Money

Ecobank, Mastercard Launches Discount Promotion With 9mobile On Masterpass QR Payment

 

Ecobank Nigeria and MasterCard have launched a discount promotion with 9Mobile Nigeria to drive the use of Masterpass QR payments at 10 of its Experience Centres in Lagos, Abuja and PortHacourt. Under the arrangement, consumers transacting business in any of the locations in the three cities in the country are expected to make payment with their Masterpass QR to access a N500 airtime offer when they spend N5, 000 and above. The offer, which is to customers of all the banks, will run between March 21 and April 30, 2018.

Speaking on the partnership, Head, Transaction Services Group (TSG), Ecobank Nigeria, Mr. Emile Sagna said, “building strategic relationships with merchants, consumers and technology platforms to deliver frictionless, real-time payments is crucial for us at Ecobank in ensuring that we take payments to the next level.” He disclosed that “Ecobank has issued 9Mobile and other merchants QR codes to allow consumers to use their existing banking apps from various banks to scan the QR code for payments at all participating 9Mobile Experience centers and other merchants locations..With the feature phone, the consumer needs to enter a merchant terminal Identifier into their phones to make payment.”

Sagna noted that Masterpass QR offers the consumer safety, convenience and speed to make digital payment anywhere and anytime. Further, he explained that Ecobank released its dynamic QR code which can be integrated into merchant’s ERP in order to address the peculiar needs of other business enterprises that require customized payment functionalities. He added that merchants will be able to generate dynamic QR codes for each payment request for the customer to simply input his PIN for authentication.

The MasterCard QR is available to merchants in different industries ranging from hospitality, Fast Moving Consumer Goods (FMCGs), Aviation, Insurance, Utilities, lifestyle, health and entertainment.

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