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The solution that helps you effectively manage all payments due from your domestic and regional customers. Easily integrated into your system and adapted to suit your specific needs.

Ecobank now provides a full range of solutions that enable you to receive and reconcile payments to better manage your day-to-day finances. Our solutions can be integrated to your account receivables system, with real-time updates of each payment you receive. Consolidated information on all your collections can be viewed on our RapidCollect platform. Our solutions will also help you migrate from cash and cheques to digital options.

Benefits

Achieve operational efficiency with your payments

Reduce the volume of cash and cheque transactions by migrating onto digital options

Simple set up

Real-time updates of each payment received

Flexible configuration of data capture fields to meet your specific requirements

Provision of comprehensive reports and analytics of payment transactions done on the system – exportable to formats such as PDF, Excel and CSV to assist with reconciliation

Specialised modification possible if you require validation of data before posting to your systems

RapidCollect - The Network Advantage (Regional Collections)

Ecobank operates in 33 African countries making it the largest pan-African banking group and in the best position to provide you an efficient regional collection capability.

RapidCollect offers a "One Bank" experience, designed to support your cross-border collections in line with each country’s regulatory framework. No need to open multiple accounts in different countries. All you need is a single account and the RapidCollect solution.

RapidCollect - Domestic (In-country collections)

The RapidCollect solution also helps you streamline your domestic collections.

Your customers can walk into any of our branches or to our teller implants within your premises to make cash or cheque deposits. You will receive real time information on all deposits onto your system or a platform of your choice.

Instantly receive funds into your account from your home country and across our network

Origin Country

The multi digital channels enabling the success of RapidCollect
(Domestic & Regional):

Omni Plus, Omni Lite and Mobile App Channel Our internet banking platforms that allow your customers to pay you directly for goods and services without stepping into a branch (Example: for payment of taxes, regulatory payments, utilities.)
Mobile App Channel This channel enables your customers to pay instantly for goods or services from the comfort of their homes or offices. For Non Ecobank Customers an Xpress account can be opened via the Ecobank Mobile App with no references required and zero account fees. You can also use your Mastercard or Visa card to onboard onto RapidCollect.
Mobile Money – Ecobank or 3rd party wallets Ecobank is currently integrated to various third-party wallet including Telco’s. The solution allows your customers holding that wallet to use their mobile to make payments to you instantly. (Example: Available on Facebook Rafiki, Mpesa, etc.)
EcobankPay This solution allows your customers to use their mobile phones to scan your QR code to make payments (Scan + Pay), which you receive instantly. It can be used for making cashless payments at merchant outlets, e-commerce websites and grocery stores, amongst others.
E-Commerce The e-commerce payment solution enables your customers to pay online using their MasterCard or Visa card, extending the security and convenience of electronic payments to you and your customers.
POS The POS terminals can be customised to allow the cashiers or tellers to capture a specific payment references (e.g. account number for utility bill payments) and enables your customers to pay using their payment cards.
Xpress Point The solution allows your clients to use Ecobank’s agency banking network known as “Xpress Point” to make payments into your account. Xpress Points can be found in local communities and provides your customers with the ease and convenience of not travelling longer distances to make a payment into your account.
Branch We also have designated Ecobank branches that serve as bulk cash collection points to receive cash, cheque and card payments on your behalf.
To get the RapidCollect solution, please contact us via
EcobankAssist or visit us in-branch EcobankAssist