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Managing Director, Ecobank Nigeria, Patrick Akinwuntan; Founder/CEO, PricePointe Wholesale Club, Tayo Williams and Executive Director/Chief Risk Officer, Ecobank Nigeria, Biyi Olagbami during the launch of PricePointe flagship warehouse in Lagos.
EcobankPay, the lifestyle digital payment and collections service of Ecobank Nigeria has entered into a partnership with PricePointe Wholesale Club, a new entrant into the Nigerian retail sector.
Modeled after America’s Costco and Sam’s Club, it started operations with the opening of its warehouse at the Ilupeju Industrial Crescent in Lagos.
Speaking at the unveiling of the Pointe Wholesale Club Ultra-Modern Warehouse, Managing Director, Ecobank Nigeria, Patrick Akinwuntan, assured customers of seamless transactions through the bank’s multi-featured digital payment solution, EcobankPay.
He said, “Ecobank is highly delighted as a bank to be part of this great vision. We salute this concept and the courage of these young Nigerians behind this project. Count us as worthy partner. We assure customers of seamless, stress free and convenient transactions through our innovative digital payment solutions.”
He further explained that EcobankPay enables the merchant to receive credit instantly and also permits easy tracking of customers business profiling for quick access to credit, adding that it is safe, fast and reduces security risks in terms of exposure to cash or pilfering of merchant’s credentials and does not require any cost to set up.
Also speaking at the Launch, Founder and Chief Executive Officer of PricePointe Wholesale Club, Tayo Williams said, “PricePointe Club is pioneering this world-class multi-store multi-brand to provide a one-stop lifestyle shopping experience for Nigerians who want to shop in bulk conveniently, in a world class environment that’s convenient for them and their families, and most importantly, at really great prices.”
“With products and services sourced directly from manufacturers and providers, PricePointe club members will enjoy groceries, household items, appliances, insurance, flight tickets, petrol, diesel, and more at massive discounts you won’t find anywhere else; all of which are open to PricePointe club members.
“Retailers can also buy less than a carton but still enjoy Wholesale prices, as well as the convenient opportunity to shop from 6AM every day, including Sundays,” he added.
Williams disclosed that PricePointe Club has entered into partnership with various manufacturers and service providers to ensure that its members get the lowest possible prices.
He mentioned global industry leaders such as Nigeria Breweries Plc, Reckitt-Benckiser, Procter & Gamble, 7UP Bottling Company, and Indomie among those that we have signed to work with. Others are Binatone, Powergen, Powerhorse, UAC and many more.
The PricePointe Wholesale Club flagship warehouse has other services such as Tire and battery centre, restaurants, dentistry, eye clinic, and many more. The launch event hosted by Chioma Omeruah, popularly called, ChyGurl brought together some of Nigeria’s most respected individuals, celebrities and industry leaders.