Going Cashless This Summer with Firstbank Travel Kits

Tuesday, August
13, 2019 03:00PM / Obinna Emelike / Header Image Credit: First Bank Nigeria

 

Having
worked round the clock since the beginning of the year, it is ideal to take out
time to relax and rejuvenate. Well, you do not need to wait until the end of
the year to unwind as summer is already beckoning on discerning holiday makers
to seek refuge in top travel destinations across the world.
 

If you
have not jetted out yet due to the stress of travelling, especially the trouble
of settling your travel bills, tickets and sundries, you can now do so and
seamlessly too with the FirstBank Visa Multicurrency card, which allows you to
go full cashless this summer in anywhere in the world.
 

The Visa
Multi Currency Card, introduced by First Bank of Nigeria Limited, Nigeria’s
premier and leading financial services provider, is an all-in one-card and
first of its kind to be offered by any financial institution in the country.
Most importantly, it can be linked to all of the four major currencies namely:
NAIRA, USD, EURO and GBP accounts.
 

Beyond
the international passport, the card is handy for the Nigerian business
traveller and holiday makers, especially this summer period, which comes with
lots of expenditures on airfares, hotel accommodations, tour bookings,
shopping, theatre/concert tickets among others.
 

The card
holders enjoy many benefits including; Point of Sale and online purchases,
access to and use of ATMs worldwide, as well, there is no cash collateral
requirement prior to its issuance. As expected, FirstBank is delighted in the
innovative card, which offers seamless transactions to users, especially
holiday makers frolicking in top destinations across the world this summer.
 

Chuma
Ezirim, Group Executive, e-Business & Retail Product, First Bank, sees the
card as a milestone in the bank’s innovation, saying that, “FirstBank takes
pride in pioneering the Visa Multi Currency Card in the country, as we remain
committed to providing products and services that are designed to ensure the
banking convenience of our customers regardless of their location.” For Ezirim,
the card is designed to make travelling fun for the Bank’s customers and to
ensure they have a seamless transaction experience during their vacation,
tourism and other business-related trips around the globe. Having tested the
card himself, he enjoined the Bank’s customers travelling abroad for summer to
walk into any FirstBank branch for their Visa Multi Currency Card.
 

While
abroad, the bank’s customers can enjoy improved daily withdrawal limits of
$1,000 on ATM, $2,500 on POS and $6,250 on web-based transactions. At home,
they can withdraw as much as N150 on ATM, N500,000 and N2, 500,000 (from
savings and current accounts respectively) on POS – N500,000, and N1,000,000 on
web transactions locally.
 

Also
customers who use the Bank’s Naira Master Card (NMC) have no need for BTA/PTA
and stand to enjoy seamless transactions this summer with $5000 monthly
spending limit and $300 daily ATM cash withdrawal limit.
 

The
seamless experience continues with the Visa Gold Card, which offer higher daily
spending limit on ATM ($1,000), POS ($10,000) and WEB ($5,000) anywhere in the
world.
 

To ensure
seamless transaction while on holiday this summer, the Bank urged customers to
change their PIN before travelling out of the country to avoid transaction
failures/invalid card.
 

However,
the Bank assures its customers of safety with additional protection for web
based transactions with “Verified by Visa” (VbV) and Chip & PIN technology
with a lifespan of 3 years. With safety, the Bank is consolidating on its huge
strength, which it assures the customers should rely on to further do business
with it, including transactions outside the country as it watches their back
with card security features.
 

Presently,
FirstBank is the first financial institution in Nigeria to issue a whopping 10
million cards to customers across the country, and now among two other African
banks to achieve the milestone. The 10 million cards issuance follows other
feats such as the first financial institution in the country to achieve sustained
alternative channels transaction volumes of 100 million transactions in
December 2015 and May 2016.
 

The most
excited in all the achievements is Adesola Adeduntan, Chief Executive Officer,
First Bank of Nigeria Limited. For him, delivering the Visa Multi-Currency Card
feat at this time is a testament to the bank’s drive in delivering to its brand
promise of putting customers first and continuously improving its business to
serve them better. “One of the ways by which we were able to sustain this winning
edge is the use of our instant issuance/instant activation technology, which we
pioneered about 10 years ago. We have also consistently maintained the highest
active card ratio in the industry.
 

“This
feat also implies that our customers are becoming more technology savvy and we
would continue to encourage this attitude with our commitment to world class
service delivery. Therefore, we must work to ensure optimal performance and
availability of all our channels such as ATM, FirstMobile among others to guard
against customer dissatisfaction”, explained the FirstBank CEO.
 

However,
the feats are being recognised from outside the bank and even by the industry
regulators.
 

FirstBank
recently bagged a hattrick of awards at the Interswitch Connect Sales Dinner
& Awards Night in Lagos recently. The awards are: Most improved Mobile
Application, Highest Transacting Bank (across inter-switch’s solution) and
Highest Number of Verve Transacting Cards (Unique Cards).
 

Speaking
on the awards, Folasade Femi Lawal, the bank’s Head, Card Business, said the
awards are indeed a reflection of the trust by Nigerians on the bank’s digital
channels as it leaves no stone unturned at reinventing itself, products and
services with a view to remain steadfast at being a frontrunner at promoting
digitization of the industry.
 

With 125
years of experience in the banking industry, servicing over 15 million customer
accounts, over 750 business locations and banking technologies that are well
aligned to the fast paced technological advancement in modern day banking,
FirstBank assures customers the best of service, security and experience even
this summer.
 

Once
again, the Bank urges customers travelling abroad for summer to walk into any
FirstBank branch for their Visa Multi Currency Card for a seamless holiday
experience anywhere in the world.

 

Proshare Nigeria Pvt. Ltd. 

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Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.