Sunday, September 28, 2025
24.9 C
Lagos

Agent Banking Grows by 1000 New Agents Monthly

Launched in 2016, Quickteller Paypoint was designed to take financial services to the nooks and crannies of Nigerian communities, providing access to under-served markets.

Revealed at the maiden Quickteller Paypoint agents forum which held in Lagos recently; about 40 agents were onboarded during the first few months of operation.

As at March 2017, the agent base had grown at an average rate of 1000 new agent sign ups monthly bringing the total number of active agents to about 6,000 and growing.

This lends credibility to the consistency of the service and how it is changing lives and empowering Nigerians all over the country.

At this steady growth rate of approximately 33.3 new agents per day one can say that hitting the long-term vision of 150,000 active agents in 5 years is well within reach.

Speaking at the agent forum, Ridwan Lateef of RMAX Systems who emerged the Star Agent of the year thanked Quickteller Paypoint saying that the difference is now clear between Paypoint and other similar players. He went further to encourage his fellow agents saying

“To all agents present here, I can guarantee you that you are with the right team, to boost your business, it’s not all about making fast money transfers, there is need for trust. If you can win your customers trust, your business will grow”.

Mr. Ridwan having completed the highest number of transactions over the year was rewarded with N300,000 cash prize and an all-expense paid trip to Kenya. Ajayi Modupe Temitope of Shoduts Nigeria ltd. who was 2nd was rewarded with N200,000 cash prize and an all-expense paid trip to Kenya while Nwokoma Nkechi of Ezehop Integrated, Port Harcourt, who came 3rd was rewarded with N100,000 cash prize and an all-expense paid trip to Kenya.

Divisional CEO, Interswitch Financial Inclusion (IFIS), Mr. Mike Ogbalu also revealed that while in Kenya, the 3 star agents would be attending a training on advanced digital financial services courtesy of Quickteller Paypoint.

Other agents present were recognised and rewarded with Generators, GOTV decoders, Standing fans and rechargeable fans.

spot_img
spot_img

Hot this week

AIICO Deepens Bond with Retirees, Holds Annuity Forum in Lagos, PH

Mr. Gbenga Ilori, Head, Retail Business at AIICO, in...

Sovereign Trust Insurance Holds 30th AGM

L-R: Eric Balogun, Independent Director, Emi Faloughi, Director, Kayode Adigun,...

Unity Bank Shareholders Approve Merger with Providus Bank

  EGM: From left: Mr. Usman Abdulkadir, Executive Director, Risk...

NNPCL: Ogoni Re-entry is a Beacon of Reconciliation through Collaboration

The re-entry into Ogoniland marks a historic turning point...

NLNG, NCDMB Celebrate 122 Graduates of Train 7 HCD Training Program

NLNG in collaboration with the Nigerian Content Development and...

Topics

NIMC Enrolls 59, 786 Inmates in Correctional Centres Nationwide

The National Identity Management Commission has successfully enrolled and...

Stanbic IBTC Bank Appoints Oyedeji as Independent Non-Executive Director

Mr. Wale Oyedeji The Board of Directors of Stanbic IBTC...

Ecobank: Four Millionaires Emerge from Super Reward Campaign

  Left: Adetola Oshomah, Agency & Direct Banking, Ecobank Nigeria;...

#SMWLAGOS: Unity Bank Advocates Increased Investment in Creative Industry 

From left: Head, Digital, Events & Sponsorships, Unity Bank,...

Staco Insurance Denies Allegations of Market Infractions

Staco Insurance Plc has firmly denied allegations of market...

Polaris Bank Signs Up to PAPPS to Ease Customers’ Cross Border Payment

Polaris Bank, Nigeria’s leading digital retail Bank, has enrolled...

HP Unveils New High-Performance HP Z6 G5 A

HP has unveiled the newest addition to the Z...

Nigeria Seeks $500m to Develop Mining Sector

Nigeria says it is in advanced negotiations with the...
spot_img

Related Articles

Popular Categories

spot_imgspot_img