AfriGOpay, a financial services business affiliated with the Nigeria Inter-Bank Settlement System (NIBSS) and Access Bank has partnered with to launch the first Nigerian national domestic card designed to meet the needs of the Nigerian payment industry.Information Guide Nigeria

In a bid to strengthen Nigeria’s financial ecosystem, the scheme which is championed by the Central Bank of Nigeria (CBN) and the Nigerian Interbank Settlement System (NIBSS) will provide innovative solutions.

Deputy Managing Director, Retail Banking, Access Bank, Victor Etuokwu while speaking on the partnership, said: “It is with excitement that we announce that Access Bank, Nigeria’s largest retail bank with over 60million customers is the first financial institution in Nigeria to successfully issue the first live card of Nigeria’s National card scheme- AfriGO.“JAMB Result

According to INDEPENCE, AfriGO will strengthen payment security, expand financial participation, guarantee data sovereignty, eliminate FX dependency, and provide Nigerians with several other benefits. Cardholders will enjoy increased affordability and more flexible payment options”, Victor added.

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AfriGO is another milestone in the development of a vibrant and rapidly expanding payments industry. Consumers demand value in real-time, not just transactions.

INDEPENDENCE reports that AfriGO can provide valuable card benefits, robust loyalty rewards, and a compelling incentive to utilize electronic payments rather than cash.JAMB Portal

Speaking on the product launch, Robert Giles, Senior Retail Advisor, at Access Bank said, “The National card scheme operates locally, and it is tailored to the specific needs of the country. We have also recorded successful purchases on POS and ATMs which began on March 14, 2023. Domestic ownership of a local card scheme eliminates demand on foreign exchange and reduces the cost of transacting.“NYSC Portal

AfriGO Card has additional benefits because it is designed to facilitate the growth of Nigeria’s payment ecosystem, thereby supporting more tailored payment services.

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