I recently wrote about Ecobank mobile banking app and how to download their mobile banking app
for Android and Apple iPhones but recently many interesting features have been added to Ecobank mobile app and one of this features is Masterpass QRTM.What is Masterpass QRTM
Masterpass QRTM is a new security system implemented to enable you to pay for goods and services by scanning QR codes with your smartphone and Ecobank mobile banking app installed.What is a QR Code
The image above is what QR Code looks like and can be defined as a machine-readable code consisting of an array of black and white squares, typically used for storing URLs or other information for reading by the camera on a smartphone.The Benefit Ecobank Masterpass QRTM
With Ecobank Masterpass QRTM you can shop cashlessly and securely and paying for goods and services looks like a magic when using Masterpass QRTM because all you need is to scan and pay.
You are secure and safe moving around cashlessly because your smartphone can do the shopping all you need is to select it and Masterpass it with your smartphone.
With Masterpass QRTM you don't need to worry about bank closing time because you can shop anywhere anytime from any shops that accept QR secure system as a means of payment.Other things you can do with Ecobank mobile app
Outside Ecobank Masterpass QRTM there are other things you can still do with Ecobank mobile banking app such as:PAY easily with the tap of a finger
Settle bills, utilities, school fees and more
Top up airtime directly from your account
Pay for airline tickets with select partner airlines
Receive instant payment notifications and receiptsSEND money instantly
Send to anyone with a mobile wallet or bank account
Transfer cash to family, friends or companies
Send money across country and 33 borders
Move funds between accounts