Firm introduces mobile app to aid financial inclusion

In its drive to promote financial inclusion, SystemSpecs, owner of Remita, has unveiled the Beta version of its much anticipated Remita mobile application, to enable individuals view multiple bank balances on one screen, make payments and other key capabilities that allow users stay in firm control of their finance.

With the app, individuals will be able to send and receive money from the comfort of their phones, without needing any other mobile app or visiting any bank branch. Also with the app, payers can respond to payment requests from restaurants, shopping outlets, schools, family, friends or other billers by quickly snapping a QR code from their smartphone or tapping their device against the biller’s to complete transactions.

Speaking on the gesture, Managing Director, SystemSpecs, John Obaro, said the mobile will provide individuals with a much easier way to manage their finance, stating that with Remita App, customers of various banks will experience increased convenience, as they would be able to access their various accounts, seamlessly settle bills, and stay in firm control of their finance, anytime, from anywhere, on a single app.

In his remarks, Executive Director at SystemSpecs, Adédèjì Olówè, expressed optimism that the solution will contribute significantly to transforming the financial culture in Nigeria, stating that not only will users be able to effortlessly settle utility bills using their mobile phones, Remita App’s exciting expense management feature will enable them make more financially intelligent decisions as it provides easy-to-understand colourful charts which analyse and display expense patterns.”

Olówè also added that there are six Nigerian banks included on the platform to include, Zenith, UBA, Access, Wema, FCMB, and Providus, which have been fully integrated on the mobile application, with more banks already lined up to be introduced in the coming days when we take the solution out of the Beta phase.”

Asides the standard industry security measures which have been built into the app, Remita has specific security layers that guarantee the integrity of all access and transactions, including Personal Security Number, fingerprint authentication, One-Time Password Verification, among others.

Meanwhile, in realisation of its commitment to support tech start-ups, the firm also gave out three million naira to beneficiaries of the Remita Seed Fund.