NCB Launches Mobile Money Solution
12 Aug 2016
Members of the public are now able to make everyday purchases and to send and receive money with their mobile phones at select locations and participating merchants island-wide, thanks to a new partnership between the National Commercial Bank Jamaica Limited (NCB) and United States-based technology company, Quisk Incorporated. The solution dubbed NCB Quisk is a secure, mobile money account that will enable persons to send and receive monies and pay via text messaging. The solution is compatible with cell phones that have SMS capabilities – no smart phone, internet access nor apps are required; and is secured with a six-digit PIN that must be entered to access personal accounts. The initial access points are: all MegaMart stores, selected Fontana and Island Grill locations. The inclusion of additional merchants will be an ongoing exercise as NCB builds out this convenience for customers and users. “Our aim is to improve the way in which our customers and all Jamaicans can avail payment options in a simple, secured and convenient manner. Our market demands this and the future of the Jamaican payment landscape requires this introduction. Septimus ‘Bob’ Blake said. Blake further highlighted a significant benefit to being an NCB Quisk merchant, stating that merchants can now expect reduced costs associated with transporting and securing cash. It will also represent a more affordable payment method for low value transactions which are usually not accommodated by debit and credit cards. “Customers can sign-up by visiting the online portal to register and presenting their TRN and Photo ID at designated NCB branches,” Blake implored, adding that NCB also makes it possible for persons without a bank account to access the benefits of the product. Customers can visit any NCB branch to sign-up using their TRN and a photo ID. “Quisk is NCB’s direct response to what today’s customers expect and demand for more personalised service models in banking. Banks today need a better mix of high-tech and high-touch interactions to be able to satisfy customers.,” Blake added. Visit www.jncb.com/quisk for more information!
