UBA leads e-Banking Innovation with Mobile POS (mPOS)

 United Bank for Africa (UBA) Plc has again proven its leadership position in e-Banking with the introduction of mobile Point of Sale (mPOS) terminals. UBA has gone live with this initiative in partnership with mPOS partners across Africa.


A mobile POS terminal is about the size of Blackberry Curve phone, but works just like the traditional POS currently used in many stores and cash collecting business outlets. mPOS terminals are portable, low cost and extremely secure.

Many stores and cash collecting outlets that have already operated the new UBA mPOS have discovered it to be a good strategy to increase sales and expand their customer base. Existing large retailers are also adopting Mobile POS solutions and integrating them into their current point-of-sale environment to enhance the retail and payment experience.

mPOS allows even the smallest business to be able to easily track and analyze sales and trends in their business as all sales are automatically and instantly captured on the retailer’s system thereby improving accountability and transparency in business transactions.
It is also suitable for firms and companies that have agents on the field collecting cash on their behalf as an option to the less secure pay on delivery system.

According to Kennedy Uzoka, UBA’s DMD & CEO Africa, “mPOS is just one of our many e-banking innovations. We have driven other initiatives such as the acceptance of international cards on our POS terminals. Our POS terminals are also enabled for Dynamic Currency Conversion (DCC), which means customers and non-customers using foreign payment cards on our POS can see their transaction value in the currency of their card or home country; this aids transaction tracking and personal account reconciliation.”

It will be recalled that UBA late last year introduced bill payments such as airtime top up, utility bills payment and Cable TV subscription on its POS terminals in select locations.

With a customer base in excess of seven million, UBA has invested heavily in building a robust and secure e-Banking platform that supports its operations globally through strategic partnerships with various local and international organizations.

The UBA Group is a highly diversified financial services provider, with business offices in New York, Paris and a subsidiary in London. A leading player on the African continent, UBA has significant market share and operations in 19 different African countries.


Share on Google Plus

About Blogger@UBA

15 comments:

  1. Thanks for sharing. You explained all things very simply and in detailed form. This service has over 10 years of writing experience and a setting in essay, course work and review writings, also the representatives try to manage strategic partnerships and serves as a subject matter expert on the essay writing search process. I'm a fan of your work; your blog posts always have great and useful content.Visit: Best essay writing service

    ReplyDelete
  2. what are the requirement to be an agent of your bank? please i need your reply as soon as possible.

    ReplyDelete
  3. 2018 WWE Money in the Bank matches, card, date, start time, location, predictions, rumors........

    Money In The Bank 2018 Live

    ReplyDelete
  4. I think that it will be useful for students to read this before going abroad. Here you can read more about fraternities and sororities

    ReplyDelete
  5. Can I use my card for online purchase on AppStore?

    ReplyDelete
  6. Looks like banks were waiting for an opportunity of this sort to come by. The good part is that even state run banks in developing economies, with their cobwebbed style of functioning are enticed to pull this rabbit out of their hats. What are we talking about? It's Mobile banking!소액결제현금화

    ReplyDelete
  7. Hello! Are you in need of quality essays while studying? Than worry no more and have a look at this writing service. They are the professionas and are always ready to help.

    ReplyDelete
  8. It is somewhat fantastic, and yet check out the advice at this treat.
    spy phone appIt is somewhat fantastic, and yet check out the advice at this treat.
    spy phone app

    ReplyDelete
  9. BE SMART AND BECOME RICH IN LESS THAN 3 DAYS (adrianohackers01@gmail.com)… It all depends on how fast you can be to get the new PROGRAMMED blank ATM card that is capable of hacking into any ATM machine,anywhere in the world. I got to know about this BLANK ATM CARD when I was searching for job online about a month ago..It has really changed my life for good and now I can say I'm rich and I can never be poor again. The least money I get in a day with it is about $50,000.(fifty thousand USD) Every now and then I keeping pumping money into my account. Though is illegal,there is no risk of being caught ,because it has been programmed in such a way that it is not traceable,it also has a technique that makes it impossible for the CCTVs to detect you..For details on how to get yours today, email the hackers on : (adrianohackers01@gmail.com). Tell your loved once too, and start to live large. That's the simple testimony of how my life changed for good…Love you all …the email address again is email (adrianohackers01@mail.com)…  

    ReplyDelete
  10. Each scenario could have been avoided had I used a cell phone holder--specifically one of the waterproof varieties. phone holder

    ReplyDelete
  11. PLEASE READ!!!
    Hello Guys!! I'm Olivia I live in Ohio,USA. My husband and I are here to testify about how we used Adriano BLANK ATM CARD to make money and also have our own business today. Get your blank ATM card today and be among the lucky ones. The blank ATM card is capable of hacking into any ATM machine,anywhere in the world.It has really changed our life for good and now we can say we have enough money for our family and business. The card can withdraw maximum of $5,000 daily. We got it from him last week and now we have withdrawn about $120,000 for free,though it's illegal but it helps alot and no one ever gets caught or traced. Adriano sent the card through DHL and we got it in two days. We are happy and grateful to Adriano because he changed our story all of a sudden. It also has a technique that makes it
    impossible for the CCTV to detect you. The card works in all countries that is the good news Adriano,s email address is adrianohackers01@gmail.com

    ReplyDelete
  12. PLEASE READ!!!Hello Guys!!! I am Ruth. I live in Ohio, USA. I'm 34 Years old, am so happy I got my blank ATM card from Adriano. My blank ATM card can withdraw $3,500 daily. I got it from Him last week and now I have withdrawn about $10,000 for free. The blank ATM withdraws money from any ATM machines and there is no name on it because it is blank just your PIN will be on it, it is not traceable and now I have money for business, shopping and enough money for me and my family to live on.I am really glad and happy i met Adriano because I met Five persons before him and they could not help me. But I am happy now Adriano sent the card through DHL and I got it in two days. Get your own card from him right now, he is giving it out for a small fee to help people even if it is illegal but it helps a lot and no one ever gets caught or traced. I’m happy and grateful to Adriano because he changed my story all of a sudden. The card works in all countries that is the good news Adriano's email address is adrianohackers01@gmail.com

    ReplyDelete
  13. PLEASE READ!!!Hello Guys!!! I am Ruth. I live in Ohio, USA. I'm 34 Years old, am so happy I got my blank ATM card from Adriano. My blank ATM card can withdraw $3,500 daily. I got it from Him last week and now I have withdrawn about $10,000 for free. The blank ATM withdraws money from any ATM machines and there is no name on it because it is blank just your PIN will be on it, it is not traceable and now I have money for business, shopping and enough money for me and my family to live on.I am really glad and happy i met Adriano because I met Five persons before him and they could not help me. But I am happy now Adriano sent the card through DHL and I got it in two days. Get your own card from him right now, he is giving it out for a small fee to help people even if it is illegal but it helps a lot and no one ever gets caught or traced. I’m happy and grateful to Adriano because he changed my story all of a sudden. The card works in all countries that is the good news Adriano's email address is adrianohackers01@gmail.com

    ReplyDelete
  14. PLEASE READ!!!
    Hello Guys!! I'm Olivia I live in Ohio,USA. My husband and I are here to testify about how we used Adriano BLANK ATM CARD to make money and also have our own business today. Get your blank ATM card today and be among the lucky ones. The blank ATM card is capable of hacking into any ATM machine,anywhere in the world.It has really changed our life for good and now we can say we have enough money for our family and business. The card can withdraw maximum of $5,000 daily. We got it from him last week and now we have withdrawn about $120,000 for free,though it's illegal but it helps alot and no one ever gets caught or traced. Adriano sent the card through DHL and we got it in two days. We are happy and grateful to Adriano because he changed our story all of a sudden. It also has a technique that makes it
    impossible for the CCTV to detect you. The card works in all countries that is the good news Adriano,s email address is adrianohackers01@gmail.com

    ReplyDelete