SmartCash Payment Service Bank (PSB), a subsidiary of Airtel Nigeria, has announced a new feature that allows Cowry card users to top up their cards using the SmartCash mobile app. This development aims to facilitate micro-transactions, particularly bus fares on Lagos’s bus and rail systems.
Integration with Touch and Pay
The announcement comes after SmartCash’s integration with Touch and Pay, the provider of automated payment solutions and the owner of Cowry. This collaboration is designed to enhance the ease of transportation for the masses and support the Central Bank of Nigeria’s (CBN) cashless initiative.
A Step Towards Greater Convenience
Ayotunde Kuponiyi, CEO of SmartCash PSB, emphasized the importance of this integration in improving commuter convenience. He stated, “At SmartCash PSB, we firmly believe in enhancing convenience and accessibility for everyone, regardless of where they live. By integrating Cowry card top-ups in our mobile app and USSD channel, we aim to advance commuter convenience, aligning with our mission to empower customers with seamless and efficient payment service. This initiative also supports Nigeria’s cashless vision.”
Supporting a Cashless Economy
Kuponiyi highlighted that the integration with Cowry Card is in line with the national goal of a more digitized economy. The new feature underscores SmartCash’s commitment to providing efficient and convenient payment systems, reinforcing Nigeria’s move towards a cashless society.
Accessibility and Ease of Use
The top-up process is accessible to all SmartCash customers and can be performed via the SmartCash mobile app or the USSD code *939#. This feature is expected to enhance user experience by providing a simple and efficient method for managing transportation expenses.
Conclusion
The integration of Cowry card top-ups into the SmartCash PSB mobile app marks a significant step in advancing payment solutions in Nigeria. This initiative not only meets the social needs of the masses but also promotes the CBN’s cashless policy, driving the country towards a more digital economy. By leveraging technology, SmartCash PSB continues to enhance the convenience and accessibility of its services, making everyday transactions smoother for commuters.