9PSB, See Reasons Why You Should Bank On It!

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In November 2020, Nigeria welcomed a groundbreaking addition to its financial landscape – 9PSB, the country’s first and foremost digital payment service bank. 9PSB has set out to revolutionize the way banking services are accessed and utilized, offering a computerized version of everything traditional banks provide.

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One of the defining features that sets 9PSB apart is its unwavering commitment to inclusivity and accessibility. This forward-thinking institution operates a privately-owned agent banking network and functions as a fully digital bank. The essence of 9PSB lies in its universal appeal, extending seamless access to both online and offline digital banking services to every Nigerian.

Unlike MoMo PSB and Smartcash PSB, 9PSB adopts a network-agnostic approach. This means that customers can open an account with 9PSB using any telecom network of their choice, making their phone number serve as their account number. This ingenious innovation simplifies the account setup process, ensuring that it is accessible to a wide range of individuals, regardless of their network preferences.

Moreover, financial inclusion is more like a social goal required to combat poverty, maintain social harmony and to address income disparity. As a result, the bank is assisting in the provision of simple, accessible, and inexpensive financial services through strategic relationships with key stakeholders in many sectors.

Your Expectations from 9 payment service bank

9PSB is similar to traditional banks in that it provides essential financial services, including the purchase of airtime/data bundles, deposits and withdrawals of cash, payment of bills, and various other financial obligations.

The company additionally, employs a scalable and sustainable agent banking approach In order to cover the last mile. Through these well-trained and well-supported agents and partners, the bank offers local banking centers to every rural and urban areas of Nigeria guaranteeing that financial services are provided to all Nigerians’ doorsteps regardless of their location.

How to Become a 9PSB Agent

Becoming a 9PSB agent offers an opportunity to earn money while providing essential financial services. To qualify, agents must meet specific requirements:

  • The ability to read and write is required.
  • NIN/BVN Number
  • An acceptable method of identification. (An ID card, a voter card, an international passport, and a driver’s license are all required).
  • Passport photo
  • A bank account and a minimum of N50,000 in start-up funds are required.
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There are numerous additional ways to make money on the platform. You may find out more on this page.

How to Sign Up for a 9PSB Account

Opening an account with 9PSB is quick and straightforward. Just dial *990# to initiate the process and follow the on-screen instructions to create your account. Two types of accounts are available – 9ra Instant and 9ra Save.

To open a 9ra save account, however, you must first download the mobile application and then join their save and earn program.

Which Telecommunications Firm is 9PSB under?

Despite the name “9PSB” the bank is not operated by the 9mobile telecommunications corporation; it is an independent entity. However, there is a possibility of future partnerships with 9mobile.


The Central Bank of Nigeria (CBN) launched the National Financial Inclusion Strategy in October 2012 to reduce the percentage of Nigerians excluded from financial services from about 45% to 20.0%. The development of Payment Service Banks was a vital component of this strategy, aimed at breaking down traditional barriers to financial inclusion. 9PSB has played a significant role in helping CBN achieve this goal, bringing low-cost, convenient, and secure financial services to a broader segment of the Nigerian population.


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