via NCB’s press team
For Immediate Release:
Kingston Jamaica, 12 August, 2016: Members of the public are now able to make everyday purchases and to send and receive money with their mobile phones at select locations and participating merchants island-wide, thanks to a new partnership between the National Commercial Bank Jamaica Limited (NCB) and United States-based technology company, Quisk Incorporated to launch a mobile money solution on the island.
The solution dubbed NCB Quisk is a secure, mobile money account that will enable persons to send and receive monies and pay via text messaging. The solution is compatible with cell phones that have SMS capabilities – no smart phone, internet access nor apps are required; and is secured with a six-digit PIN that must be entered to access personal accounts.
The initial access points are: all MegaMart stores, selected Fontana and Island Grill locations. The inclusion of additional merchants will be an ongoing exercise as NCB builds out this convenience for customers and users.
“Our aim is to improve the way in which our customers and all Jamaicans can avail payment options in a simple, secured and convenient manner. Our market demands this and the future of the Jamaican payment landscape requires this introduction. Septimus ‘Bob’ Blake said.
Blake further highlighted a significant benefit to being an NCB Quisk merchant, stating that merchants can now expect reduced costs associated with transporting and securing cash. It will also represent a more affordable payment method for low value transactions which are usually not accommodated by debit and credit cards. “Customers can sign-up by visiting the online portal to register and presenting their TRN and Photo ID at designated NCB branches,” Blake implored, adding that NCB also makes it possible for persons without a bank account to access the benefits of the product. Customers can visit any NCB branch to sign-up using their TRN and a photo ID.
“Quisk is NCB’s direct response to what today’s customers expect and demand for more personalized service models in banking. Banks today need a better mix of high-tech and high-touch interactions to be able to satisfy customers.,” Blake added.
Quisk, Inc., http://www.quisk.co, based in Silicon Valley, is an innovative cloud-based technology company empowering all people to save, spend, or access money from anywhere, on any device. Partnering with forward-thinking banks and financial institutions, Quisk delivers a quicker and easier way to pay, without needing cash or cards. Quisk is a winner of the Red Herring 2015 Global 100 Award, and is on twitter across Jamaica @GetQuisk.
About National Commercial Bank Jamaica Limited
National Commercial Bank Jamaica Limited (NCB), www.jncb.com, is the largest financial group in Jamaica and is a member of the NCB Group of Companies. With roots dating as far back as 1837, NCB provides an array of products and services from 36 branch locations island-wide, including deposit accounts, unsecured and secured loans, credit cards, foreign exchange, and personal and private banking services. They are available on Twitter @ncbja.
Quisk Media Contact