MoneyMaster PSB deploys cutting-edge software for agency banking

Nigeria’s leading payment service bank, MoneyMaster PSB, has unveiled a cutting-edge agent banking software to enhance financial inclusion and transform its agency banking services.

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This innovative software offers a wide range of agency banking services, including bills payment, instant reversal of failed transactions, payment for lottery and betting, customers’ balance check, card linkage to POS and Transaction history from other channels.

The new software is seamlessly integrated with MMPSB’s core banking platform, providing an improved experience for agents, customers, and other stakeholders.

According to the bank, the software aims to deliver a “seamless banking experience” for customers using its POS terminals nationwide, who can henceforth also enjoy a wide range of banking transactions from a single point while improving revenue streams for Agents”.

With this deployment, MoneyMaster PSB has solidified its position as a leader in financial technology, offering cutting-edge solutions for POS terminal operations. Also as a pioneer in USSD banking, the bank has consistently expanded its banking channels, including mobile banking apps and internet banking.

MoneyMaster PSB remains committed to promoting financial inclusion among the unbanked and underbanked populations, while supporting businesses with innovative, customer-centric solutions. The bank’s seamless payment solutions on its POS terminals earned it a partnership with the Lagos State government for the Ounje Eko food discount mart, facilitating efficient payments during market days.