Stanbic IBTC Bank, a member of Stanbic IBTC Holdings Plc, has announced the introduction of the Stanbic IBTC MobileMoney App for smartphones running on BlackBerry, iOS and Android operating systems.
A statement by the bank on Tuesday said the move underlined its commitment to providing Nigerians with value-added products and services that suited their lifestyles, while giving them access to basic financial options via a secure mobile application wherever and whenever they wanted.
According to the Executive Director, Personal and Business Banking, Stanbic IBTC, Mr. Obinnia Abajue, the introduction of the mobile application is another step towards leveraging evolving technologies to bring affordable financial services closer to Nigerians, in line with the bank’s financial inclusion initiative.
He said, “When we unveiled Stanbic IBTC MobileMoney, we set out to deliver a service that can make a big difference in the lives of Nigerians by providing them with a fast and convenient means of sending and receiving money.
“Today, we are delighted that we have been able to deliver an app that supports the service by providing users with an instant suite of financial options on their mobile devices in a convenient and highly secure environment, and we plan to keep building on that.”
Abajue highlighted access to a means of secure financial management by individuals without bank accounts and lowered transaction costs of money transfer as key benefits of Stanbic IBTC Bank’s mobile app service.
“By enabling people to use their mobile phones as a tool for carrying out basic financial transactions, we hope to deliver long-term benefits for both our customers and the Nigerian economy,” he added.
The Head of Mobile Banking, Stanbic IBTC, Mr. Yinka Shorungbe, said, “We are continuously looking for ways to bring new and innovative products and services to our customers. Our customers are increasingly desirous of having access to financial services when and where they want it.
“So we have now given them a new service that meets that demand. As their needs evolve, so will the services and products that we offer them,” he stated.”