In the bid to continually give its customers a vast variety of payment solution options, Heritage Bank has launched the Pay Attitude, a mode of payment which uses chip and pin tag-type contactless solution based on Near Field Communication (NFC) technology.
The Pay Attitude converts a customer’s mobile phone handset to an NFC device and links the handset to the customer’s debit or prepaid account plus ePurse account, enabling the subscriber or customer to debit their accounts for different payment transactions.
According to the Managing Director and Chief Executive of Heritage Bank, Ifie Sekibo noted that Pay Attitude was included as part of the bank’s collection of payment solutions because of its plus functionality, which guarantees subscribers the confidence and comfort of successful proximity or contactless payment for goods and services at merchant locations at all times, notwithstanding problems or challenges of telecommunication or unavailability of network of the merchant or customer’s bank.
Such transactions he said are authorized offline up to the value of plus functionality that the customer subscribed to with the bank. Listing its benefits Sekibo said Pay Attitude has a zero percentage transaction failure for the holder; instant issuance at the branches and agent locations; protection of issuers and holders against fraud and unauthorized usage because of its Chip and Pin feature and it suits the lifestyle of mobile phone users and it is convenient for retail transactions by tapping the phone against the PoS terminal.
Source : Leadership