First Bank, Unified Payments in e-payment agreement

First Bank of Nigeria Limited says it has partnered the Unified Payments to implement PayAttitude, a transaction innovation meant to boost e-payment system in Nigeria. A statement by First Bank said the development was part of its business objectives to drive innovation in service delivery and make mobile payment convenient.

PayAttitude is a chip and pin enabled tag-type solution that is linked to customers’ prepaid mobile wallet, enabling access to their accounts for different payment transactions in a ‘tap and go’ fashion, according to the bank. This solution is being deployed by Unified Payments, in partnership with leading banks in Nigeria. It said PayAttitude would guarantee 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 a customer’s bank.

With this solution, it said transactions would be authorised offline up to the value of the customer‘s mobile wallet subscription with the bank. According to the bank, to guard against fraud or unauthorised use, PayAttitude transactions are chip and pin enabled and the holder’s unique pin must be entered before transactions are approved.

The statement quoted the Group Managing Director, First Bank, Mr. Bisi Onasanya, as saying that the bank was working to constantly provide dynamic and relevant solutions that would improve the lifestyle of its customers while ensuring the safety and security of their funds. “The PayAttitude tag card is ready to be issued in selected branches and will be deployed in all First Bank locations in due course,” he said.