First Bank of Nigeria Limited, in partnership with global payments giant Visa, has unveiled two new payment solutions—the Visa Signature Card and the Naira Visa Debit Card—designed to strengthen Nigeria’s digital payments ecosystem and improve financial accessibility across customer segments.
The dual product launch, announced at a ceremony in Lagos, introduces a premium and mass-market offering aimed at delivering seamless, secure, and globally compatible transactions for Nigerian customers.
Premium and Everyday Banking in One Strategy
According to FirstBank officials, the Visa Signature Card is tailored for affluent customers and comes with multi-currency functionality, allowing automatic switching between the naira, US dollar, British pound, and euro depending on location and transaction needs.
The premium card also includes lifestyle benefits such as:
- 24/7 concierge services
- International airport lounge access
- Travel insurance coverage
- Emergency medical assistance
In contrast, the Naira Visa Debit Card targets everyday users seeking convenience, affordability, and global payment access.
Strong Focus on Security and Accessibility
The bank confirmed that both cards are powered by advanced chip-and-PIN technology to enhance transaction security and reduce fraud risks.
The Naira Visa Debit Card will be available instantly across FirstBank branches nationwide at a regulated issuance fee of ₦1,000.
Meanwhile, the Visa Signature Card will be delivered within 24–48 hours, depending on location.
The premium card also carries a daily transaction limit of ₦3 million, which can be adjusted upon customer request.
Visa Highlights Customer-Centric Innovation
Speaking at the event, Visa West Africa executives emphasized that the partnership is designed to support evolving customer financial needs across different life stages.
They noted that the collaboration reflects a shared goal of building payment solutions that align with modern consumer behavior, travel needs, and cross-border financial activity.
FirstBank Reaffirms Digital Banking Commitment
FirstBank’s marketing leadership described the product rollout as part of the institution’s broader commitment to innovation and customer-focused banking solutions.
The bank encouraged increased adoption of digital payment tools, noting that the new cards are designed to improve convenience while expanding access to international financial services.
