To boost its role in the bank-led mobile money system in Nigeria, Teasy Mobile Money, has launched its mobile payment services in Zamfara State, fulfilling its mandate in facilitating the cashless policy initiative in Nigeria Central Bank of Nigeria (CBN) licensed Teasy Mobile Money to ensure that all Nigerians have access to banking services to engender financial growth and empowerment among the citizens.
While addressing some of the branchless banking agents in Zamfara state, the Executive Director, Teasy Mobile Money, Agbolade Odunyemi noted that “this is a major achievement not just to our organiSation, but to the financial industry as a whole”.
According to Odunyemi, the supply and demand for financial services in the country has not been the best as supply has not met demand in some regions.
He explained that with the branchless banking initiative, people in the state will have easier access to financial service through the use of their mobile phones and branchless agents close to them across all local government areas of the state.
He disclosed the mobile payment service company will be taking this initiative to every part of the country as it already have agent points in Lagos, Abuja, Adamawa and Kano.
“ It is our belief that providing easy ways for people to do financial transactions will help improve the citizens’ businesses and the economy at large,” he said.
The Zamfara initiative is being done in collaboration with Asmali Investments, a Gusau based Agent Network Management firm; and other national partnerships that Teasy has garnered.