UBA Launches Cashless December, Rewards Customers for Using Electronic Channels

United Bank for Africa (UBA) Plc has announced incentives to encourage the bank’s customers to use electronic channels for their transactions in December. Tagged UBA Cashless December, the initiative is aimed at encouraging non-cash transactions, in line with the CBN’s cashlite agenda.

From December 1 to December 31 2014, UBA customers who do transactions on U-Mobile, U-Direct or pay with their Cards on the web and POS stand a chance to win great prizes.

In addition, Cardholders who use the bank’s ATM value-added services such  as bill payment, airtime top up and funds transfer are eligible.

Prizes to be won include iPhone 6, airtime for phones, movie tickets, and shopping vouchers. These incentives are for new and existing UBA Customers.

“Going cashless during this festive period is not only convenient, but it also enhances your personal safety and protects your hard earned money” explained Dr. Yinka Adedeji, the Bank’s Divisional Head of e-Banking. Dr. Adedeji explained that “going cashless means customers abstaining from all forms of cash transactions and embracing e-Banking.”

UBA’s highly secure mobile banking platform, U-Mobile, enables customers carry out about 90 per cent of all their regular banking transactions on their phones. U-Mobile customers can do funds transfer from their UBA accounts to any bank in Nigeria. Customers can also pay different bills, including air time top-up, cable subscription and transfer funds to loved ones for the festive season.

U-Direct is UBA’s internet banking platform that enables customers  do most of their transactions from a desk top computer, laptop or tablet from any location and at anytime. Foreign exchange transfer has been introduced on this platform making it easy to send money across the world without visiting the bank.

UBA’s POS Terminals are deployed to thousands of Merchants across Africa and only recently, bill payment on UBA POS was launched in select outlets.

It must be noted that the Bank’s ATM terminals are available across the continent, from large cities to smaller towns, in a bid to making banking services available in even remote locations.

UBA, one of the largest issuers of payment cards in Africa, offers cards for every segment of the market including MasterCard and Visa which are acceptable by millions of merchants in over more 210 countries.

The Bank also has the Prepaid Card for Banked and Unbanked Customers and the personalized All About U Card, which allows Customers put their pictures on their Debit Card; UBA Verve Card is widely accepted for domestic transactions.

 UBA is urging its customers to take advantage of all these offerings to carry out cashless transactions during the festive season. To ensure security for Customers during the festive season, the Bank has put in place world-class security systems for round the clock transaction monitoring.