Across Borders

Jan 09, 2007 (LBO) – Nigeria’s EcoBank has adopted a software product developed by Sri Lanka’s Interblocks Ltd to issue credit cards, officials said Tuesday.

Interblocks ‘iCard system’ a multi card issuing and acquiring management and processing solution is now being used to issue local MasterCards in local ‘Naira’ currency.

“EcoBank is one of the first banks to issue MasterCard Credit Cards and the Naira Credit Card in Nigeria,” said Faiq Faaiz, Director – Business Development for Interblocks Ltd.

EcoBank Nigeria; considered by many investors as the gateway to the West and Central African financial markets, with 57 branches and offices in 12 countries across West Africa. The bank offers a complete range of commercial and investment banking products and services.

“This project has provided Interblocks’ Card & Transaction Management Systems with new opportunities within the EcoBank Group and the dynamic banking industry of Nigeria,” he said.

Interblocks a œservice delivery solution provider for the global banking, financial services and telecom markets operates through offices in Singapore, Malaysia, India and developmen