Ecobank Group’s RapidCollect™ Enables Businesses to Collect Their Payments Across Africa with Only One Account

Posted on by Staff Reporter | 41853 Views | 11 min read

RapidCollect™ caters for the needs of business customers across Africa, as the continent is at a unique point in its history  With only one account, business customers can receive funds instantly from their clients in their home country and across Ecobank’s (www.Ecobank.com) pan-African network; Ecobank business customers can now make instant automated reconciliation leveraging Ecobank’s

Eyowo Launches Digital First Mastercard Amid Growing Demand for Digitally Driven Money Management Solutions

Posted on by Staff Reporter | 21119 Views | 14 min read

As one of the first partner in Nigeria to join Mastercard’s Digital First Card Program, Eyowo delivers best-in-class digital banking experience to customers The Better Card is a numberless Mastercard debit card, which gives cardholders access to safer and more secure payments Today’s generation do everything from ordering meals to scheduling doctor’s appointments on their

PalmPay Hits 10 Million User Milestone in Nigeria

Posted on by Staff Reporter | 19371 Views | 9 min read

The fintech has gained significant traction with its payment’s app and nationwide agency banking network PalmPay (https://PalmPay.com/), a fintech innovator aiming to make digital payment more accessible and flexible, announced that it has reached 10 million users in Nigeria. This represents a doubling in its user base within just six months and puts its customer

Grey Raises $2M to Simplify Cross-Border Payments Across Africa

Posted on by Staff Reporter | 17041 Views | 13 min read

The service offered by Grey enables its customers to have virtual international bank accounts for free and enjoy a seamless foreign payment process Grey (https://Grey.co), a fintech started by two Nigerians to simplify sending and receiving foreign payments for Africans, has raised $2 million in seed funding. The service offered by Grey enables its customers

PalmPay Launches Wallet Safe Workshop to Improve Payment Security Awareness

Posted on by Staff Reporter | 19704 Views | 10 min read

According to the NIBSS (Nigeria Inter-Bank Settlement System), the total number of fraud attempts in Nigeria has grown by 186% from 2019 to 2020 PalmPay, a fintech innovator aims to make digital payment more accessible and flexible, announces the launch of Wallet Safe Workshop, a monthly campaign for payment security awareness training to help customers

Network International Reports Strong H1 2022 Results with Revenue Up 31% and Profit Increasing 113% Reflecting Strong Trading and Strategic Delivery

Posted on by Staff Reporter | 26235 Views | 43 min read

Network International’s offering includes acquiring and processing services, and an ever-evolving range of value-added services The company, which operates across Africa and the Middle East, has seen financial outcomes that reflect solid trading and strategic delivery, driving strong cashflow generation; Figures include new financial institution wins and merchant signups; accelerated transaction growth; cross-selling and launching

Firstmonie Agents Transact over 1 Billion Transactions, Reinforces FirstBank’s Leading Role in Promoting Financial Inclusion in Nigeria 

Posted on by Staff Reporter | 13347 Views | 9 min read

The Bank’s Firstmonie Agents play a critical role in promoting financial inclusion in the country   The Bank currently has over 180,000 Firstmonie Agents spread across 772 Local Government Areas in Nigeria Since 2020, FirstBank has economically empowered thousands of its Firstmonie Agents with over 100 billion naira credit facilit First Bank of Nigeria Limited, Nigeria’s

Ecobank Nigeria Extends Remittance Services to its Business Account Holders

Posted on by Staff Reporter | 14482 Views | 8 min read

The launch of the service follows the implementation of a seamless account opening procedure for customers who do not have domiciliary accounts with Ecobank Nigeria Ecobank Nigeria (www.Ecobank.com/ng/), an affiliate of the leading Pan-African banking Group, Ecobank Group, has extended its innovative remittance services to its business account holders. Under the new plan, business customers

Nigeria’s Economy Reaps Benefits of Real-Time Payments and Digital Banking Transformation – US$6 Billion of Additional GDP Growth Forecast by 2026 – ACI Worldwide Report

Posted on by Staff Reporter | 53174 Views | 26 min read

Nigeria is Africa’s undisputed real-time payments and digital payments leader, recording 3.7 billion real-time transactions in 2021 and ranking sixth in the league table of the world’s most developed real-time payments markets, according to the third edition of ACI’s Prime Time for Real-Time report The widespread uptake of new digital and real-time payment services helped

Ecobank wins the coveted Africa’s Best Bank, Africa’s Best Bank for SMEs, and Africa’s Best Digital Bank awards at the prestigious Euromoney Awards.

Posted on by Staff Reporter | 10656 Views | 9 min read

During the prestigious Euromoney Awards, Ecobank won the coveted titles of ‘Africa’s Best Bank,’ ‘Africa’s Best Bank for SMEs,’ and ‘Africa’s Best Digital Bank.’ The Euromoney Awards for Excellence, which have been running for 30 years, are highly regarded by the global banking industry. Ade Ayeyemi, Chief Executive Officer of Ecobank Group, said:” I am