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Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! - Business - Nairaland

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Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by SleekyP(m): 2:33pm On May 16, 2015
SleekyP:
For the first time in Nigeria, individuals and GTB customers can send instant money transfers directly from their mobile phone , irrespective of their status or phone type.

GTBank has launched another first of its kind mobile channel through which GTBank customers can conveniently perform third party transfers to both GTBank and other bank account holders in Nigeria, via their mobile phones, by simply dialling the USSD short code *737 with details of the amount and account number (NUBAN) of the beneficiary.


The *737* transfer service is a novel offering pioneered by GTBank in the Nigerian Financial Industry, that is safe, simple and convenient. To initiate transfers to a GTBank account, simply dial *737*1*Amount*NUBAN Account No# e.g. *737*1*1000*1234567890#

The 737 transfer service has been introduced to build on the success of the Bank’s One Click Top –upservice; which offers GTBank customers an efficient and easy way to buy airtime on their mobile phones directly from their GTBank account by simply dialing a short USSD code (*737*AMOUNT#).

According to Mr. Segun Agbaje, Managing Director/CEO of the Bank, “we will continue to leverage technology to make banking, especially payments and transfers, faster, safer and more convenient for all our customers. He further stated that, “this service addresses the electronic banking requirements of our customers, irrespective of their phone type”.

The *737* Transfer service is only available to GTBank customers via their mobile phone numbers registered with the Bank and has minimum transfer limit of N1,000 and a daily transfer limit of N20,000.

Guaranty Trust Bank plc was established in 1990 and has within the last 25 years come to be recognized as one of the most profitable, innovative, service focused and well managed banks in the Nigerian financial market space.


The Bank has a record of “Industry First” innovations such as “GTBank Mobile App”, a mobile application that merges internet banking and mobile money service offerings to allow customers enjoy more flexible banking such as Check account balance, Transfer Funds to family and friends, Stop and confirm cheques, Bill payments, FX transfers, Flight Bookings, Airtime Recharge, Online Shopping and Purchase cinema tickets.

45 Likes 12 Shares

Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by SleekyP(m): 2:34pm On May 16, 2015
Still on top cool

14 Likes 1 Share

Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by alberto2k(m): 2:36pm On May 16, 2015
smiley cool

2 Likes 1 Share

Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by ArchEnemy(m): 2:36pm On May 16, 2015
Innovative

2 Likes 1 Share

Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by SleekyP(m): 2:38pm On May 16, 2015
ArchEnemy:
Innovative
smiley
Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by Kikyben2(f): 2:39pm On May 16, 2015
GTBank, always at the top of their game.

6 Likes 1 Share

Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by Holyfield1(m): 2:41pm On May 16, 2015
Good for them,I still believe GTB is the best bank in Nigeria...Transaction so cool nd smooth....OP ur account number please........*Sips juice*

32 Likes 1 Share

Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by LordEmperoris1(m): 2:42pm On May 16, 2015
what of first bank

3 Likes 1 Share

Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by cilifa: 2:42pm On May 16, 2015
Good innovation.

1 Like

Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by Nobody: 2:42pm On May 16, 2015
Its not the first.

Is it not what Mobile Money is about?

Fortis has a mobile money licence. *540# to register or perform transaction from phones that are not internet enabled.
First Bank does. *894#to register or perform transaction from phones that are not internet enabled.
Stanbic IBTC does
And there is Paga.
undecided

52 Likes 3 Shares

Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by juniormusa(m): 2:42pm On May 16, 2015
Good news this is the type of change we want..
















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4 Likes 1 Share

Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by yorex2011: 2:42pm On May 16, 2015
Nice one

1 Like

Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by TI1919(m): 2:42pm On May 16, 2015
grin
Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by mrvance(m): 2:43pm On May 16, 2015
I hope it goes well..however the recharge own is still not at its best with lots of flops

3 Likes

Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by Lanre4uonly(m): 2:43pm On May 16, 2015
Good concept.


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Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by olojuede01: 2:44pm On May 16, 2015
Chai+!!! Now I no go fit lie say I no carry my token angry angry angry

12 Likes 1 Share

Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by maggilove(f): 2:44pm On May 16, 2015
This is a good development for the orange bank users.

1 Like 1 Share

Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by thoollz: 2:44pm On May 16, 2015
This bank is going places

1 Like

Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by Nobody: 2:44pm On May 16, 2015
good news.

1 Like

Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by emorse(m): 2:44pm On May 16, 2015
how much per transaction?

3 Likes 1 Share

Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by baybeeboi: 2:44pm On May 16, 2015
where I am, we'v come past this

1 Like 1 Share

Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by SleekyP(m): 2:44pm On May 16, 2015
olojuede01:
Chai+!!! Now I no go fit lie say I no carry my token angry angry angry
cheesy
Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by okooloyun1(m): 2:44pm On May 16, 2015
Not the first

2 Likes

Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by dhardline(m): 2:45pm On May 16, 2015
Many other banks already have it.They should stop lying.

11 Likes

Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by Pavore9: 2:45pm On May 16, 2015
Good development.
Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by jboixxx: 2:45pm On May 16, 2015
I love ds but how secured is this, cuz this isnt credit purchase o. my token balance is IMPORTANT.

MOD.: There's a clear distinction btw ds service and mobile money/paga services. Regardless of the security features (last 4 ATM card digits n pin), abeg, de password ur phone with gd alphanumeric combinationz (numbers, alphabets and symbols).

5 Likes

Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by morony: 2:46pm On May 16, 2015
always the best BANK EVER

1 Like

Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by pneumaticos(m): 2:46pm On May 16, 2015
Bigest old news,

Those that know about have been using it for over 3 years

Its caped oh,you can only transfer below a hundred

3 Likes

Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by onosprince(m): 2:46pm On May 16, 2015
Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by opex044: 2:46pm On May 16, 2015
Nice innovative but how secure its?
With ur explanation above I couldn't see where d password or any security code to input. Does it mean I can pick my friends phone and transfer money to myself?

17 Likes 1 Share

Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by shegsrules(m): 2:46pm On May 16, 2015
Nice innovation from gtb

1 Like

Re: Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! by Nobody: 2:46pm On May 16, 2015
does that decrease unemployment?

1 Like

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