First Bank of Nigeria Limited, in partnership with global payments company Visa, has introduced two new payment products aimed at expanding digital banking options for customers across different income segments in Nigeria.
The rollout includes the Visa Signature Card and the Naira Visa Debit Card, both designed to enhance payment flexibility, security, and global transaction access for users within the country and abroad.
Brandspur Banking News Desk reports that the Visa Signature Card comes with multi-currency functionality, allowing users to seamlessly transact in naira, US dollars, British pounds, and euros depending on location and transaction requirements.
The premium card also offers additional lifestyle and travel benefits, including airport lounge access, travel insurance coverage, concierge services, and emergency assistance support for international users.
The Naira Visa Debit Card, targeted at everyday customers, provides local and international payment access at a regulated issuance fee, making it accessible for broader financial inclusion across Nigeria’s retail banking segment.
First Bank stated that both cards are built on advanced chip-and-PIN security technology to improve transaction safety and reduce fraud risks in digital payments.
The bank further disclosed that the Visa Signature Card carries adjustable daily spending limits, while issuance timelines range between 24 and 48 hours depending on customer location and service channels.
Visa executives noted that the partnership reflects a shared goal of delivering tailored financial solutions that match the evolving needs of modern consumers at different stages of their financial journey.
The new dual-card offering is expected to strengthen Nigeria’s digital payment ecosystem by increasing access to secure, flexible, and globally connected banking services.
