CELEBRATING MINT BANK AT ONE: Taking a Look at Our Achievements
When speaking of digital banks in Nigeria, Mint Digital Bank has established itself as a household name. Within its first year of operations in Nigeria, digital banking is quickly becoming a promising prospect for its users across the country. The seamless operation of digital banking by Mint Bank has been facilitated by advanced technology and the growing where concepts, businesses, events are moving into the Digital space.
Traditional banking systems have run their course, as digital banking is gradually establishing a solid hold on the financial sector today. Everyone is familiar with the glitches and hitches associated with traditional banking systems in the form of slow transaction speeds, zero incentives, manual funds transfer, and so on. Each of these issues make traditional banking really stressful and unnecessarily stretched out. Mint Digital Bank eliminate these issues and offer much more than you can imagine.
Users of Mint Digital Bank have enjoyed top class banking experience in service and delivery. The advantages and benefits of digital banking is further amplified by Mint bank, whose focal point of operations remain its customers. It is no wonder why it has seen an exponential increase in its number of users, as well as potential customers willing to take part in such a wonderful banking system. The ultimate goal of Mint Digital Bank has always been to solve customer issues when it comes to banking, as well as to provide easier means for transactions.
As Mint Bank celebrates its first year of operations in Nigeria, it is imperative that we have a look at what it has been able to offer its esteemed customers and users across Nigeria. This will help existing customers have a greater understanding of why Mint Digital Bank is so revered, as well as potential customers who intend to take digital banking as an option for savings business, and other related functions.
Features offered by Mint bank which has been instrumental to its operations with the banking and finance sector in Nigeria includes:
Easy Funding account: With Mint Bank, users have been able to easily fund their accounts from wherever they are. Comfort is paramount here, as users can easily transfer funds to their accounts from any other financial institution, as well as other digital banks.
Send Money: Mint bank users can send funds to recipients who may be users of Mint bank as well, or any other financial institution based in Nigeria. The transfer of funds to other banks is comfortably executed at user’s comfort, wherever they find themselves. This allow users transfer funds to other banks from home, workplace, business functions, and so on. Transactions are executed swiftly, usually within seconds to eliminate delays individuals experience using traditional banks.
Goal-based savings: This is a unique feature exclusive to Mint Digital Bank. Its main objective is to create a saving culture for users, usually in order to achieve long-term or short-term targets. Through this feature, users can save towards a planned goal through a weekly, monthly or yearly program. Once target is reached within the set period, users can easily make withdrawals to meet with set needs. What’s more? Mint Bank provides added incentive for customer savings, offering up to 8% interest on savings per annum.
Bills payment: With Mint Bank, users are able to pay and sort out a wide variety of bills such as electricity bills, fuel, cable, health, and other bills that guarantee functionality and continuity of life. Receipts for each transaction is generated at the end of each successful bill payment.
Schedule bills payment: Users can as well create different schedules for bills payments through bank’s app. This brings a lot of comfort to users, as bills are settled according to the time and program set by users. For example, users can schedule DSTV bills payment every 30 days through their digital app. This way, they won’t need to make payments manually as it is sorted by the digital app.
Scheduled transfer: Similar to bills payment, users of Mint Digital Bank easily schedule funds transfer to intended recipients within a give period. After payment is scheduled, the transaction is executed automatically at the set time by users. This allow users ample time to do other productive tasks within the day.
Investment: As much as Mint Digital Bank already offer, users still get a chance to earn more with their savings. A given percentage is earned on an annual basis when users save funds.
Loans for salary earners: Users of Mint Bank who have a steady source of income have access to loans. Usually, salary earners who expect a fixed amount of money at the end of each month are the individuals with a steady source of income. Salary earners have exclusive access to this feature because they have a means of comfortably refunding loans acquired. This is a good option many salary earners on the platform take, and it has helped a lot of people with their businesses, investments and other immediate needs.
Money manager: Users of the Mint Digital Bank are assigned a money manager to help manage accounts, keep track of income, expenditures, solves issues related to their accounts,
Bank statement: This is usually a statement providing the financial details and transactions which a user have initiated and executed within either a month or year. This usually help users keep track of their income and spending, thereby giving them an opportunity to make necessary changes or decisions if any is required.
Mint Digital Bank has definitely secured the hearts of many businesses and individuals through the numerous, unique services they offer. Having reviewed the operations of the bank in the Nigerian financial space, it is easy to acknowledge the effectiveness of the digital bank to help businesses and individuals adapt to the technological trend which the world follow today. Its achievements till date has definitely broken all boundaries existing with the Nigerian banking industry.
Having said that, it is only its first year of operation in Nigeria. It is expected that the Mint Digital Bank will evolve more to provide top class financial services that are backed up by Digital technology.