Ecobank partners Total Nigeria on agency banking
18 July 2018 |
2:59 am
ECOBANK Nigeria has announced a strategic partnership with Total Nigeria Limited, to offer agency banking services at Total filling stations nationwide. The scheme will commence with 100 selected stations to ensure members of the public carried out their financial transactions such as deposits, withdrawals and account opening at Ecobank Xpress Points. …
ECOBANK Nigeria has announced a strategic partnership with Total Nigeria Limited, to offer agency banking services at Total filling stations nationwide.
The scheme will commence with 100 selected stations to ensure members of the public carried out their financial transactions such as deposits, withdrawals and account opening at Ecobank Xpress Points.
Also, transfers to Ecobank and other banks, bill payments, airtime top up would be done seamlessly at the selected locations.
Announcing the partnership in Lagos, Executive Director, Consumer Banking, Ecobank Nigeria, Carol Oyedeji, said the deployment of Ecobank Xpress Points through Total Nigeria, is an extension of the bank’s distribution and financial inclusion strategy to take banking services to the doorsteps of every Nigerian and African.
She said the outlets would offer convenient and accessible financial services in a cost effective and secure manner, stressing that Ecobank was determined to extend the reach of its banking services to customers in remote and rural locations with its agency banking initiative.
“To deliver our strategy of reaching 100 million customers by 2020, we have created innovative platforms, products and services, which are already serving a much larger customer base.
“These agent locations will support some of the innovative services we have introduced to the market such as Xpress, which allows customers to withdraw cash at ATMs without their cards, transfers within and across 33 countries through the Ecobank Mobile App and our proprietary money transfer service, Rapid Transfer, among others,” Oyedeji explained.
Commenting on the partnership, Total’s General Manager, Sales and Marketing, Adesua Adewole, said: “At Total, the team develops our network of service stations everywhere in Nigeria daily, to bring Total closer to its 200,000 daily customers.
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