"We enable ATM Withdrawals Without A Card" - Ecobank

Proshare

Thursday, August 06, 2020 / 12:03 PM /Ecobank Header Image Credit: @ecobank_nigeria


 Proshare Nigeria Pvt. Ltd.


Ecobank has stated that cash withdrawals can be made at all its ATMs, without a card. The Ecobank cardless withdrawal concept, Xpress Cash, enables users to withdraw cash from ATMs using only a mobile phone, no ATM card is required.

 

The solution is seamless, secure and is driven by the generation of a code (e-token) by an account holder via the bank's USSD code *326# or mobile app, Ecobank Mobile.  The e-token can be sent to customers, non-customers and even people without bank accounts for cash withdrawal at all Ecobank ATMs nationwide.

 

Speaking in Lagos, Head, Consumer Banking, Olukorede Demola-Adeniyi "Digital payments are fast evolving. Customers want seamless experience across channels. We are committed to providing suitable options for our customers. Forgetting your card at home should not be a showstopper when you need cash".

 

She went on to explain that the concept recognises the needs of the unbanked. In her words "With Xpress Cash, our customers can send money to their loved ones who are not even banked. You can send money to your domestic servants or unbanked staff just by generating a code and sharing the code".

 

"As a bank, we are not only keen to make our services accessible, but also affordable. Xpress Cash attracts only a flat charge of N50. Our USSD code, *326# offers zero session charges; and transfers of N5000 or less using our digital channels are absolutely free of charge. Also, people abroad who need to send money to their loved ones can do so without paying transfer charges using the Rapidtransfer app",  she said.


Proshare Nigeria Pvt. Ltd.

 

Related News

1.       Ecobank Transnational Incorporated H1'20 Unaudited Results - Loan Losses Drag Earnings

2.      National Diaspora Day: Ecobank Offers Zero Fees on Rapidtransfer

3.      Ecobank Assures Farmers of Seamless Processes As They Access Agric Loans

4.      Ecobank Group Named Africa's Best Bank for Corporate Responsibility by Euromoney

5.      Ecobank Nigeria Extends its Agric Loan to 70,000 Farmers; Promotes Entrepreneurship

6.      COVID-19: Ecobank Nigeria Restates Commitment to SMEs and Agric Sector

7.      Ecobank Nigeria Holds 2nd Virtual Graduation Ceremony for Batch 8 Trainees

8.     Access and Ecobank Nominated for African Bank and Banker of the Year Awards 2020

9.      Global Finance Names Ecobank Most Innovative Bank in Africa

10.  Post COVID-19 Rebound - Ecobank Nigeria Holds Virtual Graduation Ceremony For Batch 7 Trainees

11.   Ecobank Pledges Improved Customer Satisfaction

12.  COVID-19: Ecobank Launches "StaySafeNigeria" Media Campaign

13.  COVID-19: Access Bank, Ecobank Bank Leverage Online Channels

14.  COVID-19 Pandemic: Ecobank Encourages Customers to Adopt Digital Self-Service Solutions

15.  Ecobank Nigeria Drives Financial Inclusion; Unveils Xpress Save And Xpress Loan

 

 Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd.

READ MORE:
Related News
SCROLL TO TOP