African financial service provider Ecobank is to use Datacard’s instant issuance solution to produce its Visa CashXpress cards in-branch.

With the solution in place, customers will no longer have to wait for two weeks to receive the prepaid card. The card can be used for payments and withdrawals from ATMs and POS terminals worldwide.

Rick Thomson, head of card operations for Ecobank South Africa, said: "This multi-currency payment card provides the alternative to carrying cash and is great for individuals travelling abroad or who do not have a bank account.

"It’s very important to us to offer convenience and enhanced customer service and we’re so excited to now be able to offer it instantly to customers."

Datacard worked with electronic payment provider A2M Technologie to provide the instant issuance system and software.

Uwe Jaspers, regional instant issuance director for Datacard, said: "Improving customer convenience was crucial in order for Ecobank to maintain and increase customer loyalty.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

"We were able to help Ecobank achieve this through our innovative products and solutions, as well as our partnership with A2M Technologie."

 

Related articles

Datacard issues prepaid cards to flood victims in Canada

Instant issuance to become standard in US banking