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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»News»Access Bank Dual Transaction Service provides you a credit feature on your Naira Debit card
    Access Bank

    Access Bank Dual Transaction Service provides you a credit feature on your Naira Debit card

    1
    By Staff Writer on April 3, 2020 News

    Access Bank has just launched a new service called Dual Transaction Service (DTS) which avails profiled customers access to a credit line through their existing debit card. This means that your Debit card can act as a Credit card also.

    According to a statement from the bank, the DTS is a bundle service designed to allow pre-approved customers to access a credit line through their existing debit card.

    “This is the first time any bank in Nigeria will be providing this kind of combined essential service to its customers. We have been encouraging our customers to stay safe and connected by going cashless while using our various digital channels.”

    Related Story: Access Bank to launch a facial recognition payment system

    “We know these are trying times and our customers may need an extra boost during this period; so rather than have them go through the rigorous process of applying for a credit card, we will give them access to more funds using their existing debit cards.”

    This service is available to all Access Bank customers who earn from N20,000 and above.

    How to Activate the Dual Transaction Service

    • Dial *901*14#
    • Choose 1- to activate the DTS.
    • Choose 1 – to accept the Credit card terms and conditions.
    • You are set to start using your credit account. Start transacting!!!

    All you need to do after activation is choose credit as account type on any POS or ATM terminal during any transaction to access the credit account on their existing debit account.

    Here are the benefits:

    • 45-day interest free period
    • 10% Minimum Payment
    • 3-year validity period
    • Easy activation
    • Access to three times more than your monthly salary
    • No branch visitation required

    Related

    Credit Card Dual Transaction Service
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    I am a staff at Innovation Village.

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    1 Comment

    1. Sanusi Kabiru on May 28, 2020 9:25 am

      I have not been given where to repay account .my phone number 08056602983 I need my repayment account number. Thank u

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