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December 22, 2024

It is no longer news that Globacom has thrown its hat into the Payment

Service Bank ring with the launch of MoneyMaster PSB. With the

commencement of business on May 30, 2022, MoneyMaster hopes to disrupt

the market in innovative ways with G-Kala.

The company was unequivocal in communicating its intentions; “our

over-arching business objective remains to empower Nigerians by

providing them with unlimited opportunities. MoneyMaster extends that

objective as it targets the unbanked and under-banked with G-Kala its

flagship product in order to deepen financial inclusion in Nigeria.”

We show you six ways in which MoneyMasterPSB, which has been described

as network agnostic, hopes to disrupt the sector and become the market

leader in the PSB market.

1. You will never forget your account number: Yes, with G-Kala your

phone number will be your account number. That way you will never forget

your account number and friends and family who wish to send you money

will not have to ask. All they need to do is check your account number

and voila!.

2. You don’t need the internet: G-Kala transactions are as easy as ABC,

Just dial the short code *995# and you can open an account, send money

or receive money via G-kala. It is that simple. There will also be an

app for those who wish to use that option.

3. G-Kala is safe and secure: Facilitated by cutting edge technology and

supported by robust security features, G-Kala transactions will be safe

and secure and fast.

4. You don’t need a high end phone: With a focus on financial inclusion

and the provision of banking services for the unbanked and under-banked,

G-Kala will work seamlessly on feature phones and smart phones. You

don’t need to break the bank to bank with MoneyMaster.

5. G-Kala opens up a world of possibilities: With Money Masters G-Kala

you can carry out so many financial transactions without going through

the hassles usually associated with opening a bank account. You can send

money, collect money, pay money for services, buy airtime, get a debit

card, issue electronic wwallets and pay sundry bills. The possibilities

are unlimited.

6. You can also get cash through G-Kala: If you are one of those who

like the feel of raw cash, G-Kala has you covered. You can cash money

sent to you just by visiting a G-Kala agent near you. Riding on the back

of Globacom’s pan-Nigerian presence and pervasive agent network, there

will always be a G-Kala agent near you.

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