Glo MoneyMaster PSB: All You Need to Know About MoneyMaster PSB Limited

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Experience a new way of managing your finances by opening a digital bank account with Glo MoneyMaster PSB, Payment Service Bank (PSB). Below is a brief introduction about the new Mobile wallet.

Say goodbye to traditional banking methods and hello to convenience and ease. Upgrade your banking experience today. MoneyMaster PSB payment options are safe and secure for all parties involved.

Give your customers peace of mind with Glo MoneyMaster PSB tailored financial solutions, including Business, Merchant, and Agent banking services.

Enhance your business operations with custom banking products. Offer your clients secure payment options utilizing the latest safety measures.

Expand your services by becoming an agent or master agent and increase your revenue. Take control of your financial future with easy access to both personal and business banking solutions, including mobile wallets and current accounts.

All You Need to Know About MoneyMaster PSB Limited

MoneyMaster PSB Mobile Wallet

With G-Kala mobile wallet, conducting transactions has been easier. You can access your wallet anytime, anywhere, without the need for internet connection.

You can easily transfer money to friends and family, pay bills, receive funds, shop online, and purchase goods and services. All of your transactions can be done through the convenience of your mobile phone.

  • Accepted at merchant shops & online stores.
  • Pay your bills.
  • Withdraw money.
  • Send and receive money.
  • Buy Airtime and Data.
  • Easy & Convenient Payments.

No documents required for transactions up to N50,000 per day. Add money to your wallet anytime online or at your nearest G-Kala agent shop. No Internet Required. Just Dial *995# and It’s available through USSD & Website.

Gone are the days of standing in long bank lines. Now, you can open a bank account from the comfort of your own home with our digital account.

This account is designed specifically for you and offers all of the convenience and benefits you desire. No more waiting in lines, just a simple, easy process to open a bank account.

Glo MoneyMaster PSB

Brief Background of MoneyMaster PSB

Telecom giant Globacom has officially launched its payment service bank, MoneyMaster PSB, on October 6, 2022. The bank began commercial operations on May 30, 2022.

The company’s goal is to empower Nigerians by providing them with unlimited opportunities, and MoneyMaster PSB aims to do this by targeting the unbanked and under-banked population with its flagship product, G-Kala.

They are trying to increase financial inclusion in Nigeria. MoneyMaster was granted a payment service bank license by the Central Bank of Nigeria (CBN) on August 27, 2020.

MoneyMaster Payment service banks are able to facilitate payment and remittance services, accept deposits, issue debit and prepaid cards, and operate electronic wallets, but they cannot grant loans. MoneyMaster will be utilizing Globacom’s widespread network and agents in rural and urban areas as it begins its roll-out.

Customers can easily open an account by dialing *995# from any telecommunications network. MoneyMaster’s G-kala product utilizes the customer’s phone number as their account number.

With a gap of 79 million Nigerians without bank accounts or BVNs, there is significant potential for PSBs like MoneyMaster to bring more people into the financial services ecosystem.


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