Glo-powered MoneyMaster Payment Service Bank (MMPSB), a leading payment service bank in Nigeria, has experienced substantial growth in its customer base following the introduction of new services. The surge in clientele underscores the bank’s commitment to innovation and customer satisfaction across the country.
Licensed by the Central Bank of Nigeria (CBN) in August 2020, MoneyMaster PSB offers a wide range of services including facilitating payments and remittances within Nigeria, accepting deposits from individuals and small businesses, issuing debit and prepaid cards, operating electronic wallets, managing inbound remittances, and adhering to CBN regulations.
With a primary focus on the unbanked and under-banked segments in Nigeria, MoneyMaster PSB commenced commercial operations in May 2022, swiftly attracting a growing number of customers. Utilizing digital channels such as USSD, mobile apps, and internet banking, hundreds of potential customers have embraced the convenience of opening accounts, purchasing airtime and data, and settling utility bills through MMPSB’s platforms.
Reports indicate a rising trend of Nigerians opting for MMPSB to access its diverse services and conduct financial transactions securely. Presently, the MMPSB platform hosts over 4,000 billers, a figure that continues to expand daily, enabling customers to conveniently pay for essential services including airtime, data, electricity, and cable subscriptions.
Looking ahead, MMPSB is poised to enhance customer experience further with upcoming initiatives aimed at delighting its clientele. The bank is committed to retooling and reengineering its operations to ensure seamless transactions and heightened customer satisfaction in the foreseeable future.