👉 Relocate to Canada Today!

Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to Canada

Business NewsNews

Access Bank To Strengthen Financial Ecosystem, Partners AfriGold

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.


👉 Relocate to Canada Today!

Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to Canada

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.

Other Top Stories: 

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.

Check: JAMB Result

👉 Relocate to Canada Today!

Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to Canada

Check and Confirm: How much is Dollar to Naira

📢 We are hiring writers!

Article Writing Jobs - We are hiring good freelance writers - Click here to apply

Copyright Warning!

Contents on this website may not be republished, reproduced, or redistributed either in whole or in part without due permission or acknowledgment. . Proper acknowledgment includes, but not limited to (a) LINK BACK TO THE ARTICLE in the case of re-publication on online media, (b) Proper referencing in the case of usage in research, magazine, brochure, or academic purposes,. . All contents are protected by the Digital Millennium Copyright Act 1996 (DMCA). . . The images, except where otherwise indicated, are taken directly from the web, if some images were inserted by mistake violating the copyright, please contact the administrator for immediate removal.
. We publish all content with good intentions. If you own this content & believe your copyright was violated or infringed, please contact us  for immediate removal.

Idongesit Akpa-Ayang

Idongesit is a graduate of Communication Arts, University of Uyo. Currently working as a news reporter at InfoGuide Nigeria.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

It looks like you're using an ad blocker!

This website InfoGuideNigeria.com is maintained by the advertising revenue and we noticed you have ad-blocking enabled. Please disable Ad-Blocker