BUSINESS

FirstBank Launches FirstMonie Merchant Solution To Advance Digital Payments Across Nigeria

<h4>FirstBank Launches FirstMonie Merchant Solution<&sol;h4>&NewLine;<h4>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> reports that FirstBank&comma; the leading financial institution and provider of financial inclusion services in West Africa&comma; has officially launched its FirstMonie Merchant Solution&period; This innovative platform is designed to enable merchants and businesses across Nigeria to seamlessly accept digital payments with efficiency and ease&period;<&sol;h4>&NewLine;<h4>The FirstMonie Merchant Solution responds to the increasing need for dependable digital payment systems by offering a streamlined and automated onboarding process&comma; an integrated referral system&comma; and customizable features such as Pay with Transfer and Purchase&period;<&sol;h4>&NewLine;<h4>Additional capabilities include instant settlement&comma; concession management with flexible and competitive pricing&comma; automatic terminal registration&comma; and a comprehensive suite of products spanning all pricing tiers&period;<&sol;h4>&NewLine;<figure id&equals;"attachment&lowbar;30212" aria-describedby&equals;"caption-attachment-30212" style&equals;"width&colon; 300px" class&equals;"wp-caption alignnone"><img class&equals;"size-medium wp-image-30212" src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2025&sol;09&sol;download-3-300x141&period;jpeg" alt&equals;"FirstBank Launches FirstMonie Merchant Solution To Advance Digital Payments Across Nigeria" width&equals;"300" height&equals;"141" &sol;><figcaption id&equals;"caption-attachment-30212" class&equals;"wp-caption-text"><em><strong>FirstBank&comma; a leading commercial bank in Nigeria<&sol;strong><&sol;em><&sol;figcaption><&sol;figure>&NewLine;<h4>The solution comes equipped with pre-configured&comma; ready-to-use POS terminals&comma; as well as a network dashboard offering real-time monitoring&comma; dispute resolution&comma; and complaint management&period; These functionalities contribute significantly to improving the merchant experience by enhancing liquidity&comma; accuracy&comma; and operational control&comma; while effectively minimizing chargebacks&period;<&sol;p>&NewLine;<p>Chuma Ezirim&comma; Group Executive&comma; <a href&equals;"https&colon;&sol;&sol;www&period;vanguardngr&period;com&sol;">E-Business and Retail Products at FirstBank&comma;<&sol;a> remarked on the launch&colon; &OpenCurlyDoubleQuote;FirstMonie Merchant Solution is set to transform digital payments in Nigeria&period; With its advanced features and seamless onboarding&comma; we are empowering businesses of all sizes and locations to thrive in the digital economy&period;”<&sol;h4>&NewLine;<figure id&equals;"attachment&lowbar;28065" aria-describedby&equals;"caption-attachment-28065" style&equals;"width&colon; 300px" class&equals;"wp-caption alignnone"><img class&equals;"size-medium wp-image-28065" src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2025&sol;01&sol;FirstBank-HeadOffice-Building-marina-300x222&period;jpg" alt&equals;"FirstBank Launches FirstMonie Merchant Solution" width&equals;"300" height&equals;"222" &sol;><figcaption id&equals;"caption-attachment-28065" class&equals;"wp-caption-text"><em><strong>FirstBank&comma; a leading bank in Nigeria with branches across countries<&sol;strong><&sol;em><&sol;figcaption><&sol;figure>&NewLine;<h4>He further emphasized that the FirstMonie Merchant Solution will enhance operational efficiency within Nigeria&&num;8217&semi;s payments industry&period;<&sol;h4>&NewLine;<h4><em><strong>&OpenCurlyDoubleQuote;This is not merely a product introduction&semi; we are simplifying payment processes and providing merchants with improved transparency&comma; control&comma; and speed for daily transactions&period; At FirstBank&comma; our commitment remains steadfast in building financial ecosystems that offer value&comma; convenience&comma; and trust to all stakeholders&period;”<&sol;strong><&sol;em><&sol;p>&NewLine;<p>Both new and existing FirstBank account holders can access the FirstMonie Merchant Solution through a straightforward online registration at www&period;firstbanknigeria&period;com&sol;getyourpos&period;<&sol;h4>&NewLine;<figure id&equals;"attachment&lowbar;25449" aria-describedby&equals;"caption-attachment-25449" style&equals;"width&colon; 300px" class&equals;"wp-caption alignnone"><img class&equals;"size-medium wp-image-25449" src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2024&sol;06&sol;Segun-Alebiosu-Ag&period;-CEO-FirstBank-300x216&period;jpg" alt&equals;"FirstBank Launches FirstMonie Merchant Solution To Advance Digital Payments Across Nigeria" width&equals;"300" height&equals;"216" &sol;><figcaption id&equals;"caption-attachment-25449" class&equals;"wp-caption-text"><em><strong>Dr&period; Olusegun Alebiosu&comma; FirstBank Group CEO<&sol;strong><&sol;em><&sol;figcaption><&sol;figure>&NewLine;<h4>Leveraging FirstBank’s established technological infrastructure&comma; the FirstMonie Merchant Solution demonstrates the Bank’s dedication to fostering growth and financial inclusion by delivering scalable&comma; reliable&comma; and user-friendly digital solutions tailored to the evolving needs of Nigerian enterprises&period;<&sol;p>&NewLine;<p>Beyond enabling seamless digital payments&comma; the FirstMonie Merchant Wallet Solution reinforces FirstBank’s commitment to the safety and security of merchant funds&comma; a critical assurance that many Fintech alternatives do not provide&period;<&sol;p>&NewLine;<p>With a heritage spanning 131 years&comma; FirstBank continues to drive innovation in African banking&period; The introduction of the FirstMonie Merchant Solution reaffirms the Bank’s leadership in digital banking and underscores its mission to broaden access to financial services nationwide&period;<&sol;h4>&NewLine;<h4>Supported by a network of over 300&comma;000 FirstMonie agents&comma; FirstBank maintains its position at the forefront of accessible and innovative financial solutions for individuals and businesses throughout Nigeria&period;<&sol;h4>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<figure id&equals;"attachment&lowbar;30211" aria-describedby&equals;"caption-attachment-30211" style&equals;"width&colon; 300px" class&equals;"wp-caption alignnone"><img class&equals;"size-medium wp-image-30211" src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2025&sol;09&sol;download-2-300x164&period;jpeg" alt&equals;"FirstBank Launches FirstMonie Merchant Solution To Advance Digital Payments Across Nigeria" width&equals;"300" height&equals;"164" &sol;><figcaption id&equals;"caption-attachment-30211" class&equals;"wp-caption-text"><em><strong>FirstBank<&sol;strong><&sol;em><&sol;figcaption><&sol;figure>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;

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