Access Bank Plc introduced an offline banking platform, 901.ng, on Friday, aiming to revolutionize banking accessibility and foster financial inclusion across Nigeria.
The move comes amidst a significant rise in financial inclusion, reaching 74 per cent in 2023, up from 68 per cent in 2020. With the Central Bank of Nigeria targeting a further increase to 95 per cent by 2024, initiatives like 901.ng play a crucial role in bridging the gap.
Developed in collaboration with RemitPlus, a pioneer in offline banking solutions, 901.ng was unveiled at a launch event in Lagos. Access Bank highlighted the platform’s ability to redefine convenience and security in banking, ensuring seamless access to financial services even without internet connectivity.
Victor Etuokwu, Deputy Managing Director of Access Bank, emphasized the significance of addressing the challenges faced by individuals lacking reliable internet access. He stated, “Access Bank has developed this solution to empower our customers to bank securely, anytime, anywhere, irrespective of internet availability.”
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Njideka Esomeju, Group Head of Consumer Banking at Access Bank, underscored the bank’s commitment to innovation and customer satisfaction, stating that 901.ng sets a new standard for accessibility and security in the banking industry.
According to Oluremi Tinuolu-Gabriel, Head of Digital Channels at Access Bank Plc, 901.ng is a groundbreaking product designed to enhance the customer experience. He emphasized its unique capability to enable basic banking transactions with or without internet access, catering to diverse customer needs seamlessly.
Emeka Madu, CEO of RemitPlus, praised Access Bank’s dedication to innovation and its expansive customer base, positioning it as a leader in driving financial inclusion through technology. He emphasized the collaborative effort to bridge the digital divide and expand access to financial services.
Access Bank’s launch of 901.ng marks a significant milestone in the banking industry, signaling a commitment to leveraging technology to empower customers and drive financial inclusion nationwide.
