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Ecobank Hqs

Ecobank’s Masterpass gets high patronage amidst squeeze in economy

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Many Nigerian firms and mainly banks have even before recession worked out several growth and hard times survival strategy even in hard times and most of the models are gaining ground, thus raising the hopes of early exit from recession.

Ecobank Nigeria seems to be among the firms whose growth systems are working during hard times as its product- Masterpass QR is now attracting huge patronage, as customers are treated to its service delivery.

According to the Deputy Managing Director of the bank, Tony Okpanachi, Masterpass QR is really an innovative global digital payment solution to raise the bar in the nation’s financial landscape. He further expressed delight over the level of acceptability and patronage by the bank’s customers.

Okpanachi added that recent review has shown that many wholesalers and retailers in the country have adopted the payment technology as their preferred means of receiving payments for goods and services.

He noted that “We are quite impressed with the level of acceptance and enthusiasm so far shown by all segments of the society. The patronage has been phenomenal.

“Supper shops, fuel dispensing stations, hotels, food vendors, intra-city transporters, even the operators of tricycle are not left out in adopting Ecobank Masterpass QR for their transactions. This is certainly a big plus for the Nigerian economy.

In another remark, the Head SME, Commercial Banking, Ecobank Nigeria, Sunkanmi Olowo, described the App as becoming the toast of mobile payment operators, bringing many millions quickly into an organised financial system.


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