Over ₦1 trillion worth transactions processed over FirstBank’s *894# Channel

FirstBank of Nigeria Limited has disclosed that its 894 banking scheme recorded over ₦1 trillion worth of transactions with over ₦3 trillion worth of transactions projected to be processed this year alone.

The 894 quick banking, a USSD based channel that enables customers to access banking services using any type of phone and without data/internet is the fastest growing USSD scheme in the market. It grew by about 250 per cent in 2017 to over 4.5 million customers with a target of over 6.5 million before the end of this year.

Customers who use 894 are able to check their balance, send/transfer money to any bank account in Nigeria, buy airtime for themselves and for their loved ones, confirm payments (up to last 5 transactions), open accounts, and do lots more.

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