Cash, Free Airtime and Nokia Phones on Offer in UBA Verve Card promo

Few joys are comparable to making a call with free air time on a free phone you just won, and spending free cash. This rare joy is what United Bank for Africa (UBA) Plc and Verve Card are offering customers who go cashless between now and November 30, 2014.

What makes this offer even more exciting is that, it is coming in the season of high spending when parents and guardians take children on vacation and come back to contend with paying school fees. The offer from UBA and Verve Card is therefore set to cool the frayed nerves on rising post-vacation expenditure.

Between now and November 30, 2014, UBA customers who use their Verve Card to pay for transactions stand the chance of winning both free airtime on their phones, free Nokia Phones and cool cash in their pockets to spend as they deem fit.

 In the new promotion offer from UBA and Verve Card, cardholders who initiate a minimum of five POS or VAS (value added service) transactions on the ATM worth N1, 000 or more will stand a chance to win N1, 000 airtime.

Cardholders who do transactions worth N2, 000 or more on these channels stand a chance to win N3, 000 airtime plus mobile phones.

Value added Services (VAS) on an ATM is when UBA customers use the ATM to pay for transactions like phone bills, cable TV bills or transfer funds from their UBA bank account to another.

Also a minimum of 40 customers, who on a monthly basis, initiate a minimum of five POS transactions or Web transactions valued at a minimum of N10, 000 or more would win N5, 000 top up on their e-Cash account.

There is even more; a grand reward of a monthly cashback of N35, 000 for 10 Cardholders who initiate transactions at any Verve Reward Merchant location valued at a minimum of N2, 000 or more.

The promotion is already creating excitement among UBA customers as many of them are using or reactivating their Verve Cards to stand a chance of winning the prizes on offer.  This is line with the aim of the promotion, which is to encourage and reward UBA Verve cardholders who initiate cashless transactions during this pre-summer or back to school season.

Speaking on the promotion, Mr. Charles Ifedi, CEO Verve International, expressed his delight in partnering with UBA to reward new and existing Verve cardholders.

“As Nigeria’s leading payment card brand we are always looking for ways to improve our offer and encourage card pick-up and usage so that everyone can benefit from a cashless society” he said. 

He also promised that UBA Verve cardholders will benefit from exciting gifts by activating and using their cards across all channels.

“Cardholders can use their Verve cards to make payments securely in-store at POS terminals, online and on mobile, and at ATMs across the country. The reward scheme is primarily to encourage the use of the Verve Debit Card for local or domestic web and POS payments and also VAS (value added service) transactions on the ATM” he explained. 

Dr. Yinka Adedeji, Divisional Head, e-Bank assured UBA assured customers that using UBA Verve Cards is safe and secure.

 “UBA Verve Debit Card is protected with best in its class technology for online and offline security. It is fortified with the One Time Password (OTP) advanced security feature for online transactions” he said.

Dr. Adedeji explained that “UBA Verve cardholders can also access a selection of offers and experiences ranging from cash back to instant discounts, vouchers among others through the Verve reward scheme powered by Verve International and supported by various reward partners”

Verve is a home grown African payment card used by millions of Nigerians daily for payment for goods and services.

UBA, with more than seven million retail customers, is a major issuer of payment cards in the country. The bank issues Verve Card, MasterCard, Visa cards. UBA also pioneered the issue of Prepaid Cards in the country, which can be used without a bank account.

Cards are a key part of the UBA e-banking strategy hence the bank’s strategic partnerships with credible local and international retailers to ensure that all customers enjoy the advantages and convenience offered by the use of payment cards. 

UBA’s innovation in the e-banking space recently earned it the distinction of being named “Best Transaction Bank from Africa” by UK based “The Banker Magazine and is also nominated for the Card Innovation Bank of the Year in the Nigerian Telecom Awards


The UBA Group is a highly diversified financial services provider, one of the largest financial institutions in Africa, with business offices in New York and Paris and a subsidiary in London. The bank controls significant market share in 19 different African countries.
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