A banker, Solomon Ijegu has applauded the introduction of Mobile Money Service, saying it will change the face of communication and financial services in Nigeria.
Ijegu made the commendation on Wednesday during an interview with The Tide in Port Harcourt.
He said that Mobile banking is innovative, easy to use, convenient and very secure and will take banking to the previously unbanked and open a wide range of benefits and value added services to the unbanked sector, including corporate, small and medium sized enterprises (SME's) and individual users, as well as provide a new and exciting experienced to customers.
culled from : The Tide news online
http://www.thetidenewsonline.com/2011/12/28/banker-applauds-mobile-money-service/
Analysts estimate that as many as two thirds of mobile phone users in Nigeria do not currently access formal financial services majority of them living in rural communities and fringe urban areas.
Ijegu who is also a Charted Accountant noted that the use of mobile money products will improve the quality of peoples live and also encourage banking as opposed to storing ones earnings in cash. "Mobile Money is a new financial product targeted at the unbanked and banked, which allows the sending and receiving of money across the country with ease", he explained.
He added that the mobile money is the fast, safe, easy and affordable way to send and receive money and pay for goods and services using cell phones.
He enjoined customers to embrace the new innovative moves to better the lot of the unbanked and improve the financial transaction system in Nigeria.
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