Friday 6 January 2012

CASHLESS NIGERIA : First Bank Assures On Seamless Cashless Transaction

culled from: LEADERSHIP newspaper

Managing Director of First Bank of Nigeria, Mr Bisi Onasanya, has said that the bank has put in place robust infrastructure to ensure electronic transaction without difficulty as the new payment regime Cash-Lite Lagos takes off.

He said the bank has in place good IT infrastructure to drive its e-payment services across transaction touch points.

Such services include the automated teller machine, point of sales terminal, Firstonline, the banks's internet banking, First bank visa card, master card and classic card. Others are First Bank naira card, visa gold credit card, cash deposit ATM among others, the bank disclosed in a statement.

The statement further quoted Onasanya as saying, "It is important to point out that even before the new CBN policy came on stream, we had taken some proactive measures by rolling out various e-transaction services and products. We were able to recognise on time that in the increasing dynamic and sophisticated business environment, the future of banking will be e-driven."

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