9PSB is Nigeria’s first and foremost digital payment service bank, established in November 2020. This bank provides a computerized version of everything that traditional banks offer. The company operates a privately-owned agent banking network and operates as a fully digital bank. Essentially, this organization is for everyone and offers smooth access to both online and …
The MoMo Agent service is provided by yello digital financial services (YDFS). Furthermore, the YDFS is a subsidiary of MTN Nigeria, Africa’s largest provider of communications services. MoMo PSB provides an easy way to transact, especially in a state where banking infrastructure and internet access are limited, allowing people to easily transfer money, pay for …
A Payment Service Bank (PSB) is a kind of banking system that provides a limited range of banking services and operates as a payment system provider. Several things set payment service banks apart from typical banks. For instance, PSBs cannot open current accounts, lend money, or issue credit cards in contrast to ordinary banks. They are also …
Smartcash PSB (Payment Service Bank) LTD is an Airtel Africa PLC subsidiary. It was established in 2022 following the Central Bank of Nigeria’s approval to realize its financial inclusion goal for all Nigerians, particularly the unbanked and underbanked. SmartCash PSB wallet supports Person-to-Person payment service (P2P), which allows individuals to send and receive money from …
MoneyMaster PSB is a subsidiary of Globacom telecommunication company. MoneyMaster Payment Service Bank Limited was properly granted a license by the Central Bank of Nigeria to operate as a digital bank providing services for financial inclusion on September 27, 2019, and it was registered as a private limited liability company. MoneyMaster payment service bank began …
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You may be familiar with vtu or its colloquial name, “recharge and get paid.” But wait! Have you come across these 10 VTU websites that aid cash back when subscribing to services we are already used to? VTU is short the short term for virtual top-up. It is merely a way for a vendor to …
