In a bid to facilitate seamless transactions for both payment and collection purposes in Nigeria and across Africa, ProvidusBank Limited has partnered with MasterCard to launch an innovative payment solution for business customers.
Speaking at the launching of the new solution named Amphi card, the first of its kind in the Middle East and African continent, Mr. Walter Akpani, the Managing Director of the Bank, emphasized the institution’s commitment to innovation.
He expressed gratitude to MasterCard for their partnership in the project, saying, “We want to pioneer new ways of doing things and that is not something we can do alone.”
Akpani, described the card as part of the bank’s ongoing pursuit of innovation, saying “The frontier of innovation never stops; we just have to continue to prod our intellectual abilities to do new things. At the end of it all, it is the customers that benefit from this push for innovation.”
He reassured the bank’s customers that they would remain at the forefront of addressing their needs, providing tailored solutions to foster business growth.
Mr. Kingsley Aigbokhaevbo, the Deputy Managing Director, affirmed that the new product would significantly reduce expenses for MSMEs, describing it as a fantastic solution.
A representative from MasterCard Kari Tukur Vice-president – Customer Service Solutions -East Africa & west Africa/Indian Oceans acknowledged the Amphi card as the first dual card launched in Eastern Europe, the Middle East, and Africa.
She said, “As a technology company in the payment industry, we are excited to be part of this innovative solution – a digital and financial technology that makes life different and easy for everyone. Today, we are launching a solution that embodies payment and collection, making it a truly different and far-reaching solution.
“At MasterCard, we realized the pivotal role that MSMEs play in the global economy as they contribute significantly to the economic and job creation in its different markets.”