In line with its commitment to deepen financial inclusion and drive its digitization agenda, one of Nigeria’s most innovative financial institutions, Stanbic IBTC Holdings PLC, a member of Standard Bank Group, yesterday in Lagos, launched what it tagged the Stanbic IBTC @ease wallet.
Speaking at the launch, the Executive Director, Personal and Business Banking at Stanbic IBTC Bank, Mr. Wole Adeniyi, noted that the product is set to provide a unique range of financial services to the informally served, the underbanked and the unbanked on various structured platforms with the last 10 digits of a phone number.
“The Stanbic IBTC @ease wallet is a financial freedom vehicle for all Nigerians to access seamless financial services. This service is available to every Nigerian that can legally own a bank account. Following the product launch, there will be a series of Market and Campus Activations starting from – The Lagos International Trade Fair, where we will introduce an array of products to visitors and exhibitors at the fair,” he said.
Adeniyi added that Stanbic IBTC recognizes the daily complexities of living in a fast-paced digital society. Thus, Stanbic IBTC @ease Wallet covers a unique range of mobile financial transactions, which is intuitively designed around the needs of the average Nigerian.
The Stanbic IBTC @ease wallet affords customers the opportunity to access banking services such as interbank transfers, debit card issuance and card less withdrawals from Automated Teller Machines (ATMs) or the Agent Network, amongst others.
The launch of the service is a reinforcement of Stanbic IBTC Bank’s drive to support the federal government effort at deepening financial inclusion that will ultimately, drive economic growth.
With the launch, customers can open a Stanbic IBTC @ease wallet through Unstructured Supplementary Service Data (USSD) application- *909#; Stanbic IBTC @ease App and Agent locations nationwide.