30 results
- 16 Nov 2015
UBA Contactless Cards Set Off a Revolution in Card Payments In Nigeria
United Bank for Africa (UBA) Plc, leading financial services institution in digital banking offerings in Nigeria, and across Africa, is changing the payments landscape in Nigeria with the…
- 15 Oct 2014
Global Card Payment Volume Tops 200Bn
A total of 205 billion card payments were made worldwide in 2013, an increase of 13 percent compared with 2012, according to “Global Payment Cards Data and Forecasts 2013–2019,” a new report from…
- 22 Sept 2016
Study Predicts Major Rise in Card Payments by 2021
Last year, the number of card transactions grew nearly twice as fast as the number of new cards, at 15 and 9 percent, respectively, according to the new study, "Global Payment Cards Data and…
- 20 Feb 2019
Contactless Payments to Drive Global Card Spend to $45T by 2023
Payment cards were used for purchases with a value of $25.1 trillion worldwide in 2017, an increase of 13 percent from the prior year, according to the recent RBR report, Global Payment Cards Data…
- 11 Jan 2021
FirstBank Kicks off 2021 with New Virtual Payment Card
FirstBank of Nigeria Limited, has launched its Virtual Payment card, a Naira denominated debit card and digital representation of the plastic debit card. The card is designed to be linked to either a…
- 14 Apr 2015
E-PPAN Partners Digital Encode on Payment Card professional Course
E-PPAN in partnership with Digital Encode is set to offer Payment Card Industry Professional Course (PCIP) in the Nigerian financial industry. Payment Card Industry Professional Course (PCIP) is one…
- 17 Aug 2026
Union Bank Nigeria Secures PCI DSS v4.0.1 Certification, Strengthens Payment Card Security
Union Bank of Nigeria has attained certification under the Payment Card Industry Data Security Standard (PCI DSS) version 4.0.1, effective Aug. 11, 2026.
- 10 Apr 2023
Verve Card Expands Payment Scheme, Integrates Contactless Payments
Verve International has on-boarded 50 additional scheme members, bringing the total number of its scheme members to 250, spread across banks and other financial institutions. Verve’s position as a…
- 20 Dec 2018
Payment Card Use Grows, Driven by Government Initiatives, Consumer Demand
The number of merchant outlets accepting card payments worldwide grew 13 percent in 2017 to reach 69.2 million by year-end, according to the RBR report, Global Payment Cards Data and Forecasts to…
- 2 Nov 2016
eTranzact, Nigerian Military Launch e-payment Cards for Pensioners
E-payment service provider, eTranzact International Plc, in collaboration with the Military Pensions Board, has launched an electronic payment card to offer identification, verification and rewards…
- 27 Jun 2016
Payment Cards Reach 4.8Bn Worldwide
EMVCo has reported official figures showing a global increase in EMV payment cards of 1.4 billion last year. At the end of 2015, there were 4.8 billion payment cards worldwide, compared with 3.4…
- 21 Jul 2017
Global Payment Cards Top 14Bn, Target 17Bnn in 2022
The number of payment cards worldwide increased 8 percent in 2016 to a total of 14 billion — 1 billion of which were issued in the space of one year. By 2022, the total count could exceed 17 billion,…
- 26 Jul 2010
Interswitch Attains Payment Card Data Security Standard Certification (PCI DSS)
Interswitch, Nigeria’s premier switching transaction and electronic payment processing firm, has attained the Payment Card Industry Data Security Standard (PCI DSS) certification. Thus,…
- 30 Dec 2024
Verve International Achieves 70 Million Payment Cards Milestone in Nigeria
Verve International, Africa’s pioneering and largest domestic payments scheme, has announced a significant new milestone, further solidifying its market dominance in Nigeria. The company has now…
- 2 Apr 2026
Ghana Makes History as First African Country to Integrate Payment National Identity Card
Ghana becomes the first African country to integrate payment into its Citizens' Identity Card, ditching US-based payment giants Visa and Mastercard in Africa. The card is now widely accepted in over…
- 9 Nov 2017
Biometric Payment Cards an Emerging Frontier in Banking Security - Report
The presence of biometric technologies in banking applications is steadily increasing, and embedded fingerprint sensor payment cards are the latest innovation ready to go public, according to a press…
- 12 Dec 2016
Visa Bags BJAN’s Best Card Payment Scheme in Nigeria Award
Visa Inc., the global leader in payments, has been recognised by the Brand Journalists’ Association of Nigeria (BJAN) as the Best Card Payment Scheme in Nigeria. This announcement was made at the…
- 13 Nov 2018
Biometric Payment Cards Coming as Ecosystem Solutions Providers Join Force
Infineon Technologies AG, a provider of smart card payment solutions, and Oslo, Norway-based Next Biometrics, a provider of fingerprint sensor technology, have partnered to create a reference design…
- 26 Mar 2015
330m Payment Cards 'in the clear' says Report
In its fourth study on unencrypted card data, the PANscan card discovery tool from PCI specialist SecurityMetrics found that 61 percent of businesses store the unencrypted 16-digit primary account…
- 10 Jul 2012
Digital Encode Supports eTranzact Payment Card Security Certification
Digital Encode, an indigenous security consulting and integration firm has helped eTranzact attain the Payment Card Industry Data Security Standard (PCI DSS) certification. PCI DSS is an information…
- 11 May 2026
Mastercard, BMONI Launch Multi-Currency Payment Cards in Nigeria
Mastercard, global technology company in the payments industry and BMONI, smart digital wallet designed as a modern alternative to traditional banks have partnered to launch a new suite of virtual…
- 20 May 2017
Payment Card Use Sees Double-digit Global Growth in 2016
Global card purchase volume for goods and services (excluding cash advances on credit cards and cash withdrawals on debit cards), grew 5.8 percent to $20.606 trillion in 2016, according to The Nilson…
- 30 May 2018
Payment Card Control App Reaches Milestone of 3,000 FIs Served
Ondot Systems has reached the milestone of 3,000 financial institutions worldwide that now offer payment card controls via Ondot-powered mobile apps. The Ondot app sits within the client FI's own…
- 25 Jun 2026
FG Proposes Africa-Wide Payment Card without Conversion through US Dollar
Taiwo Oyedele, minister of Finance and coordinating minister of the Economy, has said that Africa’s payment ecosystem should move beyond traditional systems that rely on third-party currencies for…
- 25 Jan 2021
Sparkle signs Network International for Virtual & Physical Payment Cards
Sparkle, a mobile-first digital ecosystem providing financial, lifestyle and business support services to Nigerians across the globe, has partnered with Network International, the leading enabler of…
- 8 Sept 2014
HBL, MasterCard to Issue over 7m Payment Cards In 5 Years
Habib Bank Limited (HBL), Pakistan’s largest commercial bank, and MasterCard on Monday, announced a partnership which will pave the way for the introduction of MasterCard’s innovative payment tools…
- 23 Nov 2009
Use of Electronic Payment Card Based on Integrity- Adeniji
Jonathan Adeniji is the managing director/chief e-business strategist of Isocket Limited, an e-business evolution strategy and design consulting firm. He is a certified internet webmaster…
- 6 Apr 2024
NIMC, Others to Unveil National ID Card with Payment Features
National Identity Management Commission (NIMC), in collaboration with Nigeria Inter-bank Settlement System (NIBSS) and the Central Bank of Nigeria (CBN), is set to launch an improved national…
- 26 Mar 2024
Mastercard and Zenith Bank Introduce New Payment Cards to Accelerate Financial Inclusion in Nigeria
Mastercard has today announced the launch of two innovative products in collaboration with Zenith Bank, the Mastercard Naija Card and the World Elite Credit Card, designed to address the diverse…
- 29 Jul 2025
Banks Reopen Naira Card Payments for International Tuition Fees
Nigerian banks have resumed processing international tuition payments from Naira accounts through the Central Bank of Nigeria (CBN)’s Form A portal. Form A is an application form designed by the…