Ecobank Ghana launched the ‘Ecobank Xpress Money Promotion’ in its bid to support the government’s cash-lite and ﬁnancial inclusion. It promo serves as a motivation for a suitable financial environment for sustained economic growth.
The Ecobank Xpress Account is a medium for Ghanaians to do business online. Thus, helping to make payments across 34 countries online.
The Ecobank Express Account is an online self-service wallet. It is real-time and very easy to operate on a mobile device. You can download the Ecobank Mobile App, open an Ecobank Xpress Account instantly and start transacting business. You must a have a registered SIM before you can use the app.
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Managing Director’s remarks
Dan Sackey is the Managing Director of Ecobank Ghana. He believes the Xpress Account is “one of the surest ways by which we can contribute to making Ghana a cash-lite, society.”
“If the country does not need to print note of currency, we are saving the resources of the country. It is a must that Ghanaians engage in cash-lite economy and indeed cashless communities,” he encouraged.
Mr Sackey said Ecobank’s mobile application is setting the pace to take in Ghana’s unbanked population. He also added that the financial inclusion campaign requires a collaborative effort for it to work.
Sackey stated that you withdraw or deposit into your Xpress account. You can do this at any of the 1,500 Ecobank Xpress Points nationwide.
“Currently, you can withdraw or deposit money into your Xpress account from any of the over 1,500 designated Ecobank Xpress Point locations around the country. You can also send and receive money to and from any bank account or mobile money wallet in Ghana.
He continued that you as well “send and receive money across the 34 countries we operate within Africa”.
How the promotion works
Head of Consumer Banking, Tara Squire explained how the promotion works.
“The Ecobank Xpress Money Promotion is aimed at rewarding customers with a deposit of Gh₵ 50 or more. Every week, 133 customers will be rewarded and a deposit of Gh₵ 50 into your Xpress Account gives you one slot and so the more the money, the more your chance to win big. First deposit attracts instant reward in the form of airtime or data. The interest rate on this promotion is 4 percent and it is running now up to March 8, 2019.”
“Non-customers are encouraged to open the Ecobank Xpress Account instantly, fund it and use it for transactions for cash prizes as the promotion lasts for 3 months,” he added.