Some students across universities in Nigeria have commended Skye Bank for its Unstructured Supplementary Service Data code solution on campus life, *833#, as it has simplified banking transactions for undergraduates on campus.
A 400 level student of English, Obafemi Awolowo University, Ile-ife, Osun State, Miss Stephanie Okoro, said, “Sincerely life has been made so easy for me with the introduction of the USSD code as I can now do practically everything with my phone.”
On the other hand, Ekundayo Koleosho, a 500 level student of Chemical Engineering, University of Lagos, noted with emphasis, the freedom and ease with which transactions are now being carried out, stating that, “The fascinating thing for me is that no internet connection is required to consummate any transaction. The code works on all phone types and is a faster and more convenient way of carrying out transactions seamlessly.”
The bank’s USSD Code is a banking-on-the-go solution, which allows anyone with a mobile phone to do transactions such as buy airtime, transfer money, pay bills, check your balance and even open an account, anytime and anywhere, which positions the bank for future growth as internet penetration continues to deepen in Africa.
The progress in internet banking, smart card banking and mobile banking has been revolutionary and breath-taking as depositors now perform basic banking transactions like account balance request, transfers and online payments from the comfort of their homes thus complementing the effort of the Central Bank of Nigeria to build a cashless economy and enhance financial inclusion.
