He informed stakeholders at the event, including media practitioners, regulators, market and trade associations and trade partners that G-kala will bring a huge number of the unbanked populace into the financial system of the country, adding that the operations of MoneyMaster PSB would empower many Nigerians financially and bring, most especially, people in the rural areas into the banking system.
Elutilo explained that the innovative features of G-kala, will revolutionize the Nigerian payment system as well as advancing the cashless economy initiative of the federal government.
Said he, “MoneyMaster PSB will bring convenience and inclusion across all our target segments of the population. With G-kala, your phone is your bank. Aside from the benefits to our customers, we are onboarding a very large number of agents for cash in and cash out, through which we are creating new jobs in our various communities, which is also a boost to the nation’s economy. This is the beginning of our journey to revolutionize the financial services landscape in the country.”