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FirstBank of Nigeria Limited, West Africa’s leading financial institution, has officially launched the FirstMonie Merchant Solution, a next-generation digital payment platform designed to empower merchants and businesses across Nigeria to seamlessly accept and manage digital transactions.
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Transforming Digital Payments for Nigerian Businesses
The FirstMonie Merchant Solution directly addresses the growing demand for dependable digital payment systems by offering:
- Streamlined onboarding with automated processes.
- Integrated referral system and customizable payment features such as Pay with Transfer and Purchase.
- Instant settlement and concession management with competitive pricing.
- Pre-configured POS terminals for immediate use.
- Network dashboard with real-time monitoring, dispute resolution, and complaint management.
These features are designed to improve liquidity, reduce chargebacks, and give businesses greater transparency, accuracy, and operational control.
FirstBank’s Commitment to Financial Inclusion and Innovation
Speaking on the launch, Chuma Ezirim, Group Executive, E-Business and Retail Products at FirstBank, said:
“FirstMonie Merchant Solution is set to transform digital payments in Nigeria. With its advanced features and seamless onboarding, we are empowering businesses of all sizes and locations to thrive in the digital economy.”
Ezirim noted that the solution goes beyond transactions by enhancing efficiency, transparency, and trust in Nigeria’s payment industry.
Secure and Scalable Digital Solutions for Nigerian Enterprises
The FirstMonie Merchant Solution is accessible to both new and existing FirstBank account holders through a simple online registration at www.firstbanknigeria.com/getyourpos.
By leveraging its robust infrastructure and over 300,000 FirstMonie agents nationwide, FirstBank reinforces its dedication to financial inclusion, merchant fund security, and digital transformation across Nigeria.
Unlike many fintech alternatives, the FirstMonie Merchant Wallet guarantees safety and security of funds, a critical differentiator in today’s digital payment landscape.
131 Years of Banking Leadership and Innovation
With over 131 years of heritage, FirstBank continues to pioneer innovation in African banking. The launch of the FirstMonie Merchant Solution reaffirms the Bank’s position as a trusted partner for businesses and individuals, strengthening its role as a catalyst for financial access, digital banking, and economic growth in Nigeria.
