Heritage Bank Deepens e-Payment

heritage bank
  • Heritage Bank Deepens e-Payment

Heritage Bank Plc has said it is committed to innovative banking through its Transparent MasterCard.

Head of Corporate Communications of the bank, Fela Ibidapo disclosed this in a statement over the weekend, where he highlighted the philosophy behind the bank’s e-payments.

According to him, there is more to e-payment than customers are enjoying, promising achieving greater heights in e-payments that deliver unparalleled convenience and security through the Heritage Bank Transparent MasterCard.

He said to own a Heritage Bank Transparent MasterCard is easy as the card comes with no cost beyond the cost of applying for the average MasterCard.

He observed that there was a huge difference between the growth in volume of e-payment and the potential available, if the number of unbanked Nigerians with access to mobile telephone services is anything to go by.

According to him, while the volume of e-payment in Nigeria grew from N18.1trillion in 2012 to N35.1trillion in 2014 with transaction through Point of Sale (POS) also increasing from N48 billion in 2013 to N312 billion in 2014, the growth has not mirrored the huge population of mobile phone users in the country.

About the Author

Samed Olukoya
CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade long experience in the global financial market. Contact Samed on Twitter: @sameolukoya; Email: [email protected]

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