First bank becomes first financial institution to achieve 100m Monthly transactions


  First bank becomes first financial institution to achieve 100m in Monthly transactions.Interswitch Transnational Africa’s leading integrated payment and transaction processing company has officially recognized First Bank Nigeria Ltd, as the first financial institution in the country to achieve a transaction volume of 100 million transactions in a month. The record transaction volume, which was achieved in the month of December 2015, represents the total transactions processed by First Bank’s Front End Processor running on the Interswitch transaction switching platform which seamlessly links all financial institutions in Nigeria to facilitate better and quicker transactions across all platforms.

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