master card to serve as nigeria identity in nigeria

                                                                                                                                   AS news reachin us early this mornin<              The National Identity Management Commission  and MasterCard have announced the rolloff of 13 million MasterCard branded National Identity Smart Cards with electronic payment capability as a pilot programme under its card authority<

The National Identity Smart Card is the card scheme under the recently deployed National Identity Management System . This programme is the largest rolloff of a old electronic payment solution in the country and the broadest financial inclusion initiative of its kind on the whole  African continent.

The Director General of the NIMC, Mr.Chris Onyemenam, insinuate that in a statement, We have chosen MasterCard to be the payment technology provider for the initial rolloff of the National Identity Smart Card project because the company has shown a commitment to furthering financial inclusion through the reduction of cash in the economy of nigeria 

As part of the programme, in its first comment, Nigerians who are16 years and above, and all residents in the country for more than two years, will get the new multipurpose identity card which has 13 applications including MasterCard’s prepaid payment technology that will provide cardholders with the safety, convenience and reliability of electronic payments. This will have a significant and positive advantage  on the lives of these Nigerians who have not previously had access to financial services.

The project will have Access Bank Plc as the pilot issuer bank for the cards and Unified Payment Services Limited (Unified Payments) as the payment processor. Other issuing banks will include United Bank for Africa, Union Bank, Zenith, Skye Bank, Unity Bank, Stanbic, and First Bank.

The announcement was witnessed by the Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, who stressed the importance of the National Identity Smart Card scheme in moving Nigeria to an electronic platform.

   dis service is more ok, for us to bring all the citizens on a common platform for interacting with the various government agencies and for transacting electronically. We will implement this initiative in a collaborative manner between the public and private sectors, to achieve its full potential of inclusive citizenship and more effective governance,she  folder said that,

Also, the Businesswire stated  the Chief Executive Officer, Access Bank Plc, Mr. Aigboje Aig-Imoukhuede said, Access Bank’s involvement in this project is testament to our ongoing efforts to vase  financial inclusion in Nigeria
what do you say about this? aint this cool?
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