Bank improving services through new application, says chief executive

BANK South Pacific (BSP) is improving the way it delivers banking services through its all-aboard application.
It is loaded on a new point of sale device called the Axium Device which allows BSP accounts to be open at any location where there is a reliable data connection via a hand-held tablet device.
BSP group chief executive officer Robin Fleming, pictured, said during the announcement of the third quarter financial results in Port Moresby last week that BSP customers “will now be able to open Kundu accounts in less than 10 minutes, with instant issuance of a pre-generated KunduCard and the ability to register for mobile banking”.
“BSP has been ensuring that customers have the accessibility to basic banking services which is an important part of a growing economy like Papua New Guinea’s,” he said.
Fleming also announced the new range of Electronic Funds Transfer Point of Sale (EFTPoS) devices being rolled out to all provinces to improve payments via the Kundu and Visa cards.
There about 118 new EFToS now available in the country for distribution while 150 are to arrive by the end of this month for a full rollout making BSP the leading bank in providing full range of EFTPoS coverage across Papua New Guinea.
The Axium device combines the benefits of account opening processes and support secure cashless payments which will enhance customers experience and gives a fresh impetus (Push) to inclusion of customers facing accessibility challenges in the rural areas.