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Monday, August 24, 2020 / 09:40AM /Ecobank/Header Image Credit: Ecobank
Ecobank has
launched the virtual card, a digital
payment solution for safe online payments, integrated into
its digital banking channel, Ecobank Mobile. The Ecobank Virtual Card was
rolled out in the recently released version of the award winning Ecobank
Mobile app which is available for downloading at the Google
Play and App Stores. All Ecobank current, savings and Xpress account holders
who are onboarded on the Ecobank Mobile app can now access a virtual card for
their online payment needs.
"The Ecobank
Virtual Card is a safe and secure way to make online payments without having to
use your plastic debit, prepaid or credit card," said Korede
Demola-Adeniyi, Head, Consumer Bank, Ecobank Nigeria. Further she noted
that "customers may use it for their online shopping needs, share or
create gift cards for loved ones who can benefit from this innovative
form of payment. The Ecobank Virtual Card is stored on the mobile banking
profile of each Ecobank customer who requests one. Access to the card is
password protected and encrypted for user safety. Deleting or blocking a
virtual card is very easy and can be done so at the touch of a button when
logged into the Ecobank Mobile App,"
According to
Mrs. Demola-Adeniyi s "the Ecobank virtual card supports recurrent
payments and can easily be used for Apple Music, Netflix or other online
subscriptions. The Ecobank Virtual Card is prepaid and users simply fund each
card with the amount they would like to spend online or gift someone
else. This gives the cardholder the flexibility and control over
spending. Users also receive an SMS and email notification for every
transaction done which enables easy tracking of transactions".
She noted that the
bank is "able to offer co-branded virtual gift cards to large
e-commerce merchants which can be restricted for use on their websites or
apps. We welcome them to contact us to discuss further. Getting an
Ecobank Virtual Card is also a very convenient process and does not require a
trip to a branch to activate or pick up".
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