FCMB Introduces Paperless And Card-Less Transactions

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First City Monument Bank (FCMB), has introduced paperless and card-less transactions at its branches, ATMs and PoS terminals.

The bank in a statement on Wednesday, March 3rd, 2021 said; “Customers can now seamlessly carry out transactions with just their fingerprints and Bank Verification Numbers.”

“This followed the introduction of paperless transactions within the banks’ over 200 branches in Nigeria.”

“With this innovation, customers no longer required deposit slips, withdrawal booklets, or cheque books to carry out over-the-counter transactions.”

“Customers now have the opportunity to enjoy card-less banking experience by just using their fingerprints to withdraw and deposit cash at 575 select biometric ATM points of the bank spread across the country and via biometric Point of Sales terminals available within the bank’s branches.”

However, Executive Director, Retail Banking, FCMB, Mr Olu Akanmu, said; “The FCMB card-less biometric transaction on ATM is a pioneering innovation in digital banking in Nigeria that provides wider access to ATM usage for many more people who may not have debit cards.”

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