Orabank-Togo innovates with contactless payment

Finance
Monday, 11 May 2020 15:48
Orabank-Togo innovates with contactless payment

(Togo First) - In Togo, Orabank has just added contactless payment to its offers. 

Indeed, the bank’s customers can now proceed to payment, capped at XOF15,000 (about €23), with their bank card at any of the lender’s credit card terminals (EFTPOS). It is possible to deactivate the option if requested. 

While Orabank-Togo did not say the move was motivated by a desire to slow the spread of the Coronavirus, it is one of the flagship measures recommended by the French government to fight the pandemic.  

France has in effect increased the capped amount for contactless payments to €50, from €30, as it begins today, May 11, the lifting of its strict lockdown. French authorities explained the lifting saying it should “reinforce food security in retail trade,” and “ensure that activity in this sector restarts rapidly,” according to Lemonde.fr

Séna Akoda

togofirst mobile

 
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