Zenith Bank Plc has introduced Z-Money, aimed at bringing banking closer to its customers and enhancing financial inclusion among the under-banked and unbanked populace of the country.
Z-Money is an agency banking product of the bank, which entails the onboarding of agents who are expected to render basic financial services on behalf of the bank.
Through the bank’s network of agents spread across the urban and rural communities in the country, customers are able to open accounts, deposit cash into any account, withdraw cash from any bank account, transfer funds, buy airtime, pay bills, and do so much more in a convenient way. In order to engender trust among its customers, the Bank ensures that all transactions done through the agents are PIN protected and safe.
Zenith Bank Group Managing Director/Chief Executive, Mr. Ebenezer Onyeagwu said: “The bank remains focused on providing premium financial solutions that create value for its customers wherever they are located across the country.”
He added that apart from helping to extend the bank’s retail reach across all segments of the market, the adoption of the agency banking platform also demonstrates the bank’s commitment to achieving financial inclusion in the country.