Finance
ProvidusUnity Bank Enables Mastercard Payments on Google Pay in Nigeria
ProvidusUnity Bank has launched Google Pay assist for eligible Mastercard holders to allow clients to make contactless and on-line funds utilizing suitable cellular gadgets.
The financial institution disclosed this on Wednesday, October 28, 2026, stating that the event builds on its funding in cost tokenisation expertise to enhance transaction safety and comfort.
The integration permits eligible clients so as to add their Mastercard playing cards to Google Pay and make funds at supported contactless terminals and collaborating on-line retailers, topic to system and service provider compatibility.
ProvidusUnity Bank started its tokenisation journey in 2021 via a partnership with Mastercard and Thales to introduce Mastercard Digital Enablement Service (MDES) capabilities in Nigeria.
In 2022, the financial institution expanded its digital cost infrastructure via a Tap-to-Pay initiative involving Mastercard, Interswitch and Thales.
Tokenisation replaces delicate card info with distinctive digital identifiers, serving to cut back the publicity of consumers’ cost particulars throughout transactions.
Speaking on the event, Deoye Ojuroye, Executive Director and Chief Financial Officer of ProvidusUnity Bank, mentioned the initiative displays the financial institution’s dedication to strengthening digital cost infrastructure.
“Our investment in tokenisation reflects a long-term view of digital finance, prioritising secure transactions, operational resilience and capabilities that can scale as payment behaviours change,” Ojuroye mentioned.
Similarly, Elliott Sangoleye, Divisional Head of Digital Bank, mentioned the combination would supply clients with better comfort throughout supported on-line and contactless transactions.
“Customers increasingly expect payments to fit naturally into their digital lives. Enabling eligible Mastercard holders to use Google Pay adds convenience across supported online and contactless transactions, while tokenisation helps reduce exposure of sensitive card details,” Sangoleye mentioned.
Lanre Ogundare, Group Head of Card Business and Solutions, defined that the financial institution’s early funding in tokenisation positioned it to assist rising digital cost applied sciences.
“Our tokenisation journey began in 2021, when we recognised that digital wallets, mobile payments and payment-enabled devices would become increasingly important. We invested early in the infrastructure and partnerships required to support this evolution,” Ogundare mentioned.
He famous that the combination kinds a part of efforts to attach cost capabilities throughout the banking ecosystem whereas enhancing buyer expertise.
The financial institution added that its service provider cost gateway helps tokenisation, whereas its contactless-enabled point-of-sale terminals can course of funds from eligible bodily playing cards, suitable cellular wallets and payment-enabled wearable gadgets.
-
Politics3 days agoDelta residents scoop gasoline from fallen tanker alongside Sapele-Warri Road
-
News3 days ago‘N69.15 million fraud’: Witness insists Blessing CEO offered property she didn’t personal
-
News3 days agoFG unveils nationwide financial doctrine, insists no U-turn on reforms
-
News2 days agoINEC strikes to guard polling employees towards risk







