• Home
  • Business
  • Access Bank unveils Dual Transaction Service for Customers
Image

Access Bank unveils Dual Transaction Service for Customers

The leading financial service provider,  Access bank plc has introduced a Dual Transaction Service(DTS), an enhanced debit card service that provides access to credit at the same time.

The Dual Transaction Service (DTS) is a bundled service designed to allow pre-approved customers access a credit line through their existing debit card.

Commenting on the new inititaive, the Executive Director, Retail Banking, Access Bank Plc, Mr. Victor Etuokwu said: “This is the first time any bank in Nigeria will be providing this kind of combined essential service to its customers. We have been encouraging our customers to stay safe and connected by going cashless while using our various digital channels.

We know these are trying times and our customers may need an extra boost during this period so rather than have them go through the rigorous process of applying for a credit card, we will give them access to more funds using their existing debit cards.

This service is available to all Access bank customers who earn from N20,000 and above. Customers can also access 3 times the value of their salary during this period of restricted movement. This is a remarkable feat and we will continue to promote digital transactions and discourage branch banking until we are completely come out of the pandemic times.”

To activate this service, all our customers need to do is dial *901*14# from the comfort of their homes, choose credit as account type on any POS or ATM terminal during any transaction to access the credit line through their debit card.

“The dual card service from Access bank Plc is the first-of-its-kind on the continent. The features of the dual transaction service represent another milestone in our mission to transform banking and demonstrates how far we have come in such a short time” he added.

Access Bank recently donated N1Billion as part of its contribution to fight coronavirus in Nigeria. The Bank has also reached out to its customers via several communications (SMS, Emails) to go cashless by using the Access Bank electronic and digital platforms during this period of the pandemic to remain safe

Related Posts

ZB Bank Appoints Arthur Matsaudza as new CEO

The Board of Directors of ZB Bank has announced the appointment of Arthur Matsaudza as the bank’s new…

Afreximbank deepens support for Uganda’s new growth ambitions

The African Export-Import Bank (Afreximbank) is strengthening its partnership with Uganda as the country advances its Tenfold Growth…

Absa promotes Nivash Sewgobind to Head of Performance Analytics

Nivash Sewgobind has been promoted to Head of Performance Analytics & Business Partnering at Absa Group, marking a…

The Hidden Cost of Doing Business in Nigeria

Modupe Coker The biggest obstacle facing many entrepreneurs in Nigeria is not a shortage of ideas or effort.…

Leave a Reply

Your email address will not be published. Required fields are marked *