Sterling Bank introduces virtual cards for easy payments -

Sterling Bank Plc has introduced virtual cards for existing and prospective OneBank customers free of charge to enable them to make easy and fast local or international payments on sites like Netflix and Apple as well as shop on sites like Amazon, among others.

Olayinka Oni, chief digital officer with Sterling Bank, who disclosed this in a statement issued by the bank recently, said the service is open to all registered and new customers of OneBank and available on the OneBank app.

He advised new customers to open an account by downloading the app on the iOS store or Andriod play store to create their virtual cards.

According to Oni, Sterling Bank launched OneBank in 2019 as a fully digital banking solution. He explained that the solution offers the customer the ability to register and bank instantly, adding that the solution also allows the customer to make payments, invest and borrow money.

He said that with OneBank, customers could carry out all banking services without entering a branch. He can self-onboard, enter his BVN, upload his documents, and start transacting without entering any Sterling bank branch.

Customers using OneBank can experience the ease of starting an investment plan, applying for a loan, and transferring forex, as well as enjoy a dynamic news feed, scroll through forex updates, and many other features, he added.

Sterling Bank Plc is a leading national commercial banking establishment in Nigeria. It commenced operations as NAL Bank in 1960. The bank has developed into a significant financial institution with total assets of N1.629 trillion at present, 141 business locations, and 700 ATMs nationwide.

It is engaged in commercial banking services with an emphasis on retail, commercial, and corporate banking, trade services, investment banking activities, and non-interest banking.

It also provides wholesale banking services, including granting loans and advances, letter of credit transactions, money market operations, electronic banking products, and other banking activities.

Hope Moses-Ashike

Hope Moses-Ashike is an Associate Editor, Banking and Finance, with more than a decade of experience reporting on Nigeria’s financial system and broader economy. She closely tracks market movements, monetary policy decisions, company disclosures, regulatory actions, economic indicators, and global developments, and interprets what they mean for businesses, investors, policymakers, and households. Her reporting helps readers understand complex issues such as inflation trends, foreign exchange market dynamics, interest rate decisions, bank performance, and investment risks. She also covers major international events and periodically travels to Washington, D.C., to report on the World Bank/IMF Spring and Annual Meetings. Her dedication to financial journalism has earned her multiple recognitions and invitations to high-level professional development programmes. She is an alumna of the International Visitors Leadership Programme (IVLP) in the United States and holds an Advanced Financial Journalism Certificate from the Press Association Training in London, UK. Her other notable achievements include completing the Lagos Business School CMC Programme, the Bloomberg Media Africa Initiative Programme, and a Master Class in Journalism at Rhodes University in South Africa.