08/03/2018 Press release
TOTAL NIGERIA PLC PARTNERS ECOBANK TO BRING BANKING SERVICES CLOSER TO CUSTOMERS
As part of efforts to make Total service stations a one-stop shop, Total Nigeria Plc partnered with Ecobank to improve the m-payment solutions offered to our esteemed customers across Nigeria.
Ecobank will be using Total's vast network coverage and strategically located stations as Ecobank Xpress Points to provide a full bouquet of mobile money services for 400 stations in the coming years. An initial batch of these Ecobank Xpress Points have commenced operations in 100 stations. Services offered include:
- Cash-out Transactions
- Money Transfer
- Bill Payments
- New Account Openings
- Cash-In transactions
Benefits of these partnership are:
- Additional payment method for goods and services, including SFS activity using QR Code technology – alternative to bank POS & cash.
- Enhanced cash management, especially with the re-introduction of the CBN cashless policy. This service will therefore aid in reducing our cash levels, and the corresponding charges we would otherwise have borne as a result of the CBN cashless policy.
- Attraction of more customers to our stations.
- Additional source of revenue for each of the transacting stations.
Thanks to this partnership, Ecobank customers and our customers can now carry out financial transactions with ease!