FG reveals NIPOST’s debit card, others

The Federal Government has launched the Nigerian Postal Service debit card, an agency banking platform, and 27 courier service vehicles in Abuja.

The Minister of Communications and Digital Economy, Prof. Isa Pantami, made the inauguration on Thursday.

According to the minister, the Nigerian Postal Service debit card and the agency banking platform will deepen financial inclusion and boost Nigeria’s digital economy.

While the 27 courier service vehicles will make NIPOST and its partner, Speedaf Express, compete favourably in the industry.

He added that a digitised economy would not only improve transparency and the ease of doing business but help fight corruption too.

Pantami said, “NIPOST electronic debit card is the first of its kind in the country because it works online and offline, and it is the first time NIPOST comes with a solution like this because It is a multipurpose card for financial transaction, condition cash transfer, payment of bills and many more.

“The second product which is the NIPOST banking platform will allow the customers of NIPOST to conduct financial transactions. It is another innovative solution that will make our banking systems much easier and this is also in alignment with our proposal to come up with NIPOST microfinance bank.”

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