Lagos-based payment services provider, Unified Payments, has partnered up with five commercial banks in Nigeria to launch a new contactless payment solution, PayAttitude, which works without communications network.
The banks are Access, UBA, Zenith, Skye, Diamond and First Bank.
According to a report from Nigeria Communications Week, PayAttitude is a chip and pin enabled tag-type contactless solution that is linked to customer’s prepaid wallet, enabling access to their account(s) for different payment transactions by simply tapping an NFC-enabled PoS terminal.
“PayAttitude will bridge the gap between unbanked population and the underbanked,” said Agada Apochi, managing director, Unified Payments in the report, “It supports agency network, mobile money transactions as well as contact and contactless transactions. It is linked to individual bank account and account on the chip on the mobile phone.”
The PayAttitude solution is based on a Near Field Communication (NFC) technology that converts subscribers/customer’s mobile phone to an NFC device and links the handset to the subscribers debit or prepaid account Plus ePurse. This allows the subscriber/customer to debit his/her accounts for different payment transactions.
PayAttitude subscription is available at bank branches for DebitPlus, PredpaidPlus and Premium; and outside bank branches at authorised retail outlets for PredpaidPlus.
MasterCard recently granted Unified Payments an acquiring license, a move targeted at driving the adoption of MasterCard payments in Nigeria.