TAJBank, a non-interest bank, said it has deployed the New Quick Response (NQR) payment solution, to ease transactions for its customers on its e-business channels.
The secured NQR payment solution was recently launched by the Nigeria Inter-Bank Settlement System Plc (NIBSS) to enable contactless financial transactions.
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According to a statement signed by the founder/Chief Operating Officer of TAJBank, Mr Hamid Joda, the ingenious solution would further drive the bank’s culture of innovation and create a seamless payment experience for its rapidly growing individual and corporate customers in their banking transactions.
He said: “We are excited to have this payment channel introduced into the nation’s financial system as an addition to other innovative solutions we have deployed over the past few months.
“This is proof that as we have said in our communications signature line, TAJBank’s interest is always in our customers.”
The bank’s Chief Marketing Officer/Co-Founder, Mr Sherif Idi, also maintained that the deployment of the NQR payment solution would revolutionize the e-payment experience and open new frontiers for small, medium and large scale businesses which are major stakeholders of the bank.
Since it commenced operations in the non-interest banking segment of the financial services industry, TAJBank has held a record of growth and innovation, rendering exceptional quality services to customers, the statement noted.
The bank’s NQR solution is open to all customers of the bank across all its branches and digital channels globally.
TAJBank is Nigeria’s second licensed non-interest financial institution offering a bouquet of innovative and customer-oriented products and services that span private banking, retail banking, business banking, development finance and the public sector.