Bank invites customers to enjoy Seamless Payments with Mvisa QR Code
By Ada Anioji
First Bank of Nigeria Limited in partnership with Visa has introduced a new and seamless Mobile Payments Solution – mVisa. This mobile solution allows customers pay for goods and services by scanning a QR code using the FirstMobile App on their smart phones. Payment goes straight from the consumer’s FirstBank account into the merchant’s account and provides real-time notification to both parties.
The launch of mVisa adds to the seamless multiple payment channels FirstBank customers enjoy and customers with the FirstMobile app can now make payments from their FirstBank accounts at merchants’ locations where mVisa logo is displayed.
According to the Group Head, E-Business, First Bank of Nigeria Limited, Chuma Ezirim, the Bank would continue to put customers first by leading the industry in the use of technology to provide convenient and fast banking solutions. “mVisa further promotes our digital approach by delivering omni-channel experience to all our customers, while enhancing our existing offerings”, he reiterated.
mVisa is a payment solution fully integrated into the Firstmobile app to support business transactions and lifestyles of FirstBank customers. Existing users of the Firstmobile application can update their banking app from Google Play store, Blackberry World and Apple store to enable them access this service while FirstBank account holders who do not have the Firstmobile app yet can simply download the app and begin to enjoy this service instantly.
First Bank of Nigeria Limited (FirstBank) is Nigeria’s premier and most valuable banking brand, and largest financial services institution by total assets and gross earnings. With more than 12 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank in the Republic of Congo, Ghana, The Gambia, Guinea, Sierra-Leone and Senegal, as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi.
Since its establishment in 1894, FirstBank has consistently built relationships with customers focusing on the fundamentals of good corporate governance, strong liquidity, optimized risk management and leadership. Over the years, the Bank has led the financing of private investment in infrastructure development in the Nigerian economy by playing key roles in the Federal Government’s privatisation and commercialisation schemes. With its global reach, FirstBank provides prospective investors wishing to explore the vast business opportunities that are available in Nigeria, an internationally competitive world-class brand and a credible financial partner.
FirstBank has been named “Most Valuable Bank Brand in Nigeria” six times in a row – 2011, 2012, 2013, 2014, 2015, 2016 – by the globally renowned “The Banker Magazine” of the Financial Times Group; and “Most Innovative Bank in Africa” in the EMEA Finance African Banking Awards 2014. Recently, for the sixth consecutive time, the Bank clinched the “Best Retail Bank in Nigeria” award by The Asian Banker.