In another move aimed at delivering convenient and accessible services to its teeming customers, Oceanic Bank has announced that its ATMs can now accept Euromoney MasterCard and Visa.
This connotes that all foreign and local cardholders in Nigeria can now take advantage of Oceanic Bank’s extensive ATM Network for their daily transactions like cash withdrawals, bill payments, mobile recharge and non financial transactions such VISA iPIN for internet based transactions.
According to a statement released by the Bank, the bank’s extensive ATM network is available to all such cardholders, including those without existing account relationships with Oceanic Bank. “The beauty of the EMV (EuroMoney, Master Card and Visa) platform is that any Chip+PIN card, foreign or local, can conveniently access their bank accounts on EMV-compliant ATMs like those of Oceanic Bank.
The statement further stated that “ a bank customer from the UK can conveniently withdraw the Naira equivalent of funds in his foreign bank account from any of Oceanic ATMs in Nigeria; similarly, any other local bank customer can use his Visa Card and MasterCard/Verve Combo to withdraw cash from an Oceanic ATM”.
Oceanic Bank applauds the strategic direction of the Central Bank of Nigeria (CBN) in advocating the upgrade of all bank cards to the more secure EMV, Chip+PIN platform.
This development has assisted the e-payment sector to restore customer confidence and promote the associated benefits of embracing alternatives to cash transactions in line with CBN policy.
In a related development, Oceanic Bank has recently upgraded all its ATMs to enable cardholders get their Visa Card Internet Personal Identification Number (iPIN) required for purchases on the web.