The Story of Be Mobile Bank: democratizing access to banking services in Africa
The history of Be Mobile Bank is marked by the purpose of democratizing access to banking services in Africa.
Providing banking services is essential for millions of people around the world, but not everyone has easy access to them.
In Africa, many people live in remote areas where traditional banks are scarce or inconvenient.
Additionally, some people lack the necessary identification documents, credit history, or minimum balance requirements to open a bank account.
These challenges create barriers to financial inclusion and economic empowerment for many Africans.
Fortunately, there is a solution that can overcome these hurdles and provide affordable, convenient, and secure banking for anyone with a cell phone.
That solution is Be Mobile Bank, an institution built to serve Africa, get to know more of it.
The impacts of Be Mobile Bank in Africa
Be Mobile Bank was founded in 2020 by a team of entrepreneurs who saw an opportunity to harness the power of mobile technology to create a better banking experience for Africans.
They realized that cell phones were widely used and affordable in Africa, with over 1 billion subscribers and an 80% penetration rate.
They also recognized that cell phones could enable faster, cheaper and more secure digital transactions than cash or traditional banking methods.
So, Be Mobile Bank was born to be a neobank, which means that it operates completely online, without physical branches or infrastructure.
This allows it to offer lower costs, greater convenience and greater accessibility than traditional banks.
The Benefits of joining Be Mobile Bank
Banking mobility is not only a trend, but also a necessity in today’s world.
More and more people are using their mobile phones to access various online services, including banking services.
Therefore, Be Mobile offers many benefits that can improve your financial well-being and quality of life.
Some of these benefits are:
- Convenience: You can bank anytime, anywhere with just a few taps on your phone.
- Cost Savings: Save money on fees, commissions and charges that traditional banks often impose.
- Security: Protect your money from theft, loss or fraud using your phone’s biometric authentication or PIN code.
- Flexibility: Choose from a variety of currencies, products and services to suit your needs and preferences.
- Empowerment: Take control of your finances by tracking your income and expenses, setting budgets and goals, saving for emergencies or opportunities.
How to get started: Configuring your Be Mobile Bank app
All you need is a smartphone, an internet connection and a valid ID. Here are the steps to follow:
- Download the Be Mobile Bank app from the Google Play Store or IOS App Store;
- Open the app and tap “Subscribe”;
- Take a selfie and upload a photo of your official identification document (such as a passport, national ID card or driver’s license);
- Enter your personal data such as name, date of birth, email address and telephone number;
- Choose a PIN code and set up your biometric authentication (such as fingerprint or face recognition);
- Verify your phone number and email address with codes sent to you via SMS and email.
Congratulations! You have successfully created your Be Mobile Bank account.
Exploring the Features and Functionality
The Be Mobile Bank app offers a variety of features and functionality that make banking easy and fun.
Below is a highlight of the main ones:
- Control Panel: Here you can view your account balance, transaction history and currency exchange rates.
- Send money: You can send money to anyone with a phone number, anywhere in the world.
- Request money: Request money from anyone with a phone number, anywhere in the world.
- Pay Bills: Pay your utility bills, services, subscriptions and more.
- Buy Cell Phone Credit: Purchase cell phone credit for yourself or anyone else with a phone number.
- Savings: save your money and earn interest on your balance.
- Loans: Apply for payable loans with flexible terms and low interest rates.
- Investments: invest your money to get a return on his investment portfolio.
Improve your financial management with Be Mobile Bank
The Be Mobile Bank application is not only a tool for banking services, but also a tool for financial management.
You can use your Be Mobile Bank app to improve your financial skills and habits.
You can also use your Be Mobile Bank app to achieve your financial goals and aspirations.
Plan your budget, track your income and expenses and set alerts to have a more accurate follow-up of your financial life.
Set some financial goals that are consistent with your reality and take advantage of the bank’s resources to boost your income.
Open your Be Mobile Bank account and have comfort, security and control of your financial life in the palm of your hand.
We hope this information has been very useful to you.
Thank you very much for reading us.
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