Ecobank begin sensitisation of customers about MasterPass QR
Ecobank Nigeria begin a sensitisation exercise of mass and conventional markets of its innovative global digital payment system, MasterPass QR, launched in Lagos.
The system allows people to pay for services using mobile phones. It also enables micro, small and medium enterprises (MSMEs) to receive digital payments from millions of their customers.
Its Head, Consumer Distribution, Tunde Kuponiyi, said the sensitisation exercise which is on-going in different parts of the country, is to create awareness amongst members of the public on the benefits inherent in the global digital payment platform, stressing that, the technology makes electronic payments safe, simple and smart.
According to him, the new digital platform is also in line with Central Bank of Nigeria’s (CBN’s) cashless policy and financial inclusion goals, adding that it will attract the unbanked to the financial landscape.
“I am impressed with the level of acceptance of this digital payment system since it was launched in October. Some merchants in Lagos have already started using it. More merchants across the country are expected to sign up. The enthusiasm displayed by members of the public since we commenced this sensitisation exercise shows that this product will bring more people to the banking system and also revolutionise the nation’s payment system within the shortest possible time,” he said.
Kuponiyi further explained that customers will also be able to pay for goods and services using the system thereby reducing the need to carry cash or bank cards. He noted that the bank will use its network to give customers access to choices with a larger range of products and services than any other bank across Africa.
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