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Firstbank Introduces Contactless Naira Mastercard - Business - Nairaland

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Firstbank Introduces A New Way To Make Swift Payments Using USSD Or Mcash Retail / Help With Naira Mastercard/visacard International Spending Limit / Uba Contactless Cards Hit Industry High Of 3million (2) (3) (4)

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Firstbank Introduces Contactless Naira Mastercard by postbox: 6:45pm On May 14, 2018
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/

4 Likes

Re: Firstbank Introduces Contactless Naira Mastercard by OriginalKogiboy(m): 6:49pm On May 14, 2018
OK WE HEAR
Re: Firstbank Introduces Contactless Naira Mastercard by sammirano: 7:34pm On May 14, 2018
Nice idea

1 Like 1 Share

Re: Firstbank Introduces Contactless Naira Mastercard by rodeo0070(m): 7:27am On May 15, 2018
Plenty cards upandan

5 Likes

Re: Firstbank Introduces Contactless Naira Mastercard by Dannieln1: 7:51am On May 15, 2018
First Bank Leads others follow...


3rd to comment on this topic

6 Likes

Re: Firstbank Introduces Contactless Naira Mastercard by Temple1288(m): 7:52am On May 15, 2018
Cards up and down with little value............

5 Likes

Re: Firstbank Introduces Contactless Naira Mastercard by Nobody: 7:52am On May 15, 2018
Limit of 3k they never ready

7 Likes 1 Share

Re: Firstbank Introduces Contactless Naira Mastercard by dollarsplenty(m): 7:52am On May 15, 2018
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.

24 Likes 2 Shares

Re: Firstbank Introduces Contactless Naira Mastercard by solomiles(m): 7:52am On May 15, 2018
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/
Re: Firstbank Introduces Contactless Naira Mastercard by AdemolaA2: 7:52am On May 15, 2018
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 .
Re: Firstbank Introduces Contactless Naira Mastercard by Incredibleme: 7:52am On May 15, 2018
So we should throway our old cards ba? undecided
Re: Firstbank Introduces Contactless Naira Mastercard by Jenomtwist(m): 7:53am On May 15, 2018
Wtf!Contactless Master Card,just another class of Money

2 Likes

Re: Firstbank Introduces Contactless Naira Mastercard by Nobody: 7:53am On May 15, 2018
Innovative undecided
Re: Firstbank Introduces Contactless Naira Mastercard by erico2k2(m): 7:53am On May 15, 2018
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?

1 Like

Re: Firstbank Introduces Contactless Naira Mastercard by tishbite41(m): 7:54am On May 15, 2018
nonsense. First bank pay off your pensioners.
Re: Firstbank Introduces Contactless Naira Mastercard by quentin06: 7:55am On May 15, 2018
Ministry of first bank
Re: Firstbank Introduces Contactless Naira Mastercard by neolboy(m): 7:55am On May 15, 2018
The daily limit is low shaaa
Re: Firstbank Introduces Contactless Naira Mastercard by HeyCorleone(m): 7:56am On May 15, 2018
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.

3 Likes

Re: Firstbank Introduces Contactless Naira Mastercard by justi4jesu(f): 7:57am On May 15, 2018
Elephant Bank grin grin



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

3 Likes

Re: Firstbank Introduces Contactless Naira Mastercard by Davidson5(m): 7:59am On May 15, 2018
One question: can this card be use to purchase on iTunes?

2 Likes 1 Share

Re: Firstbank Introduces Contactless Naira Mastercard by gbengalite(m): 7:59am On May 15, 2018
The limit though 3K and 10K.


PPC.ng We turn your traffic to sales
Re: Firstbank Introduces Contactless Naira Mastercard by Celcius: 8:01am On May 15, 2018
Serious?
Bill payment, I agree.
Hotel booking, I may agree.
Flight? With 10k max?
Re: Firstbank Introduces Contactless Naira Mastercard by bigt2(m): 8:01am On May 15, 2018
Can it be loaded? wink

2 Likes

Re: Firstbank Introduces Contactless Naira Mastercard by Tomoyayi(m): 8:01am On May 15, 2018
Dannieln1:
First Bank Leads others follow...


3rd to comment on this topic


Take bronze medal abi na odeku u want.

1 Like

Re: Firstbank Introduces Contactless Naira Mastercard by Fuckyoumod: 8:03am On May 15, 2018
F
Re: Firstbank Introduces Contactless Naira Mastercard by Fuckyoumod: 8:04am On May 15, 2018
D
Re: Firstbank Introduces Contactless Naira Mastercard by Kolping: 8:05am On May 15, 2018
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.

1 Like

Re: Firstbank Introduces Contactless Naira Mastercard by pxjosh(m): 8:07am On May 15, 2018
justi4jesu:
Elephant Bank grin grin



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 undecided

1 Like

Re: Firstbank Introduces Contactless Naira Mastercard by Humblega(m): 8:07am On May 15, 2018
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
Re: Firstbank Introduces Contactless Naira Mastercard by nobodysmanrob(m): 8:10am On May 15, 2018
All this trouble to spend jus 3k? Smh
Re: Firstbank Introduces Contactless Naira Mastercard by MANNABBQGRILLS: 8:11am On May 15, 2018
Welcome development
Re: Firstbank Introduces Contactless Naira Mastercard by mostHandsome01: 8:14am On May 15, 2018
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.

15 Likes

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