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Nigeria’s leading payment service bank, Moneymaster Payment Service Bank Limited (MMPSB), is set to participate in this year’s Ojude Oba Festival in Ijebu Ode, Ogun State. The Ojude Oba festival, an annual event held on the third day of Eid-al-Kabir, features a spectacular parade of different cultural age groups paying homage to the Royal Majesty, the Awujale of Ijebuland.
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Licensed by the Central Bank of Nigeria (CBN) and insured by Nigeria Deposit Insurance Corporation (NDIC), Moneymaster PSB promotes financial inclusion as part of the Nigerian financial literacy initiative driven by the CBN. The platform allows Nigerians to open mobile wallets, savings accounts, individual and business accounts, and make payments to over 4,000 companies.
In anticipation of the festival, Moneymaster launched a month-long market activation campaign, engaging the people of Ijebuland to onboard them onto its digital banking platform, the mobile wallet. With the Moneymaster mobile wallet, customers can transfer money, withdraw from an agent, buy airtime, and pay utility bills with ease.
During this activation period, new customers in Ijebuland who open an account will have the chance to win free airtime and other gift items. The company’s statement highlights the importance of mobile wallets in achieving a cashless economy, enabling convenient savings habits and simplifying payments.
“While we rejoice with the people of Ijebuland at this time, we also want to showcase what we have in Moneymaster’s mobile wallet that can help various people to enjoy seamless banking from their phones,” the statement noted.
Additionally, Moneymaster was recently appointed a payment partner for the Ounje Eko initiative by the Lagos State government, aimed at providing discounted food items to residents amidst rising food costs. Moneymaster is committed to supporting individuals and businesses in their financial journeys by offering tailored financial services to meet their needs.
