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Fidelity Bank Partners Paypal On Payment Cards

June 30, 2014

Fidelity Bank Plc, at the weekend, said its payment cards are now accepted on the PayPal platform.

Consequently, the bank said in a statement that its cardholders can now shop from the world's major international retailers with more flexibility and convenience.

Coming on the heels of the proposed nationwide adoption of the CBN's cashless initiative from July 1, the statement said "this move is seen as part of the bank's efforts at boosting electronic payments and fostering ease of transactions."

PayPal, a global player in the e-commerce industry, offers a faster and effective means of conducting transactions over the internet and is being used by millions of customers across the world.

Divisional Head, Electronic Banking, AdÉdÈjÌ OlÓwÈ who spoke on behalf of the Managing Director and Chief Executive Officer, Fidelity Bank Plc, Nnamdi Okonkwo, said the introduction of PayPal is a deliberate attempt to make financial services easy and accessible to its customers.

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Source: AllAfrica

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