BankIT wants to make paying directly from Your Bank Account Simpler – Powered by eTranzact

by | Jul 14, 2016

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 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  to talk to an eTranzact Payments consultant(or emailing 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.

Brand Press
Brand Press

This Brand Press article wasn’t written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email


On January 22, 2022, be part of the largest gathering of innovators, startup founders, thinkers, programmers, policymakers, and investors in West Africa. Register free.

Notify of
Inline Feedbacks
View all comments

Recent News

Subscribe to Techpoint Digest!

A daily 5-minute roundup of happenings in African and global tech, sent directly to your email inbox, between 5 a.m. and 7 a.m (WAT) every week day!

Please check your email to confirm your subscription.

Subscribe to Crypto Explorer

A monthly series featuring in-depth analysis on the cryptocurrency sector in Africa

Please check your email to confirm your subscription.

Subscribe to The Experts

A bi-weekly where tech career specialists take us on their journey from newbie to expert, and how they became successful in the industry.

Please check your email to confirm your subscription.

Subscribe to Founder's Table

A monthly series, where we catch up with founders in the startup ecosystem, learn about their failures, successes and a few tricks of the trade

Please check your email to confirm your subscription.

Copy link
Powered by Social Snap