Thursday, February 25African Business News
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Tag: Branka Mracajac

9PSB targets 6m subscribers in first year of take-off

9PSB targets 6m subscribers in first year of take-off

Business
Payment Service Bank (9PSB), towards reaching more unbanked Nigerians and providing a more convenient way of banking, officially launched its platform in Lagos, with the promise to have six million subscribers in the next 365 days on its system.  This follows the Central Bank of Nigeria (CBN), final approval to 9PSB to commence operations in fostering financial inclusion drive in the Nigerian ecosystem in August 2020. The debut of the platform becomes imperative as bank customers continue to encounter numerous challenges such as regular long queues in the banking halls, consistent network failure, stringent documentation to access credit facilities, and frequent transaction/dispensing error, among others. Speaking during the launch, CEO, 9PSB, Branka Mracajac, said the se...