Categories: Markets

Access Bank, Verve Promote Cashless Transaction

Access Bank Plc has partnered Verve International to promote cashless transactions in the country.

The lender said the collaboration was designed to enhance customer education and financial inclusion.

The Head, Retail Channels, Access Bank, Uloma Ike, said a promo embarked upon in June by the lender would further expose its customers to various forms of cashless transactions.

She stated this shortly after the bank rewarded some loyal customers with various items in Lagos.

According to her, the promo will last for three months.

Ike announced that a grand prize winner of N1m would emerge from the maiden edition of the promo.

She said, “We have a promo that started in June 2016, and it’s running for three months; it will end in August. We have realised that we have a lot of customers who are still doing cash transaction whether it’s by Automated Teller Machine or across the counter.

“We have partnered Verve International to push cashless transactions, which are basically, Point of Sale and Web transactions. And we’ve got a lot of transactions because of that. It has also opened the mind of our customers to the possibilities of using your cards for other channels apart from the ATM.

While urging customers to participate in the ongoing promo, Ike said a lot of consolation prizes were available for customers to win.

“This for us is a way of thanking customers for choosing to bank with Access Bank. We want to reward them for their loyalty; they’ve been banking with us for a while and this is an opportunity to thank them, not just by email but also practically,” Ike added.

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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