UBA Launches Mastercard To Customers

Pan-African banking group, the United Bank for Africa (UBA) Plc has introduced a new product, the UBA MasterCard to its customers, which will allow customers to carry out financial transactions through the Automated Teller Machines (ATMs), Point of Sales (PoS) and on the Internet, anywhere in the world, in a seamless manner even as they benefit from the bank’s range of cost saving e-banking products and services.

MasterCard is the second largest financial network in the world and is accepted in 210 countries, over one million ATMs and 32 million merchant locations.

Head Cards, UBA Plc, Adedeji Olowe said Mastercard will be servicing all UBA branches across nineteen African countries.

“UBA is offering customers world-class products to roam their Money in Naira and 3 other currencies, dollar, pounds and euro. UBA represents the biggest potential for MasterCard in Nigeria today and across Africa,” he said.

He stated that UBA has concluded plans to provide full bouquet of payment cards across debit, prepaid and corporate cards. These Cards, he said, will also come in premium levels such as Gold, Platinum and World.

Established in 1949, UBA is on the top 5 banks in Nigeria with subsidiaries in 20 sub-Saharan countries, representative offices in France, the United Kingdom and the United States of America. It offers universal banking services to more than 7 million customers across 750 branches.