The Head, Brand and Media, eTranzact, Mr. Adeyemi Opene, encouraged customers to embrace mobile banking, “as there is minimal fraud in the process and it will help to avoid the bankers’ undue access to customers’ funds.”
“We didn’t pioneer online transactions, but we have really worked so hard to ensure that mobile transactions are seamless and secure,” he added.
Opene argued that for every transaction through mobile banking, there was a two-level authentication that made it very difficult for fraud to be perpetuated.
“We pioneered the Electronic Security Authentication; so, there is no way fraud can occur through the mobile money process, except when one reveals one’s card details,” he added.
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