AppZone, the leading banking and payment service provider for microfinance banks in Nigeria, has emerged winner of the “Best Microfinance Technology Solutions Provider” at the 2018 National Association of Microfinance Banks (NAMB) Conference and Awards.
According to the award organisers, AppZone received the award for its contribution to the microfinance sector since the launch of its foremost product, BankOne.
BankOne, it will be recalled, is a tech platform which manages the entire operations involved in the delivery of financial services to individuals and micro businesses in the informal sector.
The platform supports multiple alternative delivery channels, including automated teller machines (ATMs), point-of-service devices (POS), mobile phones (via mobile and USSD banking), web terminals (via Internet banking) as well as electronic channels of commercial banks and banking agents.
Receiving the award at a NAMB event in Abuja, the Executive Director of AppZone Group, Mr. Emeka Emetarom, said the award is an indication of the immense work done by the company to smoothen the operations of microfinance banks across the country.
“We have empowered about one-third of the microfinance banks operating in Nigeria with a robust, cost-effective core banking automation software to ensure the effectiveness of operations as well as boost profitability of the institutions through the Bank One App.
“We are, therefore, delighted that our partnership with the microfinance banks as well as with our strategic service partners to provide the optimal technology requirements needed by the microfinance banks has been recognised by the banks themselves,” he said.
Emetarom thanked NAMB for the award and assured that the company will always ensure that its clients get excellent services delivered to them always.
Daily Trust noted that AppZone continues to break new grounds for innovation in cashless payment systems, not just in Nigeria, but in sub-Saharan Africa with the BankOne App.
Our reporter learnt that the app is being used in over six countries and has over 350 microfinance banks on its platform.
