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Access Bank Plc has unveiled an offline banking platform to provide customers with an additional channel to carry out their transactions and boost financial inclusion in the country.
This development by Access Bank is followed by the Central Bank of Nigeria's 95 per cent target in 2024.
The idea was launched in collaboration with RemitPlus, which has been championing offline banking in the country.
Rocketparrot News reports that financial inclusion in Nigeria has increased to 74 per cent in 2023, up from 68 per cent in 2020.
Access Bank at the launch of 901. ng an offline platform held in Lagos, said the solution was aimed at redefining convenience and security in banking, ensuring uninterrupted access to financial services even in the absence of internet connectivity.
The Deputy Managing Director of Access Bank, Victor Etuokwu, stated that in today’s fast-paced digital age, connectivity is often taken for granted. However, millions of individuals worldwide still face challenges accessing online banking services due to various reasons, such as poor internet infrastructure, remote locations, or security concerns. “Recognising this gap, Access Bank has developed this solution to empower our customers to bank securely, anytime, anywhere, irrespective of internet availability.
“We are committed to leveraging technology to enhance the banking experience for all our customers. With the introduction of our offline banking platform, 901. ng, we are breaking barriers and empowering individuals and businesses to manage their finances with confidence, even in offline environments.”
The Group’s Head of Consumer Banking, Access Bank, Njideka Esomeju, also, said that the lender’s offline banking platform, 901. ng reaffirmed one of the bank’s core values – innovation, setting a new standard for accessibility and security in the banking industry.
