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FAAN Kicks Off Cashless Payment At Abuja Airport

LEADERSHIP News by LEADERSHIP News
1 year ago
in Business
FAAN
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The Federal Airport Authority of Nigeria (FAAN) has commenced the implementation of cashless policy, introducing a single wallet for all payments at the Nnamdi Azikiwe International Airport (NAIA) in Abuja.

Managing director of FAAN, Mrs Olubunmi Kuku, while speaking at the unveiling of the contactless payment system, said the new initiative will block revenue leakages across airports in Nigeria.

According to her, “This is more than a new payment system, it is a fundamental upgrade to the passenger experience and a powerful reaffirmation of our commitment to transparency and excellence.

“Following its successful launch in the dynamic city of Lagos, I am proud to officially announce the full deployment of ‘Operation Go Cashless’ here in Abuja, the Centre of Excellence. This is a comprehensive, cashless, and contactless payment solution for all our airports.

“Effective September 29th, 2025, we have started phasing out physical cash at all FAAN revenue points, including access gates, car parks, and VIP lounges.”

Kuku further explained that, “our airports are the gateways to our nation, they are the first impression at many of our revenue points; the access gates, the car parks, and the lounges has been defined by an outdated model: cash.

“This reliance on physical currency creates a chain of challenges. It causes delays, introduces operational inefficiencies and vulnerabilities in our revenue collection.”

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Kuku, who was represented by the director, commercial and business development, Ms. Adebola Agunbiade, reaffirmed that the initiative will ensure efficiency and convenience.

She said: “With a simple tap of your new FAAN Contactless Card, you can make instant payments. This technology is not only fast and convenient but also promotes enhanced hygiene.

“The card features a unified wallet, meaning a single balance can be used across multiple registered cards, perfect for easy management for families or corporate users. It is available to all users, including our valued international travellers, and once registered, it has nationwide validity across all FAAN-managed airports.”

“Your security is our priority. You will receive real-time SMS notifications for every transaction and can monitor your balance and history via a secure online dashboard. Should your card be lost or stolen, you can instantly block it through this same dashboard. ensuring your funds are always protected,” Kuku added.

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