FINANCE

Moneymaster Records Impressive Growth As More Customers Join The PSB

<h4>Moneymaster Records Impressive Growth As More Customers Join The PSB<&sol;h4>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> reports that with several innovation and services introduced in recent months&comma; as well as deployment of new technologies&comma; MoneyMaster Payment Service Bank &lpar;MMPSB&rpar;&comma; promoted and backed by Globacom&comma; has continued to record impressive growth in its customer base&period;<&sol;p>&NewLine;<p>Launched in May 2022&comma; with focus on the unbanked and under-banked in order to deepen financial inclusion in Nigeria&comma; MMPSB client base has been growing rapidly with new customers leveraging its digital channels such as USSD&comma; mobile app and internet banking to open accounts&comma; buy airtime and data&comma; pay utility bills and more&period;<&sol;p>&NewLine;<p>Industry sources attributed the influx Nigerians to the bank to their desire to enjoy seamless services on offer and also to conduct hitch free financial transactions&period;<&sol;p>&NewLine;<p>According to the source&comma; &&num;8220&semi;There are currently over 4&comma;000 billers on the MMPSB platform and that the number is growing on a daily basis&period; Through the platform&comma; customers are able to pay for many essential services such as airtime&comma; data&comma; electricity&comma; cable subscription&comma; etc&period;&&num;8221&semi;<&sol;p>&NewLine;<p>The PSB also assure its existing and new customers of unique banking experience as it prepares to unveil several new initiatives to delight them&period;<&sol;p>&NewLine;<p>MoneyMaster PSB can&comma; by virtue of their licenses issued by the Central Bank of <a href&equals;"https&colon;&sol;&sol;www&period;vanguardngr&period;com&sol;">Nigeria<&sol;a> &lpar;CBN&rpar; in August 2020 facilitate payment and remittance services within Nigeria&comma; accept deposits from individuals and small businesses&comma; issue debit and prepaid cards&comma; operate electronic wallets&comma; inbound remittances&comma; and carry out other services in line with CBN regulations&period;<&sol;p>&NewLine;<figure id&equals;"attachment&lowbar;22735" aria-describedby&equals;"caption-attachment-22735" style&equals;"width&colon; 300px" class&equals;"wp-caption alignnone"><img class&equals;"size-medium wp-image-22735" src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2023&sol;10&sol;glo-799x445-1-300x167&period;jpg" alt&equals;"Moneymaster Records Impressive Growth As More Customers Join The PSB" width&equals;"300" height&equals;"167" &sol;><figcaption id&equals;"caption-attachment-22735" class&equals;"wp-caption-text"><em><strong>Globacom&comma; promoter of Moneymaster<&sol;strong><&sol;em><&sol;figcaption><&sol;figure>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;

Openlife Reporter

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