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Diamond Bank, Appzone to launch branchless banking


Diamond Bank has partnered with technology company, Appzone, to ease financial services and to promote inclusive banking and the cashless policy.

BankOne,a mobile banking application that allows instant account opening and registration was implemented by Diamond Bank acquire and easily migrate all mass market accounts to deliver improved services to customers.

According to Appzone the  banking product offers target customers with “branchless” access to basic financial services via more than 10,000 ATMs nationwide as well as through many mobile agents.

Under the plan, the pilot phase of this valve added service will see agents being deployed on the street of Lagos with fully armed mobile phones equipped with BankOne mobile banking application that enables them open bank accounts on the field and issue instant debit.

A range of value added services including mobile banking, inter-bank transfers and bills payments will also be available to customers, the companies said.

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Kolade Akinola Technology Journalist at Technology Times Mobile: + 234 (0) 807 401 6027

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