• Home
  • About Us
  • Contact Us
Wednesday, May 21, 2025
Star Lite News
  • Home
  • News
    • All
    • Business
    WAEC Candidate

    Tragedy in Ibadan: WAEC Candidate Killed by Stray Bullet During Police Chase

    Olubunmi Tunji-Ojo-Public Holiday

    FG Declares Public Holiday

    Catholic Priest-Kaduna

    Kidnapped Catholic Priest Freed in Kaduna unharmed

    EBS

    EBS to Launch New Flagship News Program “EBS Tonight” on May 5

    Public Holidays

    FG Declares Public Holidays for Easter Celebration

    Dangote Cement

    Minister hails Dangote Cement over host community youth development

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Entertainment
    AMVCA

    AMVCA 2025 Awards: Full List Of Winners As Chioma Chukwuka, Femi Adebayo Win Best Actress, Actor

    Nathaniel Bassey

    Nigeria’s Gospel Music Maestro Nathaniel Bassey To Minister At Trump’s Inaugural Prayer Breakfast

    Doris Ogah

    Doris Ogah Becomes 45th Miss Nigeria

    Netflix

    Netflix Investments Give Life To Nollywood Projects

    BBNaija

    STREEZE become the third pair of housemates to be evicted from season 9 of the #BBNaija show

    "CHAINS - No Longer a Slave"

    CHAINS – No Longer a Slave” Set For Premiere In Abuja Today

  • Lifestyle
    • All
    • Food
    GTCO Food and Drinks Festival

    Announcing The 2024 GTCO Food And Drink Festival: A Celebration Of Authentic Flavours

    MKH staff celebrate Chairman’s Mother as she clocks 66…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Business
  • Politics
  • World
No Result
View All Result
  • Home
  • News
    • All
    • Business
    WAEC Candidate

    Tragedy in Ibadan: WAEC Candidate Killed by Stray Bullet During Police Chase

    Olubunmi Tunji-Ojo-Public Holiday

    FG Declares Public Holiday

    Catholic Priest-Kaduna

    Kidnapped Catholic Priest Freed in Kaduna unharmed

    EBS

    EBS to Launch New Flagship News Program “EBS Tonight” on May 5

    Public Holidays

    FG Declares Public Holidays for Easter Celebration

    Dangote Cement

    Minister hails Dangote Cement over host community youth development

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Entertainment
    AMVCA

    AMVCA 2025 Awards: Full List Of Winners As Chioma Chukwuka, Femi Adebayo Win Best Actress, Actor

    Nathaniel Bassey

    Nigeria’s Gospel Music Maestro Nathaniel Bassey To Minister At Trump’s Inaugural Prayer Breakfast

    Doris Ogah

    Doris Ogah Becomes 45th Miss Nigeria

    Netflix

    Netflix Investments Give Life To Nollywood Projects

    BBNaija

    STREEZE become the third pair of housemates to be evicted from season 9 of the #BBNaija show

    "CHAINS - No Longer a Slave"

    CHAINS – No Longer a Slave” Set For Premiere In Abuja Today

  • Lifestyle
    • All
    • Food
    GTCO Food and Drinks Festival

    Announcing The 2024 GTCO Food And Drink Festival: A Celebration Of Authentic Flavours

    MKH staff celebrate Chairman’s Mother as she clocks 66…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Business
  • Politics
  • World
No Result
View All Result
Star Lite News
No Result
View All Result
Home Banking News

Access Bank Partners AfriGOPay To Boost Nigeria’s Payment Ecosystem

starliteadmin by starliteadmin
March 30, 2023
in Banking News
0
Access Bank/AfriGOpay
0
SHARES
0
VIEWS
Share on FacebookShare on WhatsAppShare on Twitter

In a bid to strengthen Nigeria’s financial ecosystem, Access Bank has partnered with AfriGOpay, a financial services business affiliated with the Nigeria Inter-Bank Settlement System (NIBSS), to launch the first national domestic card designed to meet the needs of the payment industry.

The scheme championed by the Central Bank of Nigeria (CBN) and the NIBSS will provide innovative solutions to users of financial services in Nigeria, Africa, and across the global markets.

Victor Etuokwu, Deputy Managing Director, Retail Banking, 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 to successfully issue the first live card of the Nigeria’s National card scheme, AfriGO.

“The launch of AfriGO is another milestone in the development of a vibrant and rapidly expanding payments industry. Consumers demand value in real time, not just transactions. With AfriGO, we can provide valuable card benefits, robust loyalty rewards, and a compelling incentive to utilize electronic payments rather than cash.

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

Speaking on the product launch, Robert Giles, Senior Retail Advisor, 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 cost of transacting. It will also help us partner with local fintechs and payment companies to build solutions on the AfriGO scheme that solve customers’ pain points.

“This comes at a crucial time for the national payments’ infrastructure where demand for convenient alternatives to cash is at a peak. We believe that the AfriGO scheme is a new building block that will support continued progress in the payments system, building on Nigeria’s position as the 6th most developed real-time payments market in the world.”

Premier Oiwoh, the MD/CEO of NIBSS noted that the payments landscape in Nigeria has continued to evolve via seamless and convenient real-time electronic payment driven by innovation and advancement in technology.

“The launch of our national domestic card scheme is very timely. AfriGO will drive our financial inclusion goals amongst many benefits, and we are thrilled that Access Bank is the first bank in Nigeria to issue AfriGO cards to its customers.

“Access Bank has demonstrated the much-needed commitment to enhancing financial inclusion, and we urge other financial institutions to commence issuing AfriGO for more accessible and convenient payments for all Nigerians, regardless of their location or financial status.”

Aminu Maida, Executive Director, NIBSS, said: “With technological advancements, there are more options for payments. The recently launched national domestic card scheme, AfriGO gives us assured comfort on all financial transactions. We are excited that Access Bank is the first to key into our belief of AfriGO’s immense value to the Nigerian financial ecosystem.”

Tags: Access BankAfriGOpayCBNCentral Bank of NigeriaDeputy Managing DirectorMD/CEO of NIBSSNIBSSNigeria Inter-Bank Settlement SystemPartneredPremier OiwohRetail BankingSenior Retail AdvisorStarlitenewsVictor Etuokwu” Robert Giles
Previous Post

DANGOTE Lists N300b Series 1 And 2 Largest Bonds On NGX, FMDQ

Next Post

Union Bank And CIG Motors Announce Partnership

starliteadmin

starliteadmin

Related Posts

Fidelity Bank

10 reasons Fidelity Bank is unshakable in 2025

by starliteadmin
May 20, 2025
0

Fidelity Bank Plc has continued to solidify its reputation as one of Nigeria's most resilient and forward-moving financial institutions. With...

Fidelity Bank

Why Fidelity Bank Plc Is Too Big to Fail

by starliteadmin
May 19, 2025
0

Several media platforms have gone to town with the news of the Supreme Court ruling on a dispute between the...

Access Bank

Access Bank’s Mortgage Neglect: A Billion-Naira Blind Spot in Nigeria’s Housing Crisis

by starliteadmin
May 18, 2025
0

In the midst of a deepening housing crisis in Nigeria, Access Bank, the country’s largest lender by assets, has shown...

Zenith Bank

ZENITH BANK FETES SHAREHOLDERS WITH DIVIDEND PAYOUT OF N195.67 BILLION, PROMISES QUANTUM LEAP IN FUTURE DIVIDENDS

by starliteadmin
April 30, 2025
0

Shareholders of Zenith Bank Plc, at the 34th Annual General Meeting (AGM) held at the Civic Centre, Victoria Island, Lagos,...

Access Bank

Panic at Access Bank as Employee Caught Filming Colleagues in Restrooms

by starliteadmin
April 26, 2025
0

An alarming incident has surfaced at Access Bank involving a staff member who reportedly recorded over 400 secret videos of...

Access Holdings

CBN, SEC Fine Access Holdings Over N1 Billion For Contraventions

by starliteadmin
April 17, 2025
0

One of Nigeria’s biggest financial institution, Access Holdings paid over N1 Billion for several contraventions against regulatory bodies including the...

Next Post
UBN-CIG Partnership Agreement

Union Bank And CIG Motors Announce Partnership

Leave a Reply Cancel reply

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

Popular Posts

  • Tinubu and Timothy

    Prince Chukwudi Timothy Appeals For Dialogue Instead Of Nationwide Protest

    0 shares
    Share 0 Tweet 0
  • Peter Obi says victory of Christ the King College at World Affairs Challenge heartwarming

    0 shares
    Share 0 Tweet 0
  • Family reveals Ifeanyi Ubah’s burial date

    0 shares
    Share 0 Tweet 0
  • ACEACRES24: Akmodel MD Makes Presentations At The 2Days Event (Photos)

    0 shares
    Share 0 Tweet 0
  • Legends of Nollywood Financial Summit Is Here, Meet The Speakers: Apostle Anselm Madubuko, Mrs. Bukola Agbaminoja, Pst. Moji Bakare Asieru-sweet, Others

    0 shares
    Share 0 Tweet 0

Recent Posts

  • Tragedy in Ibadan: WAEC Candidate Killed by Stray Bullet During Police Chase
  • 10 reasons Fidelity Bank is unshakable in 2025
  • Dangote assures of Petrol price stability despite the increase in crude oil price
  • Why Fidelity Bank Plc Is Too Big to Fail
  • Qualifying As Chartered Accountant At Age 17 Is A Dream Come True – Oluwatiseyitan
Starlite news icon

Browse by Category

Archives

  • Home
  • About Us
  • Contact Us

© 2022 | Crafted with ❤ by Claridan - Adsvance Digitals.

No Result
View All Result
  • Contact Us
  • About Us
  • Business
  • Politics
  • World
  • Entertainment
  • Lifestyle

© 2022 | Crafted with ❤ by Claridan - Adsvance Digitals.

  • https://starlitenews.com.ng/2024/05/07/aliko-dangote-foundation-wef-announce-2024-class-of-dangote-fellows/
  • https://starlitenews.com.ng/2024/10/28/local-content-dangote-cement-ibese-plant-enhances-skills-of-local-business-operators/
  • https://starlitenews.com.ng/2024/09/20/high-chief-adebisi-michael-adedeji-ojinse-owa-of-ijoka-joins-all-ijesaland-to-mourn-the-demise-of-oba-dr-gabriel-adekunle-aromolaran-il-cfr-lld/
  • https://starlitenews.com.ng/2024/04/26/q1-more-nigerians-buy-dangote-cement-as-volume-rises-by-26-1-to-4-6mt/
  • https://starlitenews.com.ng/2024/01/05/speed-racer-actor-and-children-killed-in-plane-crash/