Friday, 10 February 2017
ECOBANK TANZANIA LAUNCHES INNOVATIVE DIGITAL PRODUCT
Ecobank Tanzania Managing Director Mr. Ecoch Osei-Safo delivers his speech during the official launch of Ecobank Mobile App in Dar es Salaam yesterday. The app is a convenient and instant way of banking via the mobile phone.
Deputy Minister of Finance and Planning, Dr. Ashatu Kijaji speaks during the launch of Ecobank Mobile App in Dar es Salaam yesterday.
Deputy Minister of Finance and Planning Dr. Ashatu Kijaji shakes hands with Ecobank Tanzania acting board Chairman Mr. Peter Machunde after officiating the launch of Ecobank Mobile app in Dar es Salaam yesterday. Looking on is Ecobank Group C.E.O Mr. Ade Ayeyemi (Centre) and Ecobank Tanzania Managing Director Enoch Osei-Safo.
Deputy Minister of Finance and Planning Dr. Ashatu Kijaji (Centre) follows closely the proceedings of ‘Ecobank Mobile App” launch at an event held in Dar es Salaam yesterday where she was guest of honour. She is flanked by Ecobank Tanzania acting board Chairman Mr. Peter Machunde (left), Ecobank Group C.E.O Mr. Ade Ayeyemi (second right) and Ecobank Tanzania Managing Director Mr. Enoch Osei-Safo.
Ecobank Group C.E.O Mr. Ade Ayeyemi (centre) shares a light moment with the Deputy Minister of Finance and Planning Dr. Ashatu Kijaji (right) and Ecobank Tanzania acting board Chairman Mr. Peter Machunde at the launching of Ecobank Mobile App in Dar es Salaam yesterday. The app is a convenient and instant way of banking via the mobile phone.
Dar es Salaam, 09th February 2017 - Ecobank Tanzania (ETZ) has launched Ecobank Mobile App, a convenient and instant way of banking via the mobile phone.
The Ecobank Mobile App empowers customers to carry out a range of financial transactions including Fund Transfers- both local and Interbank, Airtime Top Up, Bill Payments, view Forex Rates, Account Statement viewing and requests, Merchant Payments as well as Card and Cheque Services.
Going forward, the Ecobank Mobile App will enable customers of the bank access their accounts via mobile phones and USSD channel thus ensuring convenience, 24/7 accessibility and speed while eliminating the need to visit or queue at any of the bank’s existing 8 branches.
The event was extensively attended by an array of people including the Ecobank Board of Directors, Customers and Staff of the bank, Ecobank Group Executives, Students, Diplomats, Government Officials, Representatives from the Central Bank and the bank’s business partners.
The Honorable Deputy Minister of Finance and Planning, Dr. Ashatu Kijaji, was the guest of honor for the occasion. She thanked Ecobank Tanzania for the initiative which she said would go a long way to accelerate and deepen financial inclusion efforts in Tanzania.
“The Ecobank Mobile App opens up huge opportunities for customers allowing them to shop, transact and do business without carrying cash. It is the first unified application of its type delivered by any institution to be used concurrently in 33 African countries.
We would leverage the power of digital to literally put the power at your fingertips” he said.
Ecobank Tanzania’s Managing Director, Mr. Enoch Osei-Safo said: “Today marks a turning point in our journey of positioning ETZ as the preferred digital gateway in Tanzania for individuals, businesses, traders and government institutions.
The Ecobank Mobile App would among others help our customers spend shop and pay without cash and with more convenience than they have ever imagined”.
In addition to its online banking products for individuals and businesses as well as the Ecobank Mobile App and the visa/MasterCard debit cards, ETZ’s “digital push” will see the bank rolling out more innovative digital solutions including Prepaid Cards, Ecobank Xpress Account and Masterpass QR in the coming months once all regulatory hurdles have been cleared.
The Ecobank Mobile App was first launched within the Group in Lagos, Nigeria in October 2016.
In the near term, ETZ’s customers will also be able to leverage the Ecobank Mobile App to open the Ecobank Xpress Account, which is a simplified digital account thriving on e-KYC.
Ecobank is also the first bank in Africa to partner with Mastercard, a leader in global payments and technology, to bring its customers Masterpass QR.
This new, cashless solution will make payments possible in-store and online via a mobile phone. Thanks to Ecobank, merchants in Tanzania will in the near future be able to leverage the power of Masterpass QR to grow their business.
Incorporated in Lomé, Togo, in 1988 Ecobank Transnational Incorporated (‘ETI’) the parent company of Ecobank is the leading independent pan-African banking group. It currently has a presence in 33 African countries, namely: Angola, Benin, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Congo (Brazzaville), Congo (Democratic Republic), Côte d’Ivoire, Equatorial Guinea, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea Bissau, Kenya, Liberia, Malawi, Mali, Mozambique, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Sierra Leone, South Africa, South Sudan, Tanzania, Togo, Uganda, Zambia and Zimbabwe. The Group employs over 17,500 people in 36 different countries in over 1,200 branches and offices. Ecobank is a full-service bank providing wholesale, retail, investment and transaction banking services and products to governments, financial institutions, multinationals, international organizations, medium, small and micro businesses and individuals.
Additional information on Ecobank can be found at ecobank.com.