First Bank of Nigeria Limited has launched a new Virtual Payment card, that is Naira denominated debit card and digital representation of the plastic card.
The card is designed to be linked to either a customer’s operative account or wallet account is a suitable alternative to the use of cash and cheques, with wide-range features that include the ability of cardholders to protect his/her card using the block and unblock capabilities; PIN Reset; Change PIN as well as view statement at one’s convenience.
It also enables diaspora customers to spend from his/her FirstBank account within the spending limit advised by the bank without the need for a physical card.
The FirstBank Virtual Payment Card is a safe, convenient, and easy way of making e-commerce payments amongst other functionalities and can be created via the Bank’s leading digital channels; FirstMobile or Firstmonie Wallet applications. Customers can download the card, activate the card and consummate transactions all at once from the comfort of their homes/offices. No branch visit is required.
Customers are advised to update their mobile application to the latest version, then select Card Services on the FirstMobile App and My Virtual Card application to create a Virtual Card at the cost of N215 (VAT Inclusive).
Speaking on the launch, Gbenga Shobo, Deputy Managing Director, First Bank of Nigeria Limited said ‘Our Virtual Payment Card is yet another secure and seamless way we promote electronic banking, whilst enabling customers to carry out their transactions on the web”
“The Virtual Payment Card is also designed to guard against the spread of the COVID-19 as it does not require physical interaction between the customer and FirstBank Branches. We enjoin our customers to download the application and stay ahead in modern banking,” he concluded.
In the same vein, FirstBank recently launched the FAST Track ATM, the next generation ATM and first of its kind in Africa, designed to promote financial activities on the ATM without any form of physical interaction with the machine.
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