Stanbic IBTC Bank Unveils Upgraded EOL 2.0 Transaction Solution


Stanbic IBTC Bank Limited, a subsidiary of Stanbic IBTC Holdings, has unveiled its upgraded Enterprise Online 2.0 (EOL) transaction solution created to facilitate smooth payment experiences and improve human resources (HR) services for business owners through a partnership with Bento Africa.

The unveiling which took place recently in a webinar themed “Simplifying Payments for Businesses”, focused on facilitating a seamless payment experience for business owners through the enhanced EOL payment platform.

According to the bank, the partnership offers business owners a streamlined payroll and comprehensive HR services experience through a Bento redirect solution integrated into the EOL platform. This collaboration is a proactive approach to managing financial and HR operations designed to enhance ease, efficiency, and convenience at a discounted rate for Stanbic IBTC customers.

In her opening speech during the webinar, the Head of Partnerships at Stanbic IBTC Bank, Omolara Osunsoko said “Entrepreneurs are the backbone of our economy, and we acknowledge the vital role they play in driving economic growth and creating employment opportunities. An economy that will flourish must support business owners with knowledge and tools needed to thrive in today’s competitive business landscape and today’s discourse is aimed at simplifying the online banking experience for entrepreneurs.”

Speaking during the panel session, the Head of Digital and E-commerce at Stanbic IBTC Bank, Olutimi Ibrahim, disclosed the importance of leveraging technology for smooth and efficient business transactions. He said, “The vision of Stanbic IBTC Bank lies in leveraging technology and digital innovation to deliver superior financial services to customers. We offer efficient solutions for businesses, and these include the enhanced EOL 2.0, designed to meet all business payment needs, offering a seamless and secure online banking experience for corporate entities”.

On her part, Vivian Ekemezie, Growth Executive at Bento Africa, shared her excitement about collaborating with Stanbic IBTC, stating that the partnership will revolutionise the HR system. Bento’s expertise in cloud-based solutions and Stanbic IBTC Bank’s industry-leading Enterprise Online payment platform will significantly add business value and streamline operations. This partnership presents an incredible opportunity to drive innovation in HR management and deliver unparalleled convenience to our enterprise clients.

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