SKYE Bank Introduces SkyeBank CashCard (Magic Card)

Skye Bank Nigeria Plc recently launched three new card products into the market on the platform of CashCard, powered by InterSwitch. The products are TeensCard, CampusCard and SkyeBank CashCard which is also called the Magic Card.All three cards can be funded electronically even via the Internet on www.mynigeriacashcard.com or mobile phone and made to serve as an electronic purse to enhance the convenience of the holder. The card transactions can be done at anytime of the day with money transferred to any part of the country where an ATM machine is available. Speaking about the products, head of eChannels, Mr. Chuma Ezirim, said the CampusCard, for instance, is the end result of a comprehensive research which showed that money transfer remained one of the biggest needs of students across the country.The card which will ease the pain of trying to receive money from various destinations will be given to students free; while maximum withdrawal at ATMs is N50, 000 per day, and N1, 000, 000 at point of sales terminal, POS per day.