Hottestgistnaija.com
Guaranty Trust Bank plc has successfully established its mobile money product as a preferred option for discerning users of alternative banking channels in Nigeria. The GTBank Mobile Money has recorded remarkable achievement in both the download and usage of the application as a result of the Bank’s penetration strategy and world-class partnership with major Telecommunication Companies in Nigeria. This development comes pursuant to a license granted by the Central Bank of Nigeria to the bank for the roll-out of mobile money services across Nigeria.
The GTBank Mobile Money service is a convenient, secure and affordable way of sending money using a mobile phone. The service can be accessed by users of smart phones through the various app stores or by downloading the Mobile Money application (“app”) from www.gtbank.com/mobilemoney. In addition, the Mobile Money app has been automatically installed on the SIM card of all Etisalat subscribers irrespective of phone type.
A distinctive feature of the GTBank Mobile Money service is its capacity to allow subscribers send cash to recipients that do not have bank accounts, and such recipients make card-less cash withdrawals from any GTBank ATM nationwide. All that the recipient needs is a mobile phone (any type) to experience the service.
GTBank Mobile Money Application operates on a user-friendly platform specially designed to enable multi-level services such as; phone to phone transfer of funds, airtime purchase, and bank account to mobile phone wallet transfer of funds amongst others.
Commenting on the development, Managing Director of GTBank, Mr. Segun Agbaje said “counting on GTBank’s robust Banking platform and advancement in the telecommunications industry, the mobile money initiative has gone a step further in bringing banking services closer to the population – especially the unbanked who are more likely to have a mobile phone than a bank account”.
Guaranty Trust Bank plc has remained at the forefront of banking product innovations since its inception. Its most recent introductions include its SMS banking which allows customers to request for their account balances, Nigerian Uniform Banking Account Number (NUBAN) and subscribe for transaction notification service through their mobile phones. The Bank also launched the GTBank Senior Account which avails free banking services to Nigerians aged 65years and above.
Established in 1990, the Bank operates from over 200 offices in Nigeria and banking subsidiaries in Cote D’Ivoire, Gambia, Ghana, Liberia, Sierra Leone and the United Kingdom.
The Bank was recently recognized as the Best Bank in Nigeria for the fourth consecutive year by Euromoney Magazine and the Best Bank in Nigeria by EMEA Finance, while its Managing Director was recognized as 2012 African Banker of the Year.
