- It is easy to use
- It is safe and secure
- It is convenient and accessible
Banking facilities will be extended to people who presently have limited or no access to banking services. (Under-banked and un-banked).
The current banking systems will experience major improvements with the introduction of a wide range of affordable and secure new banking products and services.
There will be major improvement in salaries and wage payments in all sectors.
An opportunity will be created for the development of a large agency sector (using individuals as well as merchants, bank branches etc) to sell a variety of pre-paid products.
Easy and timely disbursements of loans, advances and deductions from salaries and wages can be effected by the system. Efficient and timely collection of insurance premiums can also be effected by the e-zwich system
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