World News Intel

Empire Trust Microfinance Bank Limited has announced the launch of its agent banking solution to boost digital banking uptake, especially for Nigeria’s unbanked population.

In a statement, the bank said that the introduction of Empire-Pay would help customers gain access to a comprehensive suite of banking services without the constraints of physical branch visits, substantially enhancing convenience and accessibility.

Ayobami Alabi, MD/CEO, Empire Trust Microfinance Bank Ltd

The Managing Director/Chief Executive Officer of Empire Trust MFB, Mr Ayobami Alabi, said, “Empire-pay represents a paradigm shift in electronic transactions, empowering our vast customer base and prospective clients to seamlessly engage in multiple transactions across diverse Nigerian communities, leveraging our extensive network of Empire Trust Agent locations.”

Highlighting the role of digital channels in modern banking, Alabi said that the bank was committed to addressing the estimated 64 million unbanked individuals in Nigeria, as reported by the World Bank.

He reiterated Empire Trust MFB’s dedication to catering to the evolving needs of its diverse customer base.

Empire-pay boasts a multitude of user benefits, including instant settlement for swift and efficient transactions, 24/7 network reliability ensuring uninterrupted access to banking services, and affordability, enabling seamless participation for middle players in the digital banking ecosystem.

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