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Banks that disabled InterSwitch Cards for Internet Use
One of the core functions of an InterSwitch ATM/Debit card is using it to pay for goods and services via the Internet. However, fraud has always been a big problem since all that is needed to use this card on the Internet is the 19-digit card number and PIN code. I am not sure InterSwitch [...]
Popularity: 13% [?]
ATM Woes in Nigeria: Your Financial Institution is NOT available
I have read several serious complaints from ATM card holders, about using their cards in Nigeria. I once saw a hilarious headline on a popular Nigerian web forum where a poster mischievously defined ATMs as “Automated Thieving Machines” The only serious problem I have experienced with using an ATM in Nigeria was due to [...]
Popularity: 11% [?]
Interswitch Nigeria & member banks move against ATM fraudsters
Long after several people have been defrauded of their money through social engineering scams, Interswitch Nigeria the leading issuer of local ATM/Debit cards appears to be acting now. According to a recent report by Daily Trust:
Interswitch Nigeria Limited in collaboration with banks last week inaugurated an awareness campaign to protect ATM card holders against fraudsters [...]
Popularity: 5% [?]
Standard Chartered Bank Nigeria joins Interswitch
Standard Chartered Bank Nigeria has joined the Interswitch payment network in Nigeria. This blog post also includes a full list of all the Nigerian banks on the Interswitch network.
Popularity: 5% [?]
E-commerce in Nigeria: We’re back to the stone age!
In December 2007, I was sharing my frustration about GT Bank Nigeria in a blog post titled: Woes of a Nigerian Internet Banking Customer. Till date, things have virtually remained the same - 3rd party funds transfer using the Internet Banking facility offered by GT Bank is still restricted. Well, things have just got even [...]
Popularity: 4% [?]
Interswitch Nigeria: Lower your Webpay entry fees
What is InterSwitch about? According to their website:
InterSwitch Limited is an electronic transaction switching and payment processing company with a business footprint that covers the provision of shared, integrated message broker solutions for financial transactions, e-commerce, telecoms value-added services and e-billing in the Nigerian environment.
Most of the local debit/ATM cards issued in Nigeria are linked [...]
Popularity: 10% [?]
