As part of its business objectives to drive innovation in service delivery and convenient mobile payment system, First Bank of Nigeria Limited, Nigeria’s Most Valuable Bank Brand, has partnered with Unified Payments to implement PayAttitude, another unique transaction innovation in the Nigerian payments terrain.
PayAttitude is a Chip and Pin enabled tag-type contactless solution that is linked to customers’ prepaid mobile wallet, enabling access to their account(s) for different payment transactions simply in a ‘tap and go’ fashion. This solution is being deployed by Unified Payments, in partnership with leading banks in Nigeria, of which FirstBank is the first to bring this innovation to the market.
PayAttitude guarantees subscribers the confidence and comfort of successful mobile payment for goods and services at merchant locations at all times, notwithstanding the challenges of telecommunication or unavailability of network in the merchant’s bank or the customer’s bank. With this solution, transactions are authorised offline up to the value of the customer‘s mobile wallet subscription with the Bank. To guard against fraud or unauthorised use, PayAttitude transactions are Chip and Pin enabled and holder’s unique Pin must be entered on the acceptance device before transactions are approved. The PayAttitude tag is carried on the mobile phone and suits the lifestyle of mobile phone users, being convenient for retail transactions by tapping the phone against the PoS terminal.
In a statement by the GMD/CEO, FirstBank, Bisi Onasanya, the Bank is working to constantly provide dynamic and relevant solutions that will improve the lifestyle of its customers whilst ensuring the safety and security of their funds. “The PayAttitude tag card is ready to be issued in selected branches and would be deployed in all FirstBank locations in due course”, he further stated.