First Bank partners Visa on Mobile Payment Solution

FIRST Bank of Nigeria Limited in partnership with Visa has introduced a mobile payment 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.

A statement from the bank explained that under this platform, payment goes straight from the consumer’s First Bank account into the merchant’s account and provides real-time notification to both parties. It explained that the launch of mVisa adds to the seamless multiple payment channels First Bank customers enjoy and customers with the FirstMobile App can now make payments from their First Bank accounts at merchants’ locations where mVisa logo is displayed.

According to Chuma Ezirim, group head, E-Business, First Bank of Nigeria Limited, 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 said.

The statement described mVisa as a payment solution fully integrated into the First mobile app to support business transactions and lifestyles of First Bank customers. “Existing users of the First mobile application can update their banking app from Google Play store, Blackberry World and Apple store to enable them access this service while First Bank account holders who do not have the First mobile app yet can simply download the app and begin to enjoy this service instantly.”

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