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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