Accra, Aug. 24, GNA - Capital Bank has announced a partnership deal with Allied Oil aimed at making SpeedPay money vouchers available in all Allied filling stations nationwide.
SpeedPay is a unique payment solution that allows customers to conveniently deposit funds into their account through their mobile phones.
It is simply a money voucher, which could be used to make online payments by both customers and non-customers of Capital Bank.
Speaking at the ceremony to announce the deal, Reverend Fitzgerald Odonkor, Managing Director Capital Bank, said the decision to partner Allied Oil was largely driven by a desire to partner an ambitious Ghanaian brand that places premium on innovative customer-focused solutions.
He said in the highly competitive and fast paced world, banking is not just about developing customer focused solutions, it is about developing innovative solutions that are superior to competing solutions with speed and precision.
Rev Odonkor said the solution now known as SpeedPay had evolved beyond a cash deposit solution and could be used by both customers and non-customers to make payments online through various platforms.
Ms Eunice Brocke, Head, Retail and Personal Banking, Capital Bank said SpeedPay previously called Speedbanking, provided simple, easy and fast as well as convenient way to deposit money into the bank and make payments online.
'The SpeedPay cards can also be used to pay bills, purchase tickets for events and shop online currently on the following platforms-M-Power, Knoxxi, Slydepay and Omanye,' she said.
She said the strategic partnership with Allied Oil Ghana would enable the two businesses to grow together and make their brands one of the strongest and attractive in the banking and the oil industry.
The partnership deal with Allied Oil would enhance Capital Bank distribution channels of the flagship product to 51.
'Our strategy is to further increase the distribution channels to over a 100 by the end of the year,' Ms Brocke said.
She said Capital Bank would continue to create more unique solutions to delight customers and make retail banking charming.
Mr Elliot Mawuli Okudzeto, Managing Director of Allied Oil, lauded the partnership between the two organisations and expressed the hope that the collaboration would extend the boundaries of the country's cashless agenda.
GNA
We’ll no longer tolerate your empty, unwarranted attacks – TUC blasts Prof Adei
Bawumia donates GHc200,000 to support Madina fire victims
IMF to disburse US$360million third tranche to Ghana without creditors MoU
Truck owner share insights into train collision incident
Paramount chief of Bassare Traditional Area passes on
Two teachers in court over alleged illegal possession of BECE papers
Sunyani: Victim allegedly shot by traditional warriors appeals for justice
Mahama vows to scrap teacher licensure exams, review Free SHS policy
Government will replace burnt Madina shops with a new three-story, 120-store fac...
