{"id":53058,"date":"2021-10-13T20:53:08","date_gmt":"2021-10-13T19:53:08","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=53058"},"modified":"2021-10-13T20:53:08","modified_gmt":"2021-10-13T19:53:08","slug":"firstbank-partners-nibss-on-digital-payment","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/firstbank-partners-nibss-on-digital-payment\/","title":{"rendered":"FirstBank Partners NIBSS On Digital Payment"},"content":{"rendered":"<p>First Bank Nigeria has sealed a partnership with the Nigeria Inter-Bank Settlement System Plc. (NIBSS) on its Nigeria Quick Response (NQR) payment solution.<\/p>\n<p>A statement issued on Wednesday quoted the Bank\u2019s\u00a0Chief Executive Officer, Dr Adesola Adeduntan as saying NQR is an innovative payment option implemented for all financial service providers.<\/p>\n<p>It is designed to promote quick and fast transactions by scanning codes on users\u2019 mobile phone devices.<\/p>\n<p>It reduces cost for merchants and banks in delivering instant value for Person-to-Business (P2B) and Person-to-Person (P2P) transactions by simply scanning to pay, he explained.<\/p>\n<p>The initiative is accessible on the bank\u2019s payment infrastructure as the NQR code can be used to make payments through FirstMobile App and is available for merchants in facilitating their business activities.<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p>He also explained that the touchpoints and use sites of the NQR payment solution included convenience stores, supermarkets, shopping malls, pharmacies, and ride-hailing\/taxi payments.<\/p>\n<p>It also includes payment for bus fares, tolling booths payments, vending machines, e-commerce sites, online businesses, amongst many others.<\/p>\n<p>\u201cWe are delighted with the adoption of NQR payment solution, an initiative by NIBSS which has been instrumental to easing and promoting payment convenience with the use of mobile phones.<\/p>\n<p>\u201cWe recognize the indelible role technology plays in promoting businesses\u00a0across diverse frontiers and we remain committed to reinventing our technology infrastructure to meet global standards,\u2019\u2019 Adeduntan said<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>First Bank Nigeria has sealed a partnership with the Nigeria Inter-Bank Settlement System Plc. (NIBSS) on its Nigeria Quick Response (NQR) payment solution.\u00a0<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":39377,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[2018,9108],"coauthors":[2391],"class_list":["post-53058","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-first-bank-of-nigeria","tag-quick-response-nqr-payment-solution"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FirstBank Partners NIBSS On Digital Payment - National Wire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/firstbank-partners-nibss-on-digital-payment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FirstBank Partners NIBSS On Digital Payment - National Wire\" \/>\n<meta property=\"og:description\" content=\"First Bank Nigeria has sealed a partnership with the Nigeria Inter-Bank Settlement System Plc. 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