Best Bank for Cash Management Payments & Collection & also Best Bank for Transaction Banking Services Qorus Banking Innovation Awards 2022

Late in 2019, Ecobank embarked on a paperless initiative to discontinue the use of over-the-counter manual instructions in effecting bulk payment to multiple beneficiaries. This digitization drive was successfully implemented by deploying our world class payment solutions to our customer base thereby creating seamlessness and convenience for them to fulfill these payment requirements. • OmniLite provides a comprehensive payables management service, designed to improve payment processes, enhance operational efficiency and strengthen internal controls. The services offered include: o Electronic bulk supplier payments o Customer onsite payment services o Mass payment services o Mobile money payment o EFT/RTGS/SWIFT services o Over-The-Counter payment services o Africa Collect for global & international merchants o Africa Pay. Using a single account, corporates can process payments across 33 countries as local payments o Company payroll services o Cash delivery services o Prepaid card recharge o Mobile banking payment capabilities. • Pan-African Corporate API sandbox Ecobank, on Thursday, 27th August 2020, after a successful Pilot earlier in the year officially launched its Pan-African Banking Sandbox that allows partners and FinTechs across African countries and beyond to gain access to its Application Programming Interface (API) and develop innovative financial solutions. With this launch, Ecobank is fulfilling its commitment to, working with FinTechs across Africa to bring more innovation in Africa’s banking sector. The sandbox is yet another indication that Ecobank firmly believes that digital banking is the future and the future is now. Hence our commitment to lead Africa into the new age of innovative banking with fit-for-purpose One-Stop banking experience.