CBN upgrades eNaira app with NFC chip

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To boost its service offerings and make it more user-friendly, the Central Bank of Nigeria (CBN) has upgraded the eNaira app with Near Field Communication (NFC) enablement, making it a top-notch, globally-recognised application.

NFC is the technology that allows two devices, like a mobile phone and a payment terminal to talk to each other when they are close together. eNaira having an NFC-enabled payments reader that can accept contactless payments in a few seconds makes it unique and secure.

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Speaking at an eNaira sensitisation workshop at the University of Abuja on Thursday, the CBN team leader, Joseph Angaye, who is also the deputy director, risk management department, said the apex bank’s payment infrastructure ranks among the top five globally, adding that it invests handsomely in service upgrade.

According to him, the eNaira has evolved and has received positive feedback from users and stakeholders. “There are many benefits of the eNaira app. The world is going digital and the CBN cannot afford to lag behind. So, when there’s a new technology, we embrace it. We were like the second nation to launch the eNaira app. The app has many uses and advantages. It can be programmed.”

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