An Irish firm specialising in providing Internet and mobile banking technology to firms, CR2, has
stated that the way for small businesses to grow and be relevant in the modern marketplace is to
embrace mobile banking technology which will enable them to transact business and make payments
wherever they are.
Speaking with our correspondent, the Chief Commercial Officer and member of the Executive Board
of CR2, Mr. Kieran Kilcullen, said the company was providing mobile banking solution to major
commercial banks in Nigeria so that their customers could have access to all the banking services
from the comfort of their homes without necessarily having to visit the banking hall.
He said with the current situation in global economy, banks focused on providing more service to the
SME sector and other businesses that were capable of generating employment.
He said, “Banks are trying to grow their customer base and in doing so they are taking into account
the cost of serving these customers and instead of opening more branches, they have embraced the
Internet and mobile banking solutions which enhance personal communication with customers
through Short Message Service, Apps and Mobile Web.”
BY Anna Okon
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