The various economic and financial reforms in the country are designed to ensure Nigeria realises the benefits of the "Cashless Society".
“Cashless Society” refers to an economy where financial transactions are driven by electronic cards across various payment channels rather than the traditional physical office or "brick and mortar" office. These alternative channels include ATM, POS terminals, Mobile Phones and other Mobile Devices, Web, and various e-Corporate solutions often provided by regulated financial institutions.
Today in Nigeria, there are an estimated 10,000 ATMs, 15,000 POS Terminals and over 75 million mobile phone subscribers in the country, serving as a veritable foundation to build the framework for a cash-less economy.
The CBN Policy on reducing cash transactions in the economy is very apt and timely as the country marches steadily towards global relevance and reckoning and specifies the following regulatory and financial framework;
The impact of these measures are enormous hence Keystone Bank has put in place more transaction channels to provide services to customers outside the banking hall and to ensure our customers enjoy seamless transaction processing in Lagos State and in all the states in Nigeria.
To take advantage of our alternative banking channels and for support or other enquiry please call 01-448 5742, email firstname.lastname@example.org or click here to see all our Cash-less Banking Services and Channels.