Once the exclusive toys of the rich, mobile phones have evolved in a few short years to become tools of economic empowerment and financial inclusion for the poor, uneducated and unbanked people. Mobile phones have indirectly compensate for the inadequate infrastructure, such as bad roads, inefficient bank branch networks, slow – dead – postal services and lack of electricity supplies, allowing information to spread fast freely, making markets more efficient and unleashing potentials. With mobile phones now so commonplace, a new opportunity beckons: mobile money, a branchless banking service designed to enable users’ complete basic banking transactions without visiting a bank branch. Now your handset has become your wallet, your mobile number has become your account number and your cash-in-transit carrying wallet will soon be rendered obsolete.

What is Mobile Money?

Mobile money is a SIM based payment services which uses mobile number as identifier to give opportunities for people who have mobile phones to transfer money, pay for a wide range of services and goods. It’s a fast, easy, secure and convenient way to receive and send money to anyone, anywhere in Nigeria.

How to Join?

Mobile money gives you the ability to store, use, pay, and borrow money anywhere in almost limitless fashion, without worry about cash. It is not mandatory you have a bank account before you can use mobile money. All you need is a mobile phone. Mobile money registration is a simple process. A basic mobile money account can be opened using your name and phone number. After registration, you need to activate your account using the activation code the mobile money service operator sends you.

Visit http://www.realmoneyng.com/mobilemoney/ for more details