LAGOS – EcobankPay, the lifestyle digital payment and collections service of Ecobank Nigeria leads the pack as the bank takes its financial inclusion campaign to higher institutions of learning across the country.
The Digital Campus campaign is making available digital banking platforms to students, teachers, other workers and businesses within campuses enabling them transfer and receive funds easily, engage in cardless withdrawals from ATMs and make payments with EcobankPay using their mobile phones.
Commenting on why the bank decided to embark on the campus campaign, Ayodele Osolake, Ecobank Nigeria’s Head, Consumer Banking, said: “the last edition of this campaign has warmed us more to the students, lecturers and other workers on the campuses visited, as they are now able to do banking just with their phones. This has eased the entire banking process for them, whether they are opening accounts, sending and receiving money, paying school fees or withdrawing cash without cards through the Ecobank Xpress cash.
Parents and guardians are now able to transfer money to their children’s Ecobank accounts, which they can withdraw without a debit card at any Ecobank ATM (using Xpress Cash) or Xpress Point”.
“We feel it will be a disservice not to reach other campuses not visited during the first edition. Showcasing our various digital products to an increasingly digital audience is a perfect match; they will find it much easier and simpler to transact remotely, thus meeting up with their financial and lifestyle needs, without having to walk into a bank branch.
“We are committed to visiting all institutions of higher learning in Nigeria; all stakeholders within these systems will benefit from our pervasive digital banking services.
“This edition is special as we plan to make all the campuses visited EcobankPay zones as all shop owners within the campuses will be encouraged to adopt the payment solution”, he said.
EcobankPay is free to set up as the shop owner only needs his/her QR code and phone for notifications to start receiving quick and easy payments. EcobankPay’s unique offering is that anyone from any bank in Nigeria can pay with MasterPass, mVISA and mCASH with any phone by scanning QR code or using USSD.
If the person that wishes to buy goods is coming from a bank that has mVisa and wishes to pay, the same QR Code would accept mVisa payment and vice versa. That creates convenience for the merchants. The QR Code is at no cost”.