March 26, 2016/Ecobank Nigeria

Ecobank Nigeria Limited has upgraded its instant debit card issuance process, enabling walk-in customers get their personalized cards at over 370 Ecobank Nigeria branches within few minutes. The Ecobank Instant Debit Card is naira-denominated and gives the cardholders 24/7 access to funds in their naira accounts from any part of the world.

Announcing this innovative service in Lagos; Head, Cards and e-Banking, Ecobank Nigeria, Ayotunde Kuponiyi said  the introduction of the card is in line with the Bank’s philosophy to meet and surpass customers’ expectations. According to him,  with the naira denominated card, holders can access their funds and transact business in any part of the world with more ease.

He noted that the personalized debit card is easy to obtain, “The Ecobank Instant Debit Card is produced in-branch and with customer’s details. The card can also be activated by the customer on an in-branch POS terminal immediately he/she collects it. Customer can therefore walk out of the branch with a functional card within few minutes. “

Kuponiyi explained that the card can be used for cash withdrawal on over 1.8 million ATMs around the world, pointing out that the cardholder receives the currency of the country where the cash is being withdrawn. Also, the card can be used for payment on POS terminals at over 29 million Merchant locations in over 210 countries across the world including Nigeria. It can be used to purchase goods and services on the websites of both local and International merchants.

In his words: “With this card, there is therefore no need to source for forex when travelling abroad. This will equally help Nigerians who are travelling abroad during this Easter to go cashless. With this card, the customer can withdraw cash of up to $300 or its equivalent daily, outside Nigeria and also enjoy up to $1,000 for purchases on PoS/Web. This card is the solution Nigerians need at this time.”