Ecobank Nigeria launches 'EcobankPay Zone' at Mushin Market, Lagos

Towards ensuring that Nigerians get quality banking transactions and good business dealings, Ecobank Nigeria, some days back launched the Ecobankpay Zone, at the Amu market, Mushin Lagos.

Managing Director, Ecobank Nigeria, Patrick Akinwuntan, who was at the launch, stated that the digital payment zone will break market clusters across the country as it will boost easy and convenient transactions in the market place.

According to Mr Patrick Akinwuntan, “Traders can now enjoy more possibilities to grow their business as they can also sell to customers with EcobankPay in 32 countries in Africa. 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, a special merchant QR Code product of the Pan African Bank, enables customers make seamless payment for goods and services across the three major payment platforms without the use of plastic cards.”

Mr. Akinwuntan said customers and non-customers of the bank who patronize the market will now have quick access to the bank’s digital payment offerings, stressing that it would remove the trauma associated with delays in paying for goods in the market.

For the merchants, the beauty of the EcobankPay is in the cost of setting up, as the shop owner simply prints the QR Code on a paper and can stick it anywhere and do not run any risks.

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