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Nigeria’s Polaris Bank unveils VULTe, new standard in digital banking

By Pavithra R

May 20, 2021

  • Nigeria
  • Nigerias
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Nigeria's Polaris Bank unveils VULTe, new standard in digital bankingNigeria’s leading retail Bank Polaris has announced the launch of a digital bank called VULTe. Through the launch, the bank aims to offer customers and non-customers a 24-hour seamless service.

“This is a milestone in our pursuit of a strong and digitally-led retail brand. When we started the Polaris journey almost three years ago, we were very clear on the type of Bank we must build and the direction we must go. This was largely informed by the fast pace of change in financial service provisioning and the apparent technology-defined outlook of our business.”

“We are therefore bringing VULTe to the market place today. And this is not another mobile App, but one with a world of difference, a mobile digital bank. This is your Bank in your hand, affording you total Control of your financial service needs. With VULTe, you serve yourself, the way you want to be served,” said M.K Ahmad the Chairman of the Bank.

The newly launched banking platform is returning all powers to the customer as king. It comes in mobile (Android and iOS) and Web Applications and allows customers with either of the options, to access banking services at the click of the button. All Bank customers in the country can take advantage of VULTe to carry out their banking transactions including account opening, bills payments, transfers, balance enquiry, airtime recharge and quick loans.

“With VULTe, we affirm our resolve to serve the customer better and make their banking experience, more pleasurable. Therefore, we will continue to launch an array of banking products to cater to the varying needs of our diverse customers,” said Mr Innocent C. Ike, the Acting Managing Director/CEO of the Bank.

According to Ike, customers are now at liberty to enjoy an unhindered, contactless and refreshing banking experience all at the tip of their fingers thanks to the newly launched VULTe app.

All onboarded customers will be able to access PayDay Loan on both mobile and web digital platform where eligibility will be displayed to the customer within the VULTe application. Additionally, onboarded customers will able to pay taxes and levies for different government parastatals besides several other benefits such as ability to perform intra-bank and inter-bank transfers.

The bank has also announced special reward packages for early users of the VULTe app. The first 2000 persons who download VULTe from Appstore or PlayStore and make a transfer on the platform, stand to win a collection of beautiful mementos like; Mugs, Michael Cable Charger, Key Rings, Pop Socket among other collection of gifts.

“For your loyalty and positive acceptance of VULTe and all other banking services offered by Polaris Bank, on behalf of the Board, Management and Staff, I’m happy to announce some mouthwatering offers to everyone following us to mark this occasion,” said Mr Muhammed Abdullahi, Executive Director, Abuja and Northern Region of the Bank.

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