Ecobank inks deal in bid for 100m clients

Ecobank Group has signed a memorandum of understanding with Mastercard to roll out a mobile payment solution across 33 African countries. PHOTO: COURTESY

Ecobank Group has signed a memorandum of understanding with Mastercard to roll out a mobile payment solution across 33 African countries.

The solution, Masterpass QR, is expected to give Ecobank the scale and capacity to hit its target of 100 million customers by 2020.