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Why Rapidtransfer App attracts zero charges, by Ecobank MD

Why Rapidtransfer App attracts zero charges, by Ecobank MD

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ECOBANK Nigeria Managing Director, Patrick Akinwuntan, has said zero charges attached to the bank’s Rapidtransfer App is to enable users have full value for money sent to their families.

Speaking at a media parley in Lagos, Akinwuntan said the Rapidtransfer App, unveiled last year, was created to encourage Nigerians in the Diaspora to send money to their families in Nigeria. He added that the pan-African bank is committed to improving lives of Nigerians and others in Africa through digital banking and excellent customer services.

According to him, the bank is also focused on aiding the growth of the Nigerian economy and has continued to roll out initiatives to make life easier for Nigerians by improving access to financial services.

The Ecobank boss said this during an interview in Lagos.

He said the bank remains the gateway to payments across Africa and serve African multinationals.

“We are proud of the likes of Dangote, present in various countries across Africa and we work closely with them. We are proud of all African multinationals be it the telecom or export businesses; they find Ecobank as a very strong partner,” he added.

The Ecobank boss urged Nigerians to take advantage of the numerous opportunities in the Nigeria, adding that fundamentals in the Nigerian economy remains strong.

“You look at the demography of the population of the country, over 50 per cent are less than 30 years old, that speaks of growth potential.

“Nigeria does have it challenges but in terms of the economic activities, it demonstrates a huge growth potential. You look at the intellectual capacity within the economy, as this is an aspirational economy, an economy where the average participant believes strongly he or she can do better.

“And therefore, for us the focus in Nigeria should remain the fundamentals. One, is infrastructure, power, rail in order to harness the significant potential in Nigeria.

“Kenya is exploring tourism, Ghana is exploring tourism. Togo has focused on being the relevant port for commerce within West Africa. We have so much potential in Nigeria, I think what Nigerians should begin to focus and discussing more is the opportunities we have and really highlighting where we have comparable advantage and do need to scale,” he added.

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