Mastercard, in partnership with First City Monument Bank (FCMB) and Netplus, has launched a contactless payment solution that enables consumers, merchants and financial institutions to process payments seamlessly using Tap on Phone.
The solution helps to eliminate physical contact with a device at the point of sale, thereby enabling consumers make contactless payment easily.
The partnership reflects the bank’s vision to develop innovative, affordable and convenient payment solutions, the parters said.
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