First Bank Contactless Naira MasterCard

First Bank of Nigeria Limited has said the addition of contactless naira MasterCard to its array of debit cards will promote convenience, ease of transactions and the security of funds.

  The daily limits for PIN-less transactions are N3,000 for the contactless naira master card and N10,000 for the contactless Platinum Debit MasterCard

FirstBank debit cards, according to a statement, are acceptable nationwide and globally, and can be used to withdraw cash and access value-added services including bills payment, airtime recharge, flight and hotel book.

The lender said the contactless card could be used for making payments in the London transport network such as buses, tubes, trams, dock and light Railway and the London Overground as well as in grocery shops, supermarkets and gas stations within London metropolis.

It said the card was designed to enhance a cashless lifestyle by promoting increased card usage for lower value transactions.

“The daily limits for PIN-less transactions are N3,000 for the contactless naira master card and N10,000 for the contactless Platinum Debit MasterCard,” a statement by the bank reads.

Payments are made by tapping the card on the POS machine with contactless functions for low-value transactions, 

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