BankIT was birthed by a desire to build a payments product that everyone would truly love and easily use; whether as a Bank, a trader in Alaba setting up a website, a web hosting company selling to domain registrants, a payments gateway already deployed on merchant websites, an ecommerce website or as a direct consumer.
BankIT was launched by eTranzact quietly last year, enabling airtime purchase directly from bank account on USSD, *444# and *805# on Airtel and Glo respectively, with over 500,000 customers using it to date.
The goal for the CEO, a champion of innovation and eTranzact International PLC with BankIT, is to eliminate the need to use cards, hardware tokens or visit any bank branches by securely integrating with Banks and allowing customers access their Bank accounts via USSD or BankIT-powered platforms.
Speaking about the new product, the Chief Executive Officer, eTranzact International Plc, Valentine Obi said: “BankIT has been developed with the philosophy of making payments simple and accessible for Banks, the merchant and the customer. The solution is customized for ease of use and comes with a strong and reliable security mechanism that protects customers against fraud. We have launched the product to great success with a few partners, and we are ready to open it up for more people to enjoy”.
Where you can Use BankIT
With BankIT, you can now pay your DSTV subscription directly from your Bank account on USSD via *389*9*SMARTCARD NUMBER#, buy airtime directly via *444# and *805# on Airtel and Glo respectively or any network via the JustTopUp mobile app on the Google Play store, buy any mobile device online on Slot.ng and many other partner platforms.
How to start using BankIT in your APP or on your website
As a developer, website or app owner, you can start using BankIT to accept payments by filling a form on BankIT.com.ng to talk to an eTranzact Payments consultant(or emailing [email protected] with your exact product needs) and getting all the information you need about the product.
Specifically designed for ease of use and with utmost security in mind, this payment mechanism is for anyone with a bank account. BankIT is the cardless future of transactions. It opens the opportunity for everyone to pay everywhere.
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On March 25, 2021, Techpoint Africa will be hosting the brightest minds in decentralised finance/crypto at the Digital Currency Summit tagged “Building the money of the future” Click here for more details, registration and sponsorship. Location: Fourpoint by Sheraton, V.I. Lagos.