Banking

TAJ bank deploys NQR code to ease transaction

Published

on

News

By Kadiri Abdulrahman

TAJBank has deployed the NQR payment solution, a native rapid response code by the Nigeria Interbank Settlement System (NIBSS) as the latest addition to its e-commerce channels.

The bank’s founder / COO, Mr. Hamid Joda, said this in a statement in Abuja on Monday.

Joda said this ingenious solution will further boost TAJBank’s culture of innovation.

The (NAN) reports that the NQR payment solution is a secure QR code-based payment and collection platform developed for merchants and customers to receive and make payments easily and securely.

Joda said the NQR will also create a seamless payment experience for the bank’s rapidly growing retail and business customers in their banking transactions.

“We are delighted that this payment channel is being introduced into the country’s financial system as a complement to other innovative solutions that we have deployed in recent months.

“This is proof that, as we said in our signature line of communications, TAJBank’s interest is still in our clients,” he said.

Meanwhile, the bank’s chief marketing officer and co-founder, Mr. Sherif Idi, said the deployment of the NQR payment solution would revolutionize the electronic payment experience.

Idi added that this would open up new frontiers for small, medium and large companies which were the main stakeholders of the bank.

He has secured the bank’s track record of growth and innovation and delivering quality customer service.

He said the NQR solution is open to all of the bank’s customers, merchants and individuals, across all of its branches and digital channels around the world.

TAJBank is Nigeria’s second licensed interest-free financial institution, offering innovative, customer-oriented products and services that span private banking, retail banking, commercial banking, development finance and the public sector. (NOPE)

(NAN)

Short Link: https://wp.me/pcj2iU-3yKY

NNN

NNN: :is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor @ nnn.ng

Video press release: Rugby Africa Sevens Solidarity Camp: All matches will be broadcast live Saturday and Sunday on Rugby Africa’s Facebook page and Rugby Africa’s YouTube channel APC will take over Rivers Govt House in 2023- State Chairman Coronavirus – Nigeria: COVID-19 case update (May 7, 2021) FRSC enjoins passengers to caution reckless drivers Coronavirus – Daily update of the state of COVID-19 statistics in Zambia (May 7, 2021) Atiku mourns ex-Minister of Women Affairs, Alhassan Bird flu: Bauchi govt. kills about 27,000 birds to curtail spread Heirs Oil & Gas announces the appointments of its CEO and Board of Directors NCDC records 39 new infections, zero death Victor Campenaerts warming up for the Giro d’Italia time trial on Zwift Abuja residents count losses as FCDA demolishes illegal structures Rugby Africa Sevens Solidarity Camp: All matches will be broadcast live on Saturday and Sunday on Rugby Africa’s Facebook page and Rugby Africa’s YouTube channel Adimula Commissions PTI Skill Development Academy Coronavirus – Rwanda: COVID-19 update (May 6, 2021) JUSUN, PASAN strike to end soon – FG Coronavirus – Eswatini: COVID-19 daily update (May 6, 2021) Jagun emerges new president of computer professionals council Coronavirus – Eritrea: Ministry of Health announcement (May 6, 2021) Lagos to connect 100 schools to internet in May – Sanwo-Olu #EndSARS: Insurance companies pay N4bn claims – NIA NCDC confirms 28 new COVID-19 infections in Nigeria Coronavirus – Daily update on the status of COVID-19 statistics in Zambia (May 6, 2021) Manchester United cruise into Europa League final, Arsenal slump Mining Indaba expands advisory board for 2022 Kogi Gov., Bello commiserates with Pastor Adeboye over son’s demise Angolan Petroleum Agency to host question and answer sessions for next application cycle FG inaugurates committees on National Policy on welding Coronavirus – Kenya: COVID-19 update (May 6, 2021) Leadership Centre, UNDP train 5000 civilian JTF in Yobe, Adamawa Coronavirus – Ethiopia: COVID-19 cases reported in Ethiopia (May 6, 2021) Player fined about N2.5m, banned for slapping opponent FROM THE FIELD: Ugandan conflict survivor helps communities find ‘ways forward’ Former LRA leader, former child soldier, sentenced to 25 years in prison Coronavirus – Eritrea: Ministry of Health announcement (May 5, 2021) Day of the Midwife: Invest in midwives to save more lives — UNFPA Liquid Telecom unveils new identity, Liquid Intelligent Technologies in Botswana as it establishes itself as the digital services partner of choice for African businesses Buhari salutes ex-NSC DG Al-Hassan Yakmut at 60 Chelsea whip Real Madrid to reach Champions League final Video press release: Weekly press briefing on the coronavirus epidemic Enugu State inaugurates board for universal health coverage Video Press Release: WHO Africa COVID-19 Online Briefing Singer Paul Okoye hits 1m subscribers on YouTube, receives gold plaque Coronavirus – Ethiopia: COVID-19 cases reported in Ethiopia (May 5, 2021) Coker resumes as NTDC boss WAPA reiterates commitment to vulnerable women in Lagos Coronavirus – Daily update on the status of COVID-19 statistics in Zambia (May 5, 2021) EU moots military training mission to Mozambique – Official Vaccine shortage increases risk of COVID-19 resurgence NECO releases 2020 SSCE results Rugby Africa Mulligrubbers #AfricaAsOne with the launch of the men’s seven-a-side solidarity camp