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Nigeria: Airtel subscribers to open bank accounts via cellphones (IT News Africa)

In an effort to deepen financial access in Nigeria, Access Bank in partnership with Airtel Nigeria has launched 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 campaign, which will kick off from January 5th, 2016 will provide all Airtel subscribers the opportunity to open a savings account for customers who sign up.
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; as well as make quick airtime purchases, pay bills, view account statements/ account balance enquiry and much more.

by Staff writer: IT News Africa

In addition to providing customers a convenient platform through which payments of products & services can be made, the Smart Savers account allows Airtel subscribers save towards a target goal.
Executive Director, Personal Banking, Victor Etuokwu, said “The Smart Savers initiative is designed to enable Airtel subscribers conveniently open and operate a savings account from the convenience of a mobile device. 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”.

Commenting on the initiative, Chief Commercial Officer, Airtel Nigeria, Ahmad Mokhles, said Airtel is committed to providing innovative services that will empower and enrich the lives of its customers in line with its brand vision of connecting Nigerians to their dreams.

“Airtel Nigeria is pleased to partner with Access bank on this exciting and innovative Smart Savers Initiative. Indeed, this is an important step in offering innovative, relevant, simple and practical solution that will improve banking experience for telecoms consumers,” he said.

Customers are encouraged to save a minimum of N10, 000 monthly in their Smart Savers account to qualify for the grand prize of a Hyundai i10 and other consolation prizes.
To open a Smart Savers account, customers may dial *903# from their Airtel lines.

Read More at IT News Africa 

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