UBA wins big at the MasterCard Cashless Champions Awards

Pan-African Bank,
United Bank for Africa (UBA) Plc has emerged winner in three categories of the
maiden edition of the MasterCard Cashless Champion Awards. The initiative was
launched in October 2014 by global payments technology company, MasterCard, and
is aimed at encouraging the adoption of cashless, hassle-free way of life.



UBA won in three
out of six categories namely: Cashless Transactions Champion which represents
the highest increase between Q3 2014 and Q4 2014 in the number of POS
transactions, Cashless Volume Champion for having achieved the highest growth
in the value (Dollar or Naira) of POS transactions between Q3 2014 and Q4 2014,
and Cashless Cross-border Champion for the best improvement in international
acquired volumes by enabling all its merchant locations to accept international
EMV Chip and PIN payment cards.
UBA’s dominance in
an exercise which received entries from other Nigerian banks reflects its
strong play in e-banking, backed by consistent innovation that continues to
deliver superior, value-driven offerings to its millions of customers.
“This again affirms
our commitment to driving the adoption of a cashless culture and is
confirmation of our leadership in e-Banking in Africa” said Kennedy Uzoka, DMD,
UBA Plc and CEO, UBA Africa.


Speaking on the
bank’s expansive e-Banking reach, he said, “With thousands of POS and ATM
terminals strategically deployed across Africa, the next UBA service point is
always just around the corner”.
UBA is unarguably
one of the biggest issuers of payment cards in Africa.  The bank, in partnership with MasterCard, has
already commenced plans to roll out the UBA MasterCard in all the nineteen
countries where UBA is present by the end of second quarter of 2015.
In an era where
customer loyalty cannot be taken for granted, UBA and MasterCard continually
offer rewards and priceless experiences. Worthy of note are some of the 2014
promos such as UBA Priceless Holiday, which rewarded winners with a priceless
holiday experience in Dubai and the UBA Shopenomenal Promo in which UBA
MasterCard cardholders got rewarded with tons of shopping vouchers. 
Also in
December 2014, POS Merchants and cashiers with the highest MasterCard
transactions value were rewarded with cash prizes and gift items.
A range of
exclusive offers and experiences is available to UBA MasterCard cardholders at
The UBA Group is a
highly diversified financial services provider and one of the largest financial
institutions in Africa, with presence in New York, Paris and London.
UBA has a strong
retail penetration across the African continent where it controls significant
market share. Over seven million customers enjoy the bank’s robust bouquet of
products and services, tailored to meet their financial needs.




Please enter your comment!
Please enter your name here