First Bank of Nigeria Ltd. through its mobile payment solution FirstMonie has entered into a strategic partnership with the Nigerian Postal Service (NIPOST) to ensure enhanced access to convenient and reliable financial services by the un-banked and under-banked population in the nation.
The partnership which is the first of its kind will see FirstMonie serve as the platform for mobile financial services to people in host communities where NIPOST offices and agencies are located. With the Firstmonie service, which operates a simplified process that requires customer name and mobile telephone number, subscribers can perform mobile money account opening, cash deposits and withdrawals, and bills payments among others from their mobile phones.
According to the Head, Marketing & Corporate Communications, FirstBank, Mrs. Folake Ani-Mumuney, Firstmonie aims to leverage the widely accepted mobile technology to serve Nigerians with the most innovative financial services. “FirstMonie is available to the general public and is initiated by dialing *894# on MTN, Airtel, Glo and Etisalat lines or visiting https://www.firstmonie.com/iweb.and following the prompts. In addition to driving financial inclusion, FirstMonie supports wealth creation by providing opportunities for thousands of entrepreneurs who serve as merchants and agents instrumental to driving FirstMonie transactions,” she added.
It would be recalled that the Bank recently upgraded its FirstMonie App to facilitate faster access to the Firstmonie account directly from subscribers’ handheld devices. The App was upgraded to include mobile banking features that will enable FirstBank account holders access and transact directly from their accounts. FirstMonie app can be downloaded on to various mobile devices include iPhone, iPad, Android, Blackberry and all Java enabled phones.