Electronic banking blitz

Business, Normal
Source:

The National, Wednesday 27th March, 2013

By GYNNIE KERO
BANK South Pacific (BSP) will visit more business houses this year to educate workers and employees on electronic banking channels such as ATMs, Eftpos, mobile and internet banking.
In line with this, BSP’s Susan Geita and Maimu Bae visited The National yesterday to promote electronic alternatives such as mobile and internet banking and assisted employees to open new accounts
A BSP spokesman said the bank’s goal for this year was to go out to communities and promote alternatives, which customers would utilise without having to queue up in the branches.
He said electronic banking was cheap and it was important that customers were educated to avail of the service.
Group chief executive officer Ian Clyne told The National recently the endless queues outside BSP branches around the country need not be the case if only more people use modern electronic banking.
Electronic banking is something the bank was trying to emphasise.
“There are solutions with tele­phones, ATMs and Eftpos … 40% of the customers do not need to be in the branch,” Clyne said.
“These channels are actually cheaper for the customer, so we need to teach the customers to do better banking.”