Chinenye Anuforo
FirstBank
of Nigeria Limited has disclosed that its 894 banking scheme recorded
over N1 trillion worth of transactions with over N3 trillion worth of
transactions projected to be processed this year alone.
The 894 quick banking, a USSD based
channel that enables customers to access banking services using any type
of phone and without data/internet is the fastest growing USSD scheme
in the market. It grew by about 250 per cent in 2017 to over 4.5million
customers with a target of over 6.5million before the end of this year.
Customers who use 894 are able to check
their balance, send/transfer money to any bank account in Nigeria, buy
airtime for themselves and for their loved ones, confirm payments (up to
last 5 transactions), open accounts, and do lots more.
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