FirstBank of Nigeria Limited has announced the introduction of a contactless naira MasterCard to its array of debit cards.

The move, according to the bank, was to promote convenience, ease of transactions and the security of funds.

According to a statement from the bank, FirstBank debit cards are accepted nationwide and globally, adding that they can be used to withdraw cash and access value-added services including bills payment, airtime recharge, flight and hotel booking among others.

Read also: https://brandspurng.com/fitch-upgrades-first-bank-of-nigerias-subordinated-notes-to-ccc/ 

“The FirstBank Contactless Naira Master Card enables quick pin-less purchases and is a fast secure way for customers to shop locally and globally.

“The contactless card can be used for making payments in the London transport network such as buses, tubes, trams, Dock and Light Railway (DLR) and the London Overground as well as in Grocery shops, supermarkets and Gas stations within London metropolis.

“The card is designed to enhance a cashless lifestyle by promoting increased card usage for lower value transactions. Payments are made by tapping the card on the POS machine with contactless functions for low value transactions; the card can also be used in a regular POS as a normal MasterCard,” it explained.

The daily limits for pin-less transactions are N3,000 for the contactless naira Mastercard and N10,000.00 for the contactless Platinum Debit MasterCard.

Furthermore, it revealed that the FirstBank Verve debit card is Chip & PIN secured for greater protection of customers’ funds and provides extra protection for web-based transactions with “Safetoken.”

“It is accepted wherever the Interswitch or Verve logo is displayed and can also be used to perform transactions via the Quickteller services menu on FirstBank ATMs. This Card is issued in 15 minutes at FirstBank branches, saves time and is very easy to obtain.

“With the FirstBank Expressions on Card, Customers now have the freedom to design the look and feel of their cards with their most cherished memories and spend with a card that is as unique as them,” it added.

SOURCE: https://brandspurng.com/firstbank-introduces-contactless-naira-mastercard/

OK WE HEAR

Nice idea

Plenty cards upandan

First Bank Leads others follow...


3rd to comment on this topic

Cards up and down with little value............

Limit of 3k they never ready

I always wonder why first bank has millions of customers. Lately I came to conclusion that Nigerians are very patient people.
After all, if we can be patient with Buhari, then, what is first bank that we cannot tolerate them. If you can bank with first bank, you can bank with any bank in Nigeria.

postbox:
FirstBank of Nigeria Limited has announced the introduction of a contactless naira MasterCard to its array of debit cards.

The move, according to the bank, was to promote convenience, ease of transactions and the security of funds.

According to a statement from the bank, FirstBank debit cards are accepted nationwide and globally, adding that they can be used to withdraw cash and access value-added services including bills payment, airtime recharge, flight and hotel booking among others.

Read also: https://brandspurng.com/fitch-upgrades-first-bank-of-nigerias-subordinated-notes-to-ccc/ 

“The FirstBank Contactless Naira Master Card enables quick pin-less purchases and is a fast secure way for customers to shop locally and globally.

“The contactless card can be used for making payments in the London transport network such as buses, tubes, trams, Dock and Light Railway (DLR) and the London Overground as well as in Grocery shops, supermarkets and Gas stations within London metropolis.

“The card is designed to enhance a cashless lifestyle by promoting increased card usage for lower value transactions. Payments are made by tapping the card on the POS machine with contactless functions for low value transactions; the card can also be used in a regular POS as a normal MasterCard,” it explained.

The daily limits for pin-less transactions are N3,000 for the contactless naira Mastercard and N10,000.00 for the contactless Platinum Debit MasterCard.

Furthermore, it revealed that the FirstBank Verve debit card is Chip & PIN secured for greater protection of customers’ funds and provides extra protection for web-based transactions with “Safetoken.”

“It is accepted wherever the Interswitch or Verve logo is displayed and can also be used to perform transactions via the Quickteller services menu on FirstBank ATMs. This Card is issued in 15 minutes at FirstBank branches, saves time and is very easy to obtain.

“With the FirstBank Expressions on Card, Customers now have the freedom to design the look and feel of their cards with their most cherished memories and spend with a card that is as unique as them,” it added.

SOURCE: https://brandspurng.com/firstbank-introduces-contactless-naira-mastercard/

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To me , it makes no difference to helping minimize one’s spending habits and mode . It’s just that it could be mainly dedicated to such usage as low budget spendings and transactions .

So we should throway our old cards ba?

Wtf!Contactless Master Card,just another class of Money

Innovative

ajahahah, I laugh, someone just made a huge sum from this contract of providing this tech to the Bank. Where are the shops who offer this system of payments in 9ja~?we are not even 10%compliant on chip and pin cashless payments in Nigeria now this?

nonsense. First bank pay off your pensioners.

Ministry of first bank

The daily limit is low shaaa

How exactly do these sort of cards work?

'cause I have a UBA card like this and never been able to use do the cardless thing.

Elephant Bank



Please increase your Mobile App transfer limit jor, GTB is already doing 5million to other banks

One question: can this card be use to purchase on iTunes?

The limit though 3K and 10K.


PPC.ng We turn your traffic to sales

Serious?
Bill payment, I agree.
Hotel booking, I may agree.
Flight? With 10k max?

Can it be loaded?

Dannieln1:
First Bank Leads others follow...


3rd to comment on this topic

Take bronze medal abi na odeku u want.

F

D

For use in London not Lagos

“The contactless card can be used for making payments in the London transport network such as buses, tubes, trams, Dock and Light Railway (DLR) and the London Overground as well as in Grocery shops, supermarkets and Gas stations within London metropolis.

justi4jesu:
Elephant Bank



Please increase your Mobile App transfer limit jor, GTB is already doing 5million to other banks

So that you will finish all the money for us abi

How it works is not properly explained


+

Low limits.....3k and 10k / day

Hope they will increase do d needful soon bcs is almost useless

All this trouble to spend jus 3k? Smh

Welcome development

so many bush people above, to break it down in simple English, this type of card doesn't need you having a security pin, u can just swipe it at any POS, or for those who travel out, u can easily pay for ur bus or train trip by simply swiping it at the payment machines. this makes payments easy . For this reason, any one who steals the card can easily access ur money since they dont need a pin, thats the simple reason why they set the daily limit at 3k, so before a thief steals all ur money, u will know.