Fidelity Bank Acquires Safety Solution for Verve, MasterCard Cards

Fidelity Bank Plc has implemented a state-of-the-art security solution, which will protect the bank’s Verve and Debit MasterCard cardholders in all their online transactions.

The move, according to the bank, was in furtherance of its drive towards protecting customers’ interest and stake in the financial institution.

In a statement from the bank, made available to newsmen, Nnamdi Okonkwo, managing director/chief executive officer, said the solution will also help customers to do transactions like airtime recharge, tickets, and general shopping.

He added that customers would be sent a one-time-password on their registered mobile phones.

Also, the solution will enable customers to use the code to complete their transactions even if someone else had seen their card details, but will need to have their phones to conclude the transactions.

Okonkwo, who spoke through Adedeji Olowe, divisional head, Electronic Banking, noted that the initiative is in addition to the security system that the bank already had, which constantly scans customers’ transactions for unusual activities.

“Also, our Visa cards have iPIN, which provides additional layer of security when doing Internet transactions.

“Fidelity Bank takes customers’ security banking transactions very serious and we believe you should be cashless with ease while we take care of the small details,” Olowe added.