The Classic Mastercard is a Naira denominated debit card issued in partnership with MasterCard International. It is linked to customers current and/or savings account and can be used for transactions via various acceptance channels (ATM, POS and Web) both locally and internationally.
It can be linked to either (or both) Savings or Current Account type
Functional on all channels – ATM, POS, Web where the Mastercard decal/logo is displayed
Secured by a 4-Digit Personal Identification Number (PIN)for Card-Present transaction and One-time password (SecureCode) for Card-Not-Present transactions.
Has 3-year validity period
Has a unique BIN (Bank Identification Number) as part of the card number
Can access Value added services (VAS) i.e. cable TV, Utilities, Airtime Recharge etc.
Enabled for One Time Password (OTP) for all Web payments.
We are obligated to report transactions above the limits stipulated in the Anti-Money Laundering/Combating Financing of Terrorism guidelines/regulations and suspicious transactions to the Nigeria Financial Intelligence Unit
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114, Adeola Odeku, Eletu Ogabi Street,
Victoria Island, Corporate Office,