A big relief to Nigerian bank customers: you no longer need to reach your bank to deposit cash. You can now pay into any bank and the money will be credited into your account, just like you withdraw cash from any bank’s ATM.
The new deal has been made possible by BeyondBranches, owner of the payment platform QuickTeller, a value added service platform developed by Interswitch, the largest integrated payment processing service provider in Nigeria.
Now, BeyondBranches has developed the payment ecosystem further by enabling any customer to deposit cash into any bank account held at any bank in Nigeria at an agent. Using this approach, BeyondBranches has been able to bring the bank within easy reach of those who need to deposit cash quickly and securely.
Source: PM News online