Small and Medium Enterprises that use EcobankPay can easily access business loans from Ecobank, says  Mr. Patrick  Akinwuntan, Managing Director,  Ecobank Nigeria.

Mr. Akinwuntan disclosed this at the launch of EcobankPay Zone in Amu Market, Mushin, Lagos, on March 19, 2019.

Akinwuntan also added that by monitoring transactions on EcobankPay, the bank can approach high-performing SMEs with a loan offer.

According to Akinwuntan,  “When a customer comes to pay with the POS, it takes 24 hours for the money to reflect in your account, but with EcobankPay QR Code, you get value instantly.”

“To get a loan to expand your business as a small business owner using EcobankPay doesn’t require many details. We can see all we need to know about your business from your everyday transactions.”

“And we can even be the one to approach you with the loan offer because we can see that your business is performing and you need to expand to make more profit.”