Mastercard Partners FCMB to Launch Contactless Tap on Phone Payment Solution in Nigeria

by Digital Brainiacs
0 comment 2 minutes read

From left: Country Manager & Area Business Head, West Africa, Mastercard, Ebehijie Momoh; Head of Partnership and Channels Development, Netplus, Samuel Onwuekwe, Vice President, Customer Solutions, East & West Africa, Mastercard, Kari Tukur & Divisional Head, Payment & Solutions, First City Monument Bank (FCMB), Frank Atat, at the FCMB EasyPay launch, powered by Mastercard, on Tuesday, May 16, 2023, in Lagos.

Mastercard, in partnership with First City Monument Bank (FCMB) and NetPlusDotCom (NetPOS), has launched a contactless payment solution that enables consumers, merchants, and financial institutions to process payments seamlessly using Tap on Phone, also known as Soft POS. This eliminates physical contact with a device at the point of sale, thereby enabling consumers to make contactless payments quickly and easily without the need to carry physical cash.

With the Tap on Phone, merchants can use their Android smartphone or tablet to accept contactless payments without…

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