FirstBank Nigeria Ushers In The New Year With Innovative Virtual Payment Card

The innovative digital card is safe, convenient, and easy to use, and can be created via the Bank’s digital channels; FirstMobile or Firstmonie Wallet applications.

Inclusion Times
Inclusion Times

Leading Nigerian bank, First of Bank of Nigeria Limited, has launched its Virtual Payment card, a Naira denominated virtual card, which is a digital representation of the regular plastic debit card. The card is to be linked to either a customer’s operative account or wallet account.


The FirstBank Virtual Payment Card is a fitting alternative to the use of cash, cheques, and even physical cards for payments, with its wide-range features which  include protective block and unblock capabilities; PIN Reset; PIN change  and bank statement view. It also enables diaspora customers to spend from their FirstBank accounts within the stipulated spend limit without needing a physical card.

Image Source: First Bank Nigeria


The innovative digital card is safe, convenient, and easy to use, and can be created via the Bank’s digital channels; FirstMobile or Firstmonie Wallet applications. Customers can download the card, activate the card and execute transactions all at once from the comfort of their homes/offices. No branch visit is required. To access their FirstBank Virtual Payment Cards, existing customers are enjoined to update their mobile application to the latest version, and then select "Card Services" on the FirstMobile App and then "My Virtual Card application", to create a Virtual Card at N215 only (VAT Inclusive).

Also, FirstBank recently launched an innovation that is a first across Africa, FAST Track ATM, a futuristic ATM designed to promote financial activities on the ATM without any form of physical interaction with the machine.

Nigeria In Focus:

Population: 206.6 million (Compared to South Africa's 59.6 million)

GDP: $504.57 billion (Compared to South Africa's $369.85 billion)

GDP Per Capita: $2,465 (Compared to South Africa's $6,193)

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