Ecobank Nigeria Limited says it is giving out special discount for shoppers using the EcobankPay option to pay for their goods and services during the Easter holidays.
A statement from the bank said that this offer would run till the end of April 2019.
The statement said, “EcobankPay is a digital QR code/ Unstructured Supplementary Service Data that enables payments using the mobile phone, without the need for a debit/credit card.
“When you sign up, your EcobankPay QR is emailed to you, which you can print and post/stick it anywhere your customers can see it to easily scan and pay. When paid, you receive notifications and transactions can be viewed in merchant app or online, most especially your account is credited immediately.
“Your customers can now pay you from anywhere in Nigeria and around the world, anytime. Your customers can use the Ecobank Mobile App or other bank’s mobile app to pay with MCash, MVisa and Masterpass.”
While announcing the Easter promotion in Lagos, the Executive Director, Commercial Banking, Carol Oyedeji, said shoppers were to get special discounts in shops in Lagos, Abuja, Port Harcourt, Benin, Warri, Aba and other cities across the country where the EcobankPay QR code was on display.
Explaining the accessibility of the EcobankPay QR code, she noted that it accepted all three payment platforms available, which are MasterPass, MVisa and MCash.
She stated, “Also, the discounts are available at all EcobankPay zones. If the person that wishes to buy goods from you is coming from a bank that has MVisa and decides to pay, the same QRcode would accept MVisa payment and vice versa. This creates synergy between us and the other banks and convenience for the merchants. And as you know, the QR code is much cheaper than having a point of sale and your account is credited immediately.”
For the merchants she said, “The beauty of the EcobankPay, is in the cost of set up, as the shop owner simply prints the QR code on a paper and can stick it anywhere and do not face any risk. It is convenient and the mobile app allows the ubiquity. It allows you 24/7 access. We cannot over emphasis the instant credit.”
In the statement, Ecobank said it recently launched several EcobankPay zones in various markets across the country.
It added that the EcobankPay Zones are digital payment hubs, enabling businesses within a location adopt Ecobank’s wide range of digital products for ease of payments for goods and services.
“It provides the opportunity for both buyers and sellers to increase their sales in an enhanced and secured way,” the statement said.