GTBank Dominates CBN E-Payments Awards, Wins 8 out of 12 Banking Honours

Must Read

PepsiCo Elects Segun Agbaje To Board Of Director

PepsiCo, Inc. (NASDAQ: PEP) today announced its Board of Directors has elected Segun Agbaje as an independent member of...

List of Guaranty Trust Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is...

FG to shut Third Mainland Bridge on July 24 for 6 months

The Federal Government is set to shut the Third Mainland Bridge for six months starting from Friday, July 24. This...

Guaranty Trust Bank plc continued its dominance of Nigeria’s most qualitative digital financial service awards for the fourth year in a row, winning eight of the twelve honours available to Banks in the 2019 edition of the Central Bank of Nigeria (CBN) Electronic Payment Incentive Scheme (EPIS) Efficiency Awards.

The foremost African financial institution, renowned for its innovative products and services, won awards for efficiency and excellent service delivery in virtually every E-payment channel.

The CBN EPIS Efficiency Awards is organized to celebrate financial institutions, merchants and other stakeholders at the forefront of driving electronic payment in Nigeria. Now in its fourth year, the awards are based on objective analysis of all E-payments data collated by the Nigeria Inter-Bank Settlement System (NIBSS) over a full calendar year. With eight awards, GTBank took home two more honours than the six awards the Bank won the previous year and the highest number of awards presented to financial institutions, Fin-techs, merchants and other stakeholders in the Electronic Payment Incentive Scheme.

The eight awards won by GTBank include:

  • Best Customer Experience Award: for having the highest level of overall customer satisfaction rating in the delivery of electronic payment services to customers in2018.
  • Real-Time PaymentsTransaction Efficiency: for achieving the lowest failure rate in the processing of InstantPayments transactions in 2018.
  • Cashless Driver, USSD Channel Champion: for achieving the highest number of instant Payments transactions via the USSD channel in 2018.
  • Cashless Driver, Point of Sale (POS)Transactions: for achieving the highest transaction count on Point of Sale(POS) Terminals in 2018.
  • Cashless Driver, Card Usageon Point of Sales (POS) Terminals: for authorizing the highest card transaction count on thePoint of Sale (POS) Central Terminal Management System in 2018.
  • Direct Debit Driver Award: for processing the highest volume of successful debit mandates across all Payment Service Provider platforms in 2018.
  • E-Reference Operations Efficiency: for the Bank’s outstanding performance in the processing of customers references received from other Banks for account opening purposes on the industry E-reference Platform in 2018.
  • ID Services Driver: for achieving the highest volume in the use of the BVN, e-Passport and NIN customer verification platforms in 2018.
Read Also:  NSE Presents Facts Behind the Sustainability Report to improve ESG Reporting​
- Advertisement -

Commenting on the Bank’s EPIS awards, the Managing Director and Chief Executive Officer of Guaranty Trust Bank plc, Mr Segun Agbaje, said; “We are proud to be recognised by the CBN EPIS Efficiency Awards for our efforts in driving excellence in electronic payments and providing customers with a superior banking experience across all digital touchpoints. These awards serve as extra motivation for us and we continue to find new and exciting ways to reduce our customers’ pain points and offer them benefits beyond banking.

He further stated that; “At GTBank we are passionate about building the bank of the future that connects our customers directly to all the everyday things that matter to them. That is why we are constantly leveraging the best of technology to, not only make financial services cheaper, more personal and readily accessible, but also to create amazing digital experiences in a way that adds real value to our customers’ lives.”

Read Also:  Guinness Nigeria Launches Royal Kingdom Premium Lager Beer, Unveiled by The Oba of Benin

Guaranty Trust Bank plc is a foremost African Financial Institution with Total Assets of ₦3.287trillion and Shareholders’ Funds of ₦575.6Billion. With banking operations across 10 African countries and the United Kingdom, GTBank is regarded by industry watchers as one of the best run financial institutions in the countries in which it operates and serves as a role model in Africa’s financial service industry due to its bias for world-class corporate governance standards, excellent service delivery, and innovation.

- Advertisement -
GTBank Dominates CBN E-Payments Awards, Wins 8 out of 12 Banking HonoursGTBank Dominates CBN E-Payments Awards, Wins 8 out of 12 Banking Honours

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

GTBank Dominates CBN E-Payments Awards, Wins 8 out of 12 Banking HonoursGTBank Dominates CBN E-Payments Awards, Wins 8 out of 12 Banking Honours

Latest News

ESR completes APAC’s largest logistics warehousing project

388,570 sqm state-of-the-art distribution centre in Japan's Greater Osaka to set new standards for modern logistics properties HONG KONG, CHINA...

Tsimshatsui Overtakes Causeway Bay as the Most Expensive Retail District for First Time

Greater Central office availability reaches a 15-year high Grade A office rental declined for the fifth consecutive quarter with Greater Central rents down by 7.5% quarter-on-quarter, the...

Vodacom Tanzania: Send money to Tanzania from anywhere around the World

Over 200 countries can send and receive money via Vodacom's Tanzania M-Pesa.The mobile Money services continues to drive economic growth and financial inclusion in Africa.Dar es...

Accuity Helps Leading Banks in Pakistan Stay Ahead of Global Regulatory Requirements

Financial crime compliance solutions ensure that local banks can fight AML/CFT threats in real-time and better support economic growth ISLAMABAD, PAKISTAN / SINGAPORE - Media OutReach - 7 July...

PepsiCo Elects Segun Agbaje To Board Of Director

PepsiCo, Inc. (NASDAQ: PEP) today announced its Board of Directors has elected Segun Agbaje as an independent member of the Board. Mr Agbaje, 56,...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -GTBank Dominates CBN E-Payments Awards, Wins 8 out of 12 Banking HonoursGTBank Dominates CBN E-Payments Awards, Wins 8 out of 12 Banking Honours