The launch underscores UBA’s dedication to constructing a future-ready {financial} panorama that meets the rising calls for of retailers, brokers, and clients throughout the continent.
The newly improved POS terminals are set to redefine how retailers conduct transactions. Designed for effectivity and transparency, the next-gen POS options instantaneous settlement, real-time transaction monitoring, pay-by-link performance, and a 100% transaction success charge—all key options geared toward boosting belief and reliability in enterprise operations.
With the flexibleness to assist companies of all sizes, UBA’s POS affords the velocity, comfort, and dependability that modern-day retailers demand.
Additional strengthening its company banking community, UBA additionally unveiled a significant improve to its UBA MONI App, providing brokers and clients an much more intuitive, safe, and environment friendly platform.
The brand new model of the app comes with enhanced options resembling:
On the spot settlement
Pay-by-transfer choices
Secret query safety layer
Improved inbox messaging
Redesigned consumer interface
These are along with core functionalities like instantaneous account opening utilizing BVN/NIN, real-time funds switch, money deposits and withdrawals, airtime/knowledge funds with agent reductions, and instantaneous POS deployment.
Talking through the unveiling, Shamsideen Fashola, UBA’s Group Head, Retail and Digital Banking, emphasised the {bank}’s customer-first philosophy and innovation-driven strategy.
“At UBA, we’re continuously innovating to offer seamless and safe cost options for companies of all sizes. The brand new UBA PoS and MONI App is designed to empower retailers and company banking with instantaneous settlements, real-time transaction monitoring, and unmatched reliability – guaranteeing they will concentrate on rising their companies with a trusted associate,” he mentioned.
Fashola added that the upgraded instruments usually are not nearly expertise however about enabling {economic} transformation and empowering communities.
“This next-generation PoS is not only a cost system; it’s a robust device that helps companies keep aggressive in a fast-paced economic system. With UBA’s in depth attain and strong infrastructure, we’re bringing comfort and confidence to each transaction. The MONI App improve equips our brokers—particularly these in underserved areas—with sooner instruments, larger transparency, and an enhanced expertise to serve tens of millions higher.”
With this twin launch, UBA reinforces its place as a number one pressure in Africa’s digital banking evolution. By simplifying banking processes, enhancing consumer expertise, and fostering inclusive {economic} progress, the {bank} continues to chart a path for innovation, progress, and prosperity on the continent.
