InterSwitch Leading ePayment Services Company

Interswitch
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InterSwitch is a provider of secure electronic payment solutions in Nigeria. All Nigerian banks are connected to InterSwitch, making InterSwitch the most accessible e-payment network in Nigeria. If you have a Debit/ATM card in Nigeria, it is more likely to be from InterSwitch.

InterSwitch recently launched a Chip and PIN card branded as InterSwitch Verve, which offers improved security and reduces fraud. InterSwitch Verve cards are more difficult to duplicate and alter.

InterSwitch at present boasts of over 7,300 ATM machines deployed nationwide making cash withdrawals and other ATM services convenient and easily accessible to Nigerians. Other services available from these InterSwitch ATM machines include fund transfer from one account to another in similar or different banks. The seamless interconnection of the InterSwitch platform with all banks makes this possible.

InterSwitch Cardholders can also buy mobile phone recharge cards from these ATM machines as well as check bank account balance. InterSwitch’s ATM supports other major electronic payment networks like Visa and MasterCard.

InterSwitch has also deployed over 11,000 Point of Sale (POS) terminals in Nigeria for secure payments using debit cards. InterSwitch also supports secure online payments empowering cardholder to make purchases on the internet. Merchants like Mweb, Virgin Nigeria and some universities currently support payment via InterSwitch Debit card.

InterSwitch Locators

Other services offered by InterSwitch include e-payment/transaction training and consultancy services.

Getting InterSwitch Verve ATM/Debit card is simple; simply ask for one from your bank. When opening your account some banks provide option to enable you indicate whether you need one of these cards on the application form. Select the ATM/Debit card option; do not forget to also select other options like SMS banking and internet banking, as they can be very useful and convenient.

Once you get your InterSwitch Verve ATM/Debit card change your Pin from the default value. Do not forget to memorise your InterSwitch Pin and destroy any written record of the Pin in order to secure all your transactions on the InterSwitch network.

Do not reveal your InterSwitch PIN to anybody, not even to a bank official. Occasionally, you will receive emails or SMS requesting you to enter your InterSwitch PIN in a website ignore such emails and SMS, they are fraudulent.

For more information about InterSwitch, visit the InterSwitch website at www.interswitchng.com

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Paschal Okafor is NaijaTechGuide Team Lead. The article InterSwitch Leading ePayment Services Company was written by Paschal Okafor. The article was last modified: December 13th, 2021
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