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A statement from the bank said that the new FCMB MasterCard Prefunded Picture Card with enhanced security features like chip and PIN, passport photograph and global transaction alert service comes in two variants of Classic and Gold card categories.
It said: "It is globally accepted by over one-million Automated Teller Machines (ATMs), six-million Point of Sales (POS) terminals and 24million internet sites for online purchases in over 210 countries."
According to FCMB's Exe-cutive Director, Nabeel Malik "Choosing the FCMB MasterCard Prefunded Picture card gives customers the power to control their card spends while carrying their fondest moments (which comes in the form of pictures on the card) with them wherever they go."
He explained that the combination of a chip, passport photograph and global transaction alert service offer the highest level of security in card transactions by EMV standard. The card also serves as a means of identification with the passport photograph.
FCMB's head of Card Business, Richard Esin listed the benefits of the Picture Card to customers to include ability to fund the card account with US dollars from customer's Naira account at prevailing official exchange rate, the convenience of carrying card instead of cash when traveling abroad and access to customer's funds 24/7 basis. It also provides greater control over card spends.
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