Airtel Africa Plc has announced its payment service bank subsidiary, SmartCash, in Nigeria.
The telecommunication company said the smartcash payment service bank will be provided at select retail locations at first, with operations gradually expanding across the country within a short period of time both in urban and rural areas.
Speaking at the launch, the Chief Executive Officer (CEO) of Airtel Africa, Segun Ogunsanya, said: “I am very excited to announce our commencement of operations for financial services in Nigeria through SmartCash PSB. This is the beginning of our journey to revolutionise the financial services landscape in the country.
” To help further digitise the economy, and most importantly to help bank the unbanked by reaching the millions of Nigerians who do not currently have access to financial services by delivering current and savings accounts, payment and remittance services, debit and prepayment cards and more sophisticated services.”
PremiumNews reports that the telecommunications company advised users of service to download the app while USSD code is *939#.
