NIC Bank Rolls Out Mobile Banking APPs
(AllAfrica Via Acquire Media NewsEdge) NIC Bank has introduced a new mobile application that will enables customers enjoy speedier transactions on handheld devices. Dubbed NIC NOW, the Mobile App offers a convergence of solutions delivering both banking services and lifestyle information on mobile devices.
"The phenomenal growth in mobile phone use has created a whole new customer channel. Mobile transactions have grown rapidly in the last five years making it necessary for banks to develop innovative solutions that tap into the advantages brought about by mobile technology", said Mr. John Gachora -NIC Bank, Group MD. The Mobile App. is available for all NIC Customers with Android, IOS, and Blackberry including all Windows Smart phones and only those subscribed will access the app. features. Extending use to other smartphones available in the market, the application will also be availed to smartphone users who will receive an activation key and start pin to access the service.
"The application is much faster and more convenient for all mobile banking transactions since it offers more informative and fun features alike from news, cinema guides, verses from the bible & quran" "With mobile services & sales rapidly growing we expect that more than half of everyday transactions will be through the phone. This adoption to new age banking, innovative and personalized multi-channel banking experience on ATM, Internet, and now the Mobile app and social media interface will help drive NIC Bank's new media strategy", Added Mr. Gachora. The bank has been running on the popular (*488#) USSD Mobile Banking platform that it looks to phase out in favour of Elma- an application developed locally that is tied to a particular network and gives an increased level of interactivity with bank accounts and speedier transactions. "The increase in smartphone usage has prompted the Bank to move towards the provision of an application that is not dependent on their mobile service provider. The concept of convenience banking has since shifted from the physical branches to the mobile phone, which is now an integral part of our lives", concluded Mr. Gachora. The new platform is powered by Elma a banking solution from Local software solutions provider-Craft Silicon. Elma, unlike other mobile money transfer services currently in the market is not tied to a particular network and gives an increased level of interactivity with bank accounts. Key features of the application include heightened speed of transactions through the App-.e.g. MPESA takes less than 60 seconds and RTGS also takes only a few minutes compared to functions on the USSD platform- and the ability to function on a cross section of smart phones.
The NIC NOW Mobile App is available for all NIC customers with Android, IOS, Blackberry and all Windows Smartphones with subscribers getting access to account balances, making M-pesa payments and bill payment. The bank will also extend this service to other Smartphone's available in the market, where users will receive an activation key and start pin to access the service.
Customers can access the App from the respective App.stores on their phones in easy steps and after activation have access to all the NIC NOW App features.
Copyright CIO East Africa. Distributed by AllAfrica Global Media (allAfrica.com).
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