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CEO: Ecobank mobile app will ‘transform digital banking’

CEO: Ecobank mobile app will ‘transform digital banking’
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Mr Ade Ayeyemi Group CEO of Ecobank has said that the bank’s newly-launched app will transform digital banking across Africa.

According to the CEO, the Ecobank Mobile App enables customers to open a new digital account with ‘no more than a few clicks and with no paper references at a large product.”

“The Ecobank Mobile App opens up opportunities for customers by allowing them to shop, transact and do business without cash. At scale, this will be transformational for Africa.”

According to the bank’s CEO, “through its purchasing power and Ecobank’s partnerships with Visa and Mastercard, the Ecobank Mobile App will be an accepted means of payment. With its removal of barriers to entry and affordable price points, the Ecobank Mobile App will empower the consumer to be on the move.”

The Ecobank Mobile App is an instant and convenient way of banking via the mobile phone. It is the first unified app delivered by any institution for use in 33 countries, according to the bank.

Display of apps on iPhone 6s
Display of apps on iPhone 6s

Patrick Akinwuntan, Ecobank’s Group Executive for Consumer Banking, says the new product has enabled the bank to create relevant solutions for its consumers.

“With the Ecobank Mobile App, Ecobank customers can now make and receive instant payments across 33 African countries on their mobile devices. They can also pay in store with their mobile phones. This is genuine convenience delivered to our consumers,” he adds.

At the launch of the app , Mr. Akinwuntan demonstrated how to make a payment, how to send funds, and how to receive money from merchants using Ecobank Masterpass QR technology. He also showed that opening an XpressAccount was an instant and easy transaction.

Also commenting, Charles Kié, Ecobank Nigeria’s Managing Director, says, “Nigeria is a leading hub for entrepreneurship and technology for Ecobank. This is why we chose Lagos as the venue to launch the Ecobank Mobile App. This new product will allow customers in Nigeria and other affiliates across our vast network, to grow their businesses by giving them a convenient and secure way of banking.”

According to him the launch of the innovative new platform  reduces the need to carry cash and gives customers the opportunity to deposit money through a mobile transfer brought together a wide range of customers, including students, various professionals, traders and transporters.

About the author

Avatar of Donatus Anichukwueze
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Technology Writer at Technology Times Media
e-mail: donatus.anichukwueze@technologytimes.ng

Donatus Anichukwueze Technology Writer at Technology Times Media e-mail: donatus.anichukwueze@technologytimes.ng

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