Heritage Bank Unveils PayAttitude

In a bid to continually give customers a vast variety of payment solution options, Heritage Bank has launched the PayAttitude mode of payment.

The PayAttitude is a Chip and Pin tag-type contactless solution based on Near Field Communication (NFC) technology.

The NFC technology converts a customer’s mobile phone handset to an NFC device and links the handset to the customer’s debit or prepaid account plus ePurse account, enabling the subscriber or customer to debit their accounts for different payment transactions.

According to a statement from the bank, the Managing Director/Chief Executive Officer of the bank, Mr. Ifie Sekibo said that Pay Attitude was included as part of the bank’s collection of payment solutions because of its plus functionality, which guarantees subscribers the confidence and comfort of successful proximity or contactless payment for goods and services at merchant locations at all times, notwithstanding problems or challenges of telecommunication or unavailability of network of the merchant or customer’s bank.

The bank CEO said such transactions are authorised offline up to the value of plus functionality that the customer subscribed to with the bank.

Sekibo listed the benefits of PayAttitude as zero percentage transaction failure for the holder; instant issuance at the branches and agent locations; protection of issuers and holders against fraud and unauthorized usage because of its Chip and Pin feature and it suits the lifestyle of mobile phone users and it is convenient for retail transactions by tapping the phone against the PoS terminal.

He added other benefits as mobile network operator (MNO) neutrality, which makes it usable on any phone network; handset neutrality, ensures an automatic conversion of handsets to NFC compatibility, making it compliant with all phones and interoperability, which makes it possible to be used across different bank platforms and agents leveraging the switching and shared service capabilities of unified payments.