{"id":473878,"date":"2021-10-25T13:41:20","date_gmt":"2021-10-25T13:41:20","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=473878"},"modified":"2021-10-25T13:41:20","modified_gmt":"2021-10-25T13:41:20","slug":"nigeria-firstbank-partners-with-nibss-to-facilitate-digital-payment","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2021\/10\/25\/nigeria-firstbank-partners-with-nibss-to-facilitate-digital-payment\/","title":{"rendered":"Nigeria: FirstBank Partners with NIBSS to Facilitate Digital Payment"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The Nigerian bank, First Bank of Nigeria Limited, based in Lagos, announced on Monday, October 25, its partnership with Nigeria Inter-Bank Settlement System plc (NIBSS) on its Nigeria Quick Response (NQR) payment solution.<\/p>\n<p>The recently launched platform is an innovative payment option implemented for all financial service providers. It is designed to promote fast transactions by scanning the code on their mobile device.<\/p>\n<p>Additionally, the initiative helps lower costs for merchants and banks by providing instant value for person-to-business (P2B) and person-to-person (P2P) transactions by simply scanning to pay. Unlike other QR systems, NQR is implemented at lower cost for the benefit of merchants.<\/p>\n<p>Speaking about the initiative, Dr Adesola Adeduntan (photo), CEO of FirstBank, said: \u201cWe are delighted with the adoption of the Nigeria Quick Response (NQR) payment solution, an initiative of Nigeria Interbank Settlement System plc (NIBSS) which has helped facilitate and promote ease of payment with the use of mobile phones \u201d.<\/p>\n<p>In recent years, First Bank of Nigeria Limited has grown into the first and leading financial inclusion services organization in Africa&#8217;s most populous country.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The Nigerian bank, First Bank of Nigeria Limited, based in Lagos, announced on Monday, October 25, its partnership with Nigeria Inter-Bank Settlement System plc (NIBSS) on its Nigeria Quick Response (NQR) payment solution. The recently launched platform is an innovative payment option implemented for all financial service providers. It is designed to promote fast transactions<\/p>\n","protected":false},"author":536116,"featured_media":473879,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[16158,12000,11996,16068,12036],"tags":[18217,19985,1274,38],"class_list":{"0":"post-473878","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-bank","8":"category-banks-insurance","9":"category-finance-en","10":"category-fintech-telecom","11":"category-sectors","12":"tag-digital-payment","13":"tag-firstbank-partners","14":"tag-nibss","15":"tag-nigeria","16":"post_format-post-format-aside","17":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nigeria: FirstBank Partners with NIBSS to Facilitate Digital Payment - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2021\/10\/25\/nigeria-firstbank-partners-with-nibss-to-facilitate-digital-payment\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-25T13:41:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2021\/10\/Dr-Adesola-Adeduntan-MD-CEO-FirstBank-by-Kelechi-Amadi-Obi-2-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1709\" \/>\n\t<meta property=\"og:image:height\" content=\"2560\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ibrahima jr Dia\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ibrahima jr Dia\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/10\\\/25\\\/nigeria-firstbank-partners-with-nibss-to-facilitate-digital-payment\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/10\\\/25\\\/nigeria-firstbank-partners-with-nibss-to-facilitate-digital-payment\\\/\"},\"author\":{\"name\":\"Ibrahima jr Dia\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/88162c0907e002fa8ac009b2b76b08c6\"},\"headline\":\"Nigeria: FirstBank Partners with NIBSS to Facilitate Digital Payment\",\"datePublished\":\"2021-10-25T13:41:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/10\\\/25\\\/nigeria-firstbank-partners-with-nibss-to-facilitate-digital-payment\\\/\"},\"wordCount\":189,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/10\\\/25\\\/nigeria-firstbank-partners-with-nibss-to-facilitate-digital-payment\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2021\\\/10\\\/Dr-Adesola-Adeduntan-MD-CEO-FirstBank-by-Kelechi-Amadi-Obi-2-scaled.jpg\",\"keywords\":[\"digital payment\",\"FirstBank Partners\",\"NIBSS\",\"Nigeria\"],\"articleSection\":[\"Bank\",\"Banks &amp; Insurance\",\"Finance\",\"Fintech &amp; T\u00e9l\u00e9com\",\"Sectors\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/10\\\/25\\\/nigeria-firstbank-partners-with-nibss-to-facilitate-digital-payment\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/10\\\/25\\\/nigeria-firstbank-partners-with-nibss-to-facilitate-digital-payment\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/10\\\/25\\\/nigeria-firstbank-partners-with-nibss-to-facilitate-digital-payment\\\/\",\"name\":\"Nigeria: FirstBank Partners with NIBSS to Facilitate Digital Payment - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/10\\\/25\\\/nigeria-firstbank-partners-with-nibss-to-facilitate-digital-payment\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/10\\\/25\\\/nigeria-firstbank-partners-with-nibss-to-facilitate-digital-payment\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2021\\\/10\\\/Dr-Adesola-Adeduntan-MD-CEO-FirstBank-by-Kelechi-Amadi-Obi-2-scaled.jpg\",\"datePublished\":\"2021-10-25T13:41:20+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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