MEC, Inc. announced
today it has entered into agreements with pan-African financial services group, United Bank for Africa (“UBA”)
Plc to
provide a revolutionary email-based billing, payment and banking software
system called “EmailMoni.”
EmailMoni represents the world’s latest fin-tech for cloud banking
and social payments, and is expected to transform the payments,
invoicing/billing and remittances landscape in Africa. The service
provides a convenient and highly accessible application with multiple ways to
transact that are instant, secure, and low cost.
EmailMoni enables people and businesses to securely send and
receive invoices and money electronically in real-time, using their mobile
phone or any web browser compatible device. Users can send and request and
receive money using the mobile phone app, Microsoft Outlook app, or any email
service. Money can also be securely requested and/or sent using Facebook app,
SMS text and other methods.
EmailMoni Apple iOS App and
Android App can also interact with point of sale (POS) systems, e-commerce for
quick and secured payments online, as well as card-less ATMs using Quick
Response (“QR”) Codes enabling withdraws from the system at thousands of ATM
locations.
EmailMoni will enable faster
more efficient payments for UBA customers who are billers, such as airtime,
cable and utility companies. Customers can also send and receive secure
payments instantly and conveniently, while non-bank customers will be able
easily access UBA banking and payment services.
“We are proud to open any
frontier for e-payments in Africa with EmailMoni. This conforms with our desire
to continuously deliver innovative and convenient payment options to our
customers. Our innovations in the digital banking space have been possible
because of our huge investments in building efficient, trustworthy platforms.
We assure our customers that we are committed to continually bring the best in
the financial technology space to ensure they always have the best and most
convenient banking experience with all our service channels,” said Yinka
Adedeji, Divisional Head, Digital Banking, UBA.
Ed Starrs, CEO of MEC
commented: “EmailMoni will be instrumental in the positive transformation of
Africa to a digital banking system and enable greater access to secure
commerce. EmailMoni focuses on the banks’ customers making sure they can access
their money anywhere and anytime. EmailMoni enables UBA’s customers to
communicate just like using email and pay for all their transactions in one
place. MEC along with our sales partner in Africa, Centric Gateway, Nigeria,
Limited, are committed to providing industry leading technology and service to
support UBA in meeting their e-payment goals.”
“EmailMoni, powered by MEC,
will be a fundamental change in the payment space in Africa,” stated Omoniyi
Kolade, CEO of Centric Gateway. “The email-based payment platform will enable
our client UBA to deliver fundamental value in promoting cashless and digital
banking for their customers in their day to day transactions. EmailMoni will
remove hurdles being faced by customer transactions and maintain speed, ease of
use, along with security in between customer, retailers, businesses, biller,
e-commerce, etc. This is the first solution in the Nigeria payment service industry
that addresses customer payment affairs in a seamless way.”
No comments:
Post a Comment