Business

Ecobank E-Payment channels to stimulate CBN’s finance inclusion- Okpanachi

The Deputy Managing Director, Ecobank Nigeria, Tony Okpanachi, has said the lender’s Electronic Channels will further stimulate Central Bank of Nigeria (CBN) finance inclusion strategy and continue to stimulate nation’s economy.

He noted that the introduction of various innovative electronic payment platforms by the bank is in line with its deliberate policy to provide seamless and innovative services to customers and banking public.

Speaking in the same vein recently, Head, Consumer Distribution, Ecobank Nigeria, Tunde Kuponiyi, said the various mobile payment applications being introduced by banks in the country will soon dominate the e-payment system, stating that, the payment system only requires sensitization among the banking public.

 According to him, “Nigerians will embrace the culture of using the phones for payment. As with every new product, sensitization is key to speedy uptake and with every finance institution focusing on it, uptake will grow consistently in the coming years. Mobile banking is the future and we believe this will be embraced faster than any of the traditional electronic products i.e. ATM and Cards that we have today.”

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