Ever tried opening a full bank account online instead of walking into the bank to perform all those rituals by signing all those papers, directed from one desk to another, thinking of how to get utility bill, and so on. Technology is gradually abolishing those sacrifices made in just opening a bank account.
Guess that is gradually coming to an end as WEMA Bank Plc has just introduce the first full fledged digital banking service in Nigeria named “ALAT”.
This simply indicates the commencement of a revolution in the banking sector. With this new development, customers’ requests will be met faster than ever before and get better services at cheaper rate.
Currently, the digital services appears to be rendering the existing products and services at faster and cheaper rate and even better.
According to the Managing Director, Segun Oloketuyi (qouted): “There is a reason banks are closing branches. Apart from the difficult economic environment, customers are increasingly adopting digital options for their banking needs, hence a reduction in the number of people that visit physical branches.
“The pace at which things are changing in the digital world is rapid. Therefore, every forward-thinking brand is always looking to improve on their digital offerings.
“With ALAT, Wema Bank has offered Nigerians everywhere in the world a bank that is designed to meet their needs.”
Reports suggests that the introduction of ALAT beta service by Wema got a good reception from the market few weeks ago. The new digital banking system is expected to shake the regular banking system due to three factors attached to it; Convenience, Simplicity and Reliability.
With ALAT, opening or signing-up for an account opening/sign-up can be done just within five minutes from a smartphone, tablets or personal computer.
Account holders can as well enjoy a simple automated savings plan that will attract 10% annual interest into the account, which like three times the normal bank rate.
Another benefit is that the delivery of Debit card to the holder of account is free and the delivery is within 2 business days anywhere in Nigeria.
