Swazi MTN, Standard Bank partner on mobile banking

Money Transfer

SWAZI MTN and Standard Bank have collaborated on mobile banking which will bring more convenience to customers.
Standard Bank Chief Executive Phil Mnisi said mobile banking was essentially banking through the mobile phone. He said this self service channel would permit customers to make self fund transfers, check account balance and send airtime to mobile phone or another’s.

Mnisi said this channel moved with the customer daily and was fast, easy and reliable. He was speaking during the launch of the product at the bank’s headquarters, where and they collaborated with MTN in this newest service.
“It is also worth mentioning that as we are launching mobile banking this very moment there is a team working on enhancements that will introduce additional functions such as pre-paid electricity and other bill payments.

“This is, therefore, a significant milestone that would not be possible without MTN Swaziland as a partner.

Mobile banking is accessible via any mobile phone, just by dialing *120*2345# and following the screen instructions. As a bank we cherish this collaboration with MTN,” he said.

Meanwhile, Swazi MTN Chief Executive Officer Ambrose Dlamini said the appetite for information and communication technology (ICT) solutions that were relevant, more effective and efficient was growing among industries, including the banking sector. He said it was for this reason that they launched the cellphone banking solution for Standard Bank. Dlamini said they were confident that the partnership would bring convenience to the bank’s customers and pave way for future innovations that would provide better and convenient banking solutions.

The CEO said Standard Bank was one of the mobile company’s long standing partners in the country, adding that together they had engaged in social responsibility initiatives which continued to benefit the less privileged.
“Therefore is it befitting that we are launching this service with a partner like Standard Bank and we are equally committed in delivering a seamless service experience to our customers and those of the bank,” he said.