FirstBank Signs MoU with Etisalat on Mobile Money Service
FirstBank of Nigeria Plc and Etisalat Nigeria have signed an agreement to provide seamless Mobile money Financial Services to millions of Nigerians. The agreement signed recently in Lagos further strengthens the readiness of Nigeria for effective delivery of mobile money services. Speaking at the signing of a Memorandum of Understanding (MoU) , the two companies promised to combine their strengths to provide secure, convenient, affordable and user-friendly mobile financial services to all Nigerians through the use of mobile phones. Mobile Financial Services is the use of mobile phones either as an access to bank accounts, or as a bank account in itself, for account inquiry, mobile transfer, retail payments, micro insurance, savings remittances, mobile top-up, utility bill payments and government collections among others. Add caption Commenting on the initiative, FirstBank’s Managing Director/Chief Executive Officer, Mr. Bisi Onasanya said mobile financial services help ...