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Firstbank Introduces Contactless Naira Mastercard - Business (2) - Nairaland

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FIRSTBANK INTRODUCES THE FIRST HUMANOID ROBOT / CBN Sets N50,000 As Daily Limit On Contactless Payments / Firstbank Introduces A New Way To Make Swift Payments Using USSD Or Mcash Retail (2) (3) (4)

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Re: Firstbank Introduces Contactless Naira Mastercard by ennysuccess(m): 8:16am On May 15, 2018
kiss
Re: Firstbank Introduces Contactless Naira Mastercard by kirkwood: 8:16am On May 15, 2018
j
Re: Firstbank Introduces Contactless Naira Mastercard by justi4jesu(f): 8:17am On May 15, 2018
pxjosh:
So that you will finish all the money for us abi undecided





lipsrsealed lipsrsealed lipsrsealed
Re: Firstbank Introduces Contactless Naira Mastercard by larot78: 8:26am On May 15, 2018
My true talk what's the essence of the various cards.. Debit Debit and Debit up and down ..when you have enough to empower people more with credit facility at the micro level.. and also the issue of double digit interest..quote author=dollarsplenty post=67572674]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.
[/quote]
Re: Firstbank Introduces Contactless Naira Mastercard by larot78: 8:28am On May 15, 2018
Na true talk what's the essence of the various cards.. Debit Debit and Debit up and down ..when you have enough to empower people more with credit facility at the micro level..]
Re: Firstbank Introduces Contactless Naira Mastercard by larot78: 8:32am On May 15, 2018
[When you are suppose to reduce all the double digit interest.. You go still dey tell me how to spend my money ..yeyenatu.quote author=postbox post=67560985]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/[/quote]
Re: Firstbank Introduces Contactless Naira Mastercard by Nobody: 8:32am On May 15, 2018
where the card dey
Re: Firstbank Introduces Contactless Naira Mastercard by larot78: 8:34am On May 15, 2018
larot78:
[When you are suppose to reduce all the double digit interest.. You go still dey tell me how to spend my money ..yeyenatu.quote author=postbox post=67560985]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/
when you re. Supposed to reduce the double digit interest rate ..you still the tell me how to spend my money.. yeyenatu....
Re: Firstbank Introduces Contactless Naira Mastercard by kokomaster3d: 8:45am On May 15, 2018
Another way to suck our money with charges
Re: Firstbank Introduces Contactless Naira Mastercard by skales67(m): 8:49am On May 15, 2018
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.

This is the reason I don't take First bank seriously. N3,000 per day!

Rubbish!!
Re: Firstbank Introduces Contactless Naira Mastercard by slysteel: 8:52am On May 15, 2018
But I ve had uba contacless card since 4 years now and I use it In Nigeria,although I noticed most Nigerians don't know the functions of the card they have with them, it appears this generation of youths are mentally lazy,all they know is rant online.

2 Likes

Re: Firstbank Introduces Contactless Naira Mastercard by slysteel: 8:55am On May 15, 2018
skales67:


This is the reason I don't take First bank seriously. N3,000 per day!

Rubbish!!
3000 limit is for contacless payments,if you want to pay more then slot your card into the POS machine and put your pin otherwise you can just tap the POS with your atm to make contactless payments if what you are paying for is less than 3k,geez,the ignorance in that country is alarming
Re: Firstbank Introduces Contactless Naira Mastercard by valentineuwakwe(m): 8:55am On May 15, 2018
hope it is secure n easy to use. . .not tomorow now, you guys will be complanining that Yahoo boys don hacker person card. .
Re: Firstbank Introduces Contactless Naira Mastercard by mayorchelsea(m): 9:10am On May 15, 2018
larot78:
My true talk what's the essence of the various cards.. Debit Debit and Debit up and down ..when you have enough to empower people more with credit facility at the micro level.. and also the issue of double digit interest..quote author=dollarsplenty post=67572674]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.
A little enlightenment for you, no bank in Nigeria can afford single interest rate. You cannot have inflation at +14% for example and say that Nigerian banks should charge customers single digit interest, these banks would collapse.A little google on countries with single interest digit, you'll discover that inflation rate in these countries is also a single digit. Countries like USA, Japan, Germany etc

2 Likes

Re: Firstbank Introduces Contactless Naira Mastercard by knicks231: 9:25am On May 15, 2018
I use contactless card here in the UK and is maximum of £30 for contactless transactions, you just keep your card close to the POS machine and it reads it finish. if thatt thing is in Nigeria imagine. people money go dey miss because you don’t need pin. imagine getting alerts before you block your card.

2 Likes

Re: Firstbank Introduces Contactless Naira Mastercard by Youngzedd(m): 9:29am On May 15, 2018
dollarsplenty:
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.


You're right like Shoprite.

First Bank sucks
Re: Firstbank Introduces Contactless Naira Mastercard by Nobody: 9:31am On May 15, 2018
dollarsplenty:
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.
You are absolutely on point.
Re: Firstbank Introduces Contactless Naira Mastercard by BruncleZuma: 9:39am On May 15, 2018
While your body dey sugar you to get the latest card, better get an RFID protected wallet before una go see shege...
Re: Firstbank Introduces Contactless Naira Mastercard by hilaryCU(m): 9:58am On May 15, 2018
dollarsplenty:
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.

Also, one of the few banks that has not gone down the drain with customers money
Re: Firstbank Introduces Contactless Naira Mastercard by joe4christ(m): 10:10am On May 15, 2018
mostHandsome01:
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.

The daily limits should be made optional where the customer can set the daily limit as he or she desires.
Re: Firstbank Introduces Contactless Naira Mastercard by innoachukw(m): 10:14am On May 15, 2018
Hope you're aware that hackers can steal all your card information when you use contactless cards.
Re: Firstbank Introduces Contactless Naira Mastercard by Nobody: 10:26am On May 15, 2018
mostHandsome01:
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.
You are really handsome in face and thinking. Thanks for the clarification. Do you work with first bank
Re: Firstbank Introduces Contactless Naira Mastercard by byinks(f): 11:00am On May 15, 2018
knicks231:
I use contactless card here in the UK and is maximum of £30 for contactless transactions, you just keep your card close to the POS machine and it reads it finish. if thatt thing is in Nigeria imagine. people money go dey miss because you don’t need pin. imagine getting alerts before you block your card.

correct !
Re: Firstbank Introduces Contactless Naira Mastercard by mostHandsome01: 12:18pm On May 15, 2018
asuustrike2009:

You are really handsome in face and thinking. Thanks for the clarification. Do you work with first bank

nah, not at all, thanks for the compliment.
Re: Firstbank Introduces Contactless Naira Mastercard by mostHandsome01: 12:21pm On May 15, 2018
joe4christ:


The daily limits should be made optional where the customer can set the daily limit as he or she desires.

It can be made optional when majority of the people understand what it entails. that way the bank wont be held liable for any mishap.
Re: Firstbank Introduces Contactless Naira Mastercard by Meetleader: 3:11pm On May 15, 2018
One barbecue fish don consume that 3k
Re: Firstbank Introduces Contactless Naira Mastercard by imagrg(m): 3:34pm On May 15, 2018
I am Eguaogie G. I. I have two accounts with FirstBank: Credit account and current account. I recently made a transfer of 11k via my credit card account number 2028459248 on the 22 March, 2018 to one Peter Enokhian FirstBank account via ATM machine at Aduwawa Branch in Benin City but the money neither got to it destination nor was is returned to me. I complained and was even assured that the money would be returned but till now I'm yet to receive it.
What baffled me was that the ATM transferred this money via Pay Arena.
Re: Firstbank Introduces Contactless Naira Mastercard by FinanceHub: 3:25pm On Feb 20, 2021
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