*says cashless policy will lead to employment of several youth
By Jacob Onjewu, Kaduna
A new mobile money product, M Cash will be launched by frontline banking agency, Bizi Mobile, will be launched on Monday at the ongoing Kaduna International Trade Fair.
This was disclosed by the MD/CEO Bizi Mobile Agency Banking, Alhaji Aminu Bizi, during a press conference at the fair’s venue on Kaduna-Zaria Highway on Saturday after the official opening ceremony, performed by the Deputy Governor of Kaduna State, Architect Barnabas Bala Bantex.
He said that M Mobile after its launch, will go a long way in reducing the suffering of rural dwellers where there are no banks, as they would be provided an alternative way of doing cash transactions.
“This unique product called M Cash, we are doing in synergy with Unity Bank. And even people without bank accounts can receive money from abroad through the use of reference numbers,” he added.
He said that his agency’s presence at the fair was to use the opportunity of visitors from all over the country to create awareness of the need to embrace the cashless policy because of its several advantages.
“We would be promoting the cashless policy which is coming into introduction from April 1, 2017. We will also teach people how to transfer money with their phones or other mobile devices from the comfort of their homes
Alhaji Bizi stressed that besides the M Cash, his agency has synergy with eight different banks whom they serve as agencies in different parts of the country.
Speaking further, he expressed optimism that when fully introduced, the cashless policy would be a huge employer of labour in the country where several graduates would be absorbed into.
“Right now in all our offices all over the country, we have employed several graduates and even masters degree holders and they are happy working with us,” he said.
