FirstMonie vs EmbassyCard

Experience a smarter way to bank and manage your money with FirstMonie, FirstBank's next-generation digital financial account. Built for convenience, security, and financial inclusion, FirstMonie gives you access to everyday banking services directly from your mobile device. Why Choose FirstMonie? Open Your Account in Minutes Open your FirstMonie account using your mobile number Complete digital onboarding with real-time identity verification Upgrade to higher account tiers through self-service options Access multilingual support in English, French, and Simplified Chinese Secure and Reliable Access Secure login with PIN, biometrics, and device authentication Enhanced protection through OTP verification Self-service account recovery and reactivation Advanced transaction monitoring and fraud prevention controls Add Money Conveniently Fund your FirstMonie account through multiple channels: Bank transfers Debit card funding Linked bank accounts USSD payments QR payments Cash deposits through approved channels Quick account number sharing and copy functionality Send and Receive Money Instantly Transfer funds instantly to banks and supported accounts Receive money directly into your FirstMonie account Get real-time transaction notifications Enjoy secure transaction authorization and confirmation Buy Airtime and Data Purchase airtime for yourself or others Buy data bundles across supported mobile networks Repeat transactions quickly using saved beneficiaries and transaction history Pay Bills Easily Electricity Cable TV subscriptions Internet services Education payments Utility services Grow Your Finances with Built-in Savings Capabilities Create and manage savings plans Save towards personal financial goals Monitor balances and savings progress in real time Access savings services directly within the app Track Your Finances View account balances in real time Access complete transaction history Download account statements Monitor spending and account activity Receive instant transaction confirmations and updates Manage Your Account from a Single Dashboard Update personal information Manage security preferences Change language settings Access Terms and Conditions and Privacy Policy Locate nearby FirstMonie Agents and FirstBank Branches Perform self-service account management anytime Additional Features Include: Beneficiary management Recurring payments Electricity token retrieval Downloadable receipts and payment confirmations Download FirstMonie today!

What is EmbassyCard? EmbassyCard is a digital cash solution built on a mobile app and a contactless stored-value Prepaid Card that makes going cashless simple and easy! EmbassyCard is available for banked and unbanked and brings bank services to the unbanked. We aim to make contactless payments available to everyone. Have access to your Cash 24/7 and track your expenditure on your card anytime, anywhere. Send Money to friends and family in minutes. You can lock your card using your PIN without using the network unlike EMV cards. No need to queue endlessly in at the ATM. and handle bank notes with EmbassyCard. EmbassyCard gives you that start you need to pay contactless - so you can pay quickly, securely, easily, and safely. Why get an EmbassyCard Account? Our app is free and our simple to use prepaid solution has made contactless payments easy, safe, and secure. We have three card designs – LITE, Green, and Gold – with different digital cash capabilities when used with our app. Users with a Personal customer account are cardholders and use our app to turn their smartphone as an ATM, load money on the prepaid card as digital cash and spend at out various merchant locations, access bank services, additionally Cardholders can use their card as a form of ID. Users with a Merchant customer account use our app to turn their smartphone into a PoS (Point-of-Sale) terminal to take payment from EmbassyCard Cardholders. We are championing contactless & digital cash for Africa, starting in Nigeria, with our EmbassyCard App and our prepaid contactless card coupled with our card processing capability. For Cardholders, our app transforms your smartphone into an ATM to: • Take or make payment • Transfer money to friends and family • Load money as stored value on the card to spend • Pay bills • Shop Online with EmbassyCard • Transfer digital cash from card to bank or from bank to card • Check your cash balance and spending history on the go. • Lock/Unlock your Card to secure your digital cash until you need it For Merchants, our app also transforms your smartphone into a PoS terminal to: • Always be ready to do business with EmbassyCard Cardholders • Take Payment • Settle Commerce Settlement to your Bank Account anytime • Merchant invites Sub-Agents to collect payment on their behalf • Showcase your location so EmbassyCard Cardholders can find your shop The EmbassyCard App is currently only supported by NFC enabled iPhones. About Us Our technology allows us to take payment offline and online with the least overhead unlike EMV cards. We are on a mission to make contactless payments available to everyone. Our simple to use Prepaid EmbassyCard will make cashless payments offline, safe, and secure. EmbassyCard is available for the banked and unbanked and brings bank services to the unbanked. We open a bank account for the unbanked customers through our Referral Service with our Partner Banks of the customers’ choice. Our cardholder customer does not need to carry cash to spend, transfer or to pay for goods and services. The customer only needs to register and onboard to KYC guidelines to become a Cardholder and to use our free EmbassyCard App as a personal customer or a merchant. Learn more: https://www.embassycard.com