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About MoMo Payment Service Bank
MoMo Payment Service Bank (MoMo PSB) is a fintech subsidiary of MTN Nigeria, licensed by the Central Bank of Nigeria to provide financial services. It offers services like money transfers, cash withdrawals, and deposits, targeting the unbanked and underserved populations. MoMo PSB aims to deepen financial inclusion in Nigeria through a secure, technology-driven environment. Its unique selling proposition is leveraging MTN's extensive network to reach a broader audience with accessible financial services. This positions MoMo PSB as a key player in Nigeria's financial inclusion efforts.
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