and complexities of traditional banking.

The initiative, which kicked off on January 5, 2016 provides all Airtel subscribers who sign up, the opportunity to open a savings account from their phones. With the Smart Savers initiative, customers can enjoy real-time mobile banking services such as funds transfer to accounts in Access Bank and other Nigerian banks’ accounts.

It will also ensure quick airtime purchases, pay bills, view account statements/account balance enquiry and much more. In addition to providing customers a convenient platform through which payments of products and services can be made, the Smart Savers account allows Airtel subscribers save towards a target goal.

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Executive director, Personal Banking, Victor Etuokwu, said: “This is a way of leveraging the evolution of technology to bring fast and convenient financial services closer to Nigerians of all socio-economic classes. This initiative further re-iterates the bank’s commitment to financial inclusion and promotes the ongoing cashless policy campaign of the CBN.”

Chief commercial officer, Airtel Nigeria, Ahmad Mokhles, said Airtel was committed to providing innovative services that will empower and enrich the lives of its customers in line with its brand’s vision of connecting Nigerians to their dreams.

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