As the vanguard of financial inclusion, Ecobank is striving to address the needs of the unbanked by transforming a mobile phone into an all-in-one bank account and payment/cash withdrawal tool. One such example is the innovative Xpress Cash functionality, which has been introduced as part of its upgraded mobile banking app.
Xpress Cash allows customers to withdraw cash from any Ecobank ATM using e-Tokens generated from the Ecobank Mobile app. The e-token generated can also be redeemed at agent locations within any of Ecobank’s 33 territories across middle Africa. Additionally, customers can send e-tokens to third parties via SMS, email or social media.