Mobile money operators rally support for Glo Xchange

Globacom03Banks and mobile money operators partnering with Globacom for the implementation of a seamless mobile money service in the country have commended the telecom operator for its commitment to driving financial inclusion in Nigeria.

The partners who spoke in Lagos at the commercial roll out of Glo Xchange agents in Lagos recommitted themselves to the success of the project.

The representative from the Ecobank, Yinka Shorungbe, disclosed that the Glo Xchange mobile money super agent network will bridge the existing gap in the financial sector.

“This is true financial inclusion and this is the first time we are getting it right,” Shorungbe said.

He pledged that the mobile money platform would soon be extended to customers in Diaspora to facilitate offshore money transfers.

In her own comments, Stanbic IBTC’s Network Manager, Chioma Okoye, described Globacom’s intervention as amazing.

“What we really need for mobile money to work is a ubiquitous mobile money agent network and this is what Glo has provided.”

She pledged the commitment of IBTC to the Glo Xchange project until the financial inclusion goal is attained.

First Bank’s Agent Management and Mobile Financial Services Department, Nnenna Igbani, pledged the continuous support of First Monie for the Glo Xchange mobile money project.

Answering a question from a customer about the affordability of the service, Igbani explained that the service has been deliberately made affordable to encourage the masses to embrace it.

Globacom has so far rolled out about 1,000 well trained and market-ready mobile money agents that were recruited and trained last year at town hall meetings held in over thirty cities of the country.

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