The Managing Director, Ecobank Nigeria, Mr Patrick Akinwuntan, said the bank would continue innovating more payments and financial solutions which best served traders.
Akiwuntan stated this in his congratulatory message to mark Alaba International Market’s 40th anniversary in Lagos on Thursday.
He said the bank remained committed to building a solid partnership with business women and men in the market.
Akinwuntan said that the bank had designated Alaba Market as an EcobankPay zone, meaning patrons of the market, Ecobank and non-Ecobank Account holders, had more easy, secure and convenient ways to pay when they visited the market.
According to him, EcobankPay’s unique offering for traders and their customers is that anyone from any bank in Nigeria can pay with MasterPass, mVISA and mCASH with any phone by scanning QR code or using USSD.
He also said that traders could now enjoy more possibilities to grow their businesses as they could also sell to customers with EcobankPay in 32 countries in Africa.
The managing director said: “We celebrate with our esteemed traders in Alaba on this occasion of their 40th anniversary.
“We treasure our long-standing relationship and want to assure them that we will continue to work tirelessly to delight them with our services and grow with them.
“This is why we are designating this market as the hub of our EcobankPay zone to enhance digital payments within the market, and drive the digitisation of Nigeria’s economy,” he said.
He added that EcobankPay was free to set up as shop owners only needed QR code and phone for notifications to start receiving quick and easy payments.
“When you sign up, your EcobankPay QR is emailed to you, which you can print and post/stick 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. Your customers can now pay you from anywhere in Nigeria and around the world, anytime.
“Your customers can use the Ecobank Mobile App or others to pay with mCASH, mVISA and Masterpass.
” We are excited by this opportunity and thank you for making Ecobank your payments partner of choice,” he added.