ProvidusBank celebrated this year’s Earth Day by launching ProvidusEco, Nigeria’s first environmentally friendly debit card.

“ProvidusEco is a contactless card made with biodegradable materials and will initially be released under the Platinum MasterCard brand,” stated Mr. Walter Akpani, Managing Director and CEO of ProvidusBank.

The impact of human activity on the environment and the resulting effects on changing climate conditions is arguably the most significant issue facing humanity today, according to Mr. Akpani. As stakeholders, whether as corporations or simply as individuals who use the resources that nature has given us, it is our duty to act responsibly in an effort to save the environment.

In order to increase the appeal of its card offerings, particularly as they impact the environment in which they operate, ProvidusBank is launching Nigeria’s first eco-friendly card, according to the bank’s CEO. The bank continues to prioritize offerings that improve customer experience and the safety of business delivery on all fronts.

It is significant to remember that over 90% of plastic cards are composed of Poly Vinyl Chloride (PVC), one of the primary sources of dioxin emissions, which negatively affects both the environment and human health.

Additionally, Akpani informed attendees of ProvidusBank’s other environmental risk mitigation initiatives.

He stated, “It is important for me to point out that reducing the amount of paper we use to deliver our cards to our customers is one of the steps that we have taken to reduce our carbon footprint.” Previously, we would publish a welcome letter and our Welcome Package in lustrous, beautifully designed booklets. I’m pleased to inform you that this has been substantially scaled down to a QR code experience the size of a call card that provides all the information you would need on your smartphone.

“We have also started offering financial assistance to our clients who are interested in plastic recycling and renewable energy.”