Street Banking is a patented POS based solution that provides a secure convergence of cash to electronic funds bringing the essential light banking services of payment and banking under one roof at merchant locations so that customers can conveniently Deposit cash (i.e. load their prepaid cards), Withdraw cash from the POS, and Transfer funds using the POS at merchant locations).
This community based model uses existing merchants within same community who are known and trusted by the community.
It is for the unbanked, under-banked and underserved segment in the lower end of the financial inclusion pyramid which constitute majority of the informal sector of the Nigerian economy.
The Street Banking solution is unique, innovative, and brings banking closer to the people as it allows for both standard banking & payment transactions to take place on POS terminals and easily accessible in communities that Nigerians are used to.
Drive deposit growth and wallet share with Street Banking. This POS and web based banking solution can help you increase customer retention, reduce costs, build wallet share, support your business and retail strategies, and offer you more cross-sell opportunities.
Banking SolutionsStreet Banking