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."
0 Comments