A financial institution, MoneyMaster Payment Service Bank, has introduced a new initiative where customers receive 100MB of data with each transaction made.
The bank announced that the data offer aims to encourage unbanked and underbanked individuals to create a mobile wallet through their USSD banking platform.
Julius Arhebun, the Head of Agency Banking at MoneyMaster, emphasized the bank’s commitment to promoting financial inclusion through this data offer, aligning with their goal of providing financial education and services to a wider audience.
The bank, known for its innovative digital financial products, seeks to bridge the gap between different segments of the population by offering services that cater to the banked, underbanked, and unbanked groups.