Ecobank Nigeria has rewarded its Agency Banking partners, also known as Xpress Point Agents across the six geo-political zones of the country with mouthwatering gifts for their performance from January to September 2020. The reward is coming ahead of the Ecobank Vanguard Digital financial Inclusion Summit which aims to bring together stakeholders in the digital financial inclusion space in Nigeria. Announcing the rewards in Lagos, Nike Kolawole, Head, Agency Banking, Ecobank Nigeria said it was expedient to recognize and reward agents across the country for their tenacity, also knowing that they are helping to drive the Ecobank’s financial inclusion strategy in Nigeria. She noted that the agents are already commending the bank for the gesture.
According to Kolawole, a total of 18 agents were selected across the geopolitical zones of the country based on their transaction counts and value from January – September 2020, adding that the winners were rewarded with 40 inch televisions while second and third winners went home with refrigerators and generating sets, respectively. She added that the aim of the Xpress Point is to let every Nigerian and household have access to Ecobank services within their neighbourhood to provide easy banking services.
“We are happy with our Xpress point agents, knowing they are playing a critical role in helping us reach out to the unbanked and underbanked in the society. They are bringing more people to the banking space through their services. They carry out financial transactions on our behalf and earn commission on every transaction processed. The consumer experience is very good as customers can do simple deposit, payment and transfers in their own neighbourhood rather than travel for hours to a bank branch. The Xpress Point is also a channel that is also being used for the deployment of national social intervention programmes of the government,” she said.
Kolawole listed the services offered by the Xpress point agents to include; cash in, cash out, fund transfer, bills payment, airtime recharge, remittance and account opening, among others. She added that the services are available for “sole proprietors, partnerships, co-operative societies, microfinance banks, companies with large distribution network – such as petrol stations, FMCGs, telecommunication companies, super agents, aggregators and unregistered businesses such as petty traders, hair saloon and others.