FirstBank has launched its FirstMonie Merchant Solution, a platform designed to help Nigerian businesses seamlessly accept and manage digital payments.
The solution provides streamlined onboarding, automated referrals, and features like Pay with Transfer, instant settlement, concession management, and customizable pricing options.
According to FirstBank Group Executive, E-Business and Retail Products, Chuma Ezirim, the innovation will transform payments and empower businesses nationwide to thrive digitally.
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He stressed that the solution enhances transparency, control, and efficiency, while minimizing chargebacks and providing improved liquidity and operational flexibility.
The platform also comes with pre-configured POS terminals, a monitoring dashboard, dispute resolution tools, and security features ensuring safety of merchant funds.
Both new and existing account holders can access the service by registering online through FirstBank’s official portal, making it widely accessible across Nigeria.
With a history spanning 131 years, FirstBank continues to lead financial inclusion across Africa, supported by its vast FirstMonie agent network nationwide.
The bank’s executives maintain that this launch reaffirms its mission to broaden access to financial services and strengthen Nigeria’s digital economy.
