Mobile Money and Telcos | |
Mobile Money and Telcos | |
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Friday, June 26, 2020 / 06:50PM /Ecobank / Header Image Credit: @ecobank_nigeria
Ecobank has extended its zero-charge fee for digital money
transfers below N5,000 till the end of September this year. In addition to the
free USSD session fee currently enjoyed by Ecobank customers, users of Ecobank
Mobile, Ecobank Online, USSD - Ecobank *326# can continue to enjoy zero fee
charge for digital money transfers below N5,000. New customers can also benefit
from this by opening an Xpress account from the comfort of their homes by
simply dialling *326#. The zero charge for mobile money transfers by
Ecobank commenced in March as part of the bank's corporate action to cushion
the rising spread of Corona virus. The decision to extend the zero-charge
policy is hinged on the bank's drive to continuously encourage citizens to
adopt digital banking particularly with the ongoing social distancing campaign
targeted to check the spread of COVID-19.
According to Olukorede Demola-Adeniyi, Head, Consumer Banking,
Ecobank Nigeria, " As a bank, our priority is people's wellbeing. We place
great emphasis on rewarding and identifying with our customers and citizens of
Nigeria especially at a time like this. We are determined to ensure that the
impact of the pandemic is minimal on citizens. We encourage our customers to
utilize our digital self-service solutions including Ecobank mobile app, Ecobank
Online, EcobankPay, Ecobank Omniplus, Omnilite and the rapid transfer app;
where they can easily access their bank accounts, make payments, transfer
funds, process salaries and carry out ancillary banking transactions from the
comfort of their home and offices without having to visit the branches".
She further stated that, " At Ecobank, we are always
finding ways to improve our customer experience digitally, which is why I
encourage our customers to upgrade to the new Ecobank mobile app 4.0. Customers
can carry out banking transactions and enjoy some of the new features that the
app provides, such as the ability to send money via email or SMS and of course,
take advantage of the zero charge on money transfers below N5,000".
She added that the bank was also supporting over 50,000 farmers
across the country to grow maize, under the CBN Anchor Borrowers program with
the Maize Growers, Processors and Marketers Association of Nigeria(MAGPAMAN).
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