Creating equitable access to essential banking services for all

In rural communities where a lack of proper banking infrastructure presents a significant challenge for people requiring basic banking services, Ascend and TrueMoney have established TrueMoney centres through partnerships with local shops, convenience stores, pharmacies, cafes, or even through street vendors to provide service locations that support transactions such as cash withdrawals, pre-paid credit top-ups, utility bill and phone bill payments and even facilitating cash pickup from overseas remittances. Most of TrueMoney agents are local entrepreneurs and shop owners who want to make ends meet. Besides gaining more income, they have played a vital part in helping people in their community to access easy, safe and transparent transactions.