Wema Bank Plc is a resilient company, with evidence in the digitally driven financial institution’s financial results. Wema has been capping the year with strong growth in key financial indices, especially as the bank crossed the N1trillion mark in total assets in 2021.
The Managing Director/CEO of Wema Bank Plc, Moruf Oseni, once explained the facts behind the bank’s growing numbers during the half year ended. Wema Bank is the pioneer of Africa’s first fully digital bank, ALAT, and one of Nigeria’s most resilient banks. With decades of experience in the business of banking, the Bank has remained innovative in delivering value to its stakeholders. The publicly quoted Nigerian company has successfully built a legacy of trust and resilience that has won it the loyalty of its customers. The Bank is constantly introducing products and services tailored to the needs of its customers at every stage of their lives. It is a proud partner to more than one million individuals, families and businesses across Nigeria, helping them achieve their personal and financial goals.
Wema Bank’s digital channels remain a priority in meeting customer needs and closing the financial inclusion gap. With a transaction value of N131.5 billion, USSD recorded over 58.6 million in transaction count (+55 per cent), reaffirming its focus to grow channel usage.
Mobile banking users completed over 42.8 million transactions last year, further driving the financial inclusion initiative of Wema Bank.
Wema Bank’s prepaid card allows customers to spend whatever amount of money is stored on the card. Once the balance is used up, you can reload the card online, or at any of our branch offices closest to you. Prepaid cards are issued by banks and branded by major payment companies, including Visa, MasterCard, and Verve.
A prepaid card is as good as cash and sometimes even better. It is a safe way to carry money around unlike, say, a wad of paper money. Prepaid cards also come with certain consumer protections, while cash does not.
Under Moruf Oseni’s leadership, Wema Bank’s prepaid card can be used for online purchases. It can make a more attractive gift than cash.
Wema Bank’s technological platform is a smart and convenient way to manage bills and daily expenses through the use of the Wema Utility Prepaid ATM Card.
Customers can get a card for their teenage children, nannies, chefs, drivers, or those under their pay list.
Besides convenience, Wema Utility Prepaid Card, is a sure primary bank account that is not exposed to the risk of internet fraud or physical theft.
The Wema Bank Utility Prepaid card is a pre-loadable card with an independent electronic wallet account. It can be loaded or reloaded via any electronic banking platform in Nigeria. The Wema Bank Prepaid Card is safe and secure so you can worry less about your card being hacked while shopping anywhere in Nigeria or through any channel.
Wema Utility Prepaid Cards are a wallet-based naira denominated Verve Card. As a prepaid card, one is expected to preload the value he anticipates to spend. Wema Utility Prepaid Cards present the most convenient loading and reloading functionality, as it could be loaded by fund transfer through any e-banking channel.
To get a prepaid card, customers can visit any Wema Bank Branch to get one Instantly or request through the self-service request portal.
Wema Bank takes care of its customers. The bank has proven to be thoughtful of its customers’ well being, while it welcomes contributions from diverse perspectives and experiences.
Olamide Adeniji is a member of the editorial team of TheScript Newspaper