Digital and Innovations

MoneyMaster PSB brings financial inclusion to Ojude Oba Festival with Mobile Wallet Promotion

MoneyMaster Payment Service Bank Limited (MMPSB), a leading payment service bank, is participating in the 2024 Ojude Oba Festival to promote its mobile wallet, which streamlines banking transactions in Nigeria.

 

The bank, licensed by the Central Bank of Nigeria and insured by the Nigeria Deposit Insurance Corporation (NDIC), aims to further financial inclusion in line with the Nigerian financial literacy initiative driven by the Central Bank of Nigeria.

 

With Moneymaster, Nigerians can open mobile wallets, savings account, individual and business accounts to make payments, buy airtime, pay utility bills to over 4,000 companies.

 

It was recently appointed a payment partner to the Ounje Eko initiative by the Lagos State government in its bid to provide discounted food items to residents of the state amidst rising cost of food items. Moneymaster is positioned to support individuals and businesses in their journeys towards financial prosperity by offering bespoke financial services that meet their aspirations.

 

In a press release issued at the weekend, Moneymaster said it is rounding off a month-long market activation, engaging indigenes and residents of Ijebuland to come onboard its digital banking platform – mobile wallet. Moneymaster mobile wallet avails customers the opportunity to transfer or withdraw cash from an agent, buy airtime and pay utility bills, the statement explained.

 

It added that during this month-long activation, customers in Ijebuland who open an account stand a chance of winning free airtime amongst other gift items.

 

The PSB further said that the drive towards a cashless economy can become a reality when more and more Nigerians embrace mobile wallet so as to help them cultivate a more convenient savings habit and also enable them engage in banking transactions with ease.

 

“While we rejoice with the people of Ijebuland at this time, we also want to showcase what we have in Moneymaster’s mobile wallet that can help various people to enjoy seamless banking from their phones,” the statement said.

 

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