Guaranty Trust Bank Ltd (GTBank) has announced the launch of Quick Airtime Loan, a digital service that gives customers access to airtime on credit when they run out of call credit and have limited funds in their accounts.
According to the bank, eligible customers can access between N100 and N10,000 by dialling *737*90#.
The service is available across major mobile networks in Nigeria. The bank said the offering will later expand to include data loans.
GTBank said airtime credit services have largely been provided by telecommunications companies at charges of 15 percent.
It stated that its Quick Airtime Loan is priced at 2.95 percent.
Commenting on the launch, Managing Director of GTBank Miriam Olusanya said the product reflects the bank’s focus on digital solutions built around customer needs.
“Quick Airtime Loan reflects GTBank’s continued focus on delivering digital solutions that are relevant, accessible, and built around real customer needs. The solution underscores the power of a connected financial ecosystem, combining GTBank’s digital reach and lending expertise with the capabilities of HabariPay to deliver a smooth, end-to-end experience. By leveraging unique strengths across the Group, we can accelerate innovation, strengthen execution, and deliver a more integrated customer experience across all our service channels,” she said.
The bank said the service leverages HabariPay’s Squad platform, bringing together banking and payment technology to provide access through digital channels.
GTBank added that the product builds on its QuickCredit offering and its *737# USSD banking platform.
Guaranty Trust Bank Ltd is the flagship banking franchise of GTCO Plc, which operates in Africa and the United Kingdom.
HabariPay is the payments subsidiary of GTCO Plc, providing digital payment services for individuals and businesses.
