Event, Arts and Entertainment

FG unveils NIPOST’s debit card, banking platform, courier vehicles

NIPOST’s debit card

The Federal Government has inaugurated the Nigerian Postal Service debit card, an agency banking platform, and 27 courier service vehicles.

The inauguration was made by the Minister of Communications and Digital Economy, Prof. Isa Pantami, on Thursday in Abuja.

The Nigerian Postal Service debit card and the agency banking platform will deepen financial inclusion and boost Nigeria’s digital economy, while the 27 courier service vehicles will make NIPOST and its partner, Speedaf Express, to compete favourably in the industry, according to the minister.

Read:  Agribusiness: Buhari set to commission NALDA’s maiden Integrated Farm Estate July 19.

He added that a digitised economy would improve the ease of doing business and transparency, as well as fight corruption.

Pantami said, “NIPOST electronic debit card is the first of its kind in the country because it works online and offline, and it is the first time NIPOST comes with a solution like this because It is a multipurpose card for financial transaction, condition cash transfer, payment of bills and many more.

“The second product which is the NIPOST banking platform will allow the customers of NIPOST to conduct financial transactions. It is another innovative solution that will make our banking systems much easier and this is also in alignment with our proposal to come up with NIPOST microfinance bank.”

Read:  Waconzy turns plus 1 today. Pledges five scholarships to study Oracle database Admin valued at $3595 each

He added, “We are in the process of digital transformation, and transformation will not be possible without digitalisation.  What we are doing today is to ensure that NIPOST is digitalised so that they will deliver in their mandate by Law.

Read:  Ajegunle To The World

The minister further clarified that the essence of the new financial solutions is to provide financial services to those in the unbanked regions.


Related posts

Sanwo-Olu Praises Organisers, Winners Of 15 Headies Awards.


FADAMA microfinance bank set to commence operations


GTBank Fashion Weekend Returns for the 5th Year, Holds Nov. 14 – 15, Call for Exhibitors Now Open


Official Update on DJ Obi’s World Record attempt for Longest Marathon Club DJ-ing


Enhancing effective Policing with infrastructural support.


Pheelz, Femi Koya join superstar line-up announced for the Africa Day music festival on 28 May.


Leave a Comment