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United Bank for Africa (UBA) has introduced the AfriGo Card, a domestic card scheme designed to enhance naira-denominated transactions and strengthen financial inclusion in Nigeria.
Launched in collaboration with the Central Bank of Nigeria (CBN) and the Nigeria Inter-Bank Settlement System (NIBSS), AfriGo serves as an alternative to international card schemes, providing customers with a secure, cost-effective, and locally tailored payment solution.
Enhancing Financial Accessibility and Innovation
UBA’s Group Head of Retail and Digital Banking, Shamsideen Fashola, emphasized the bank’s commitment to driving financial innovation and accessibility with the introduction of AfriGo. He highlighted that the card is designed to cater to a broad spectrum of Nigerians, including students, small business owners, artisans, and market traders.
“With AfriGo, we are providing an affordable and secure payment option that supports everyday transactions for all Nigerians,” Fashola stated. “Its advanced security features, potential for biometric authentication, and offline transaction capability make it an essential tool in promoting a cashless economy.”
Key Features and Benefits of AfriGo
AfriGo offers a range of features that prioritize convenience and security for users. These include:
- Chip-and-PIN security for enhanced fraud protection
- Seamless ATM and POS payments across Nigeria
- 24/7 access to funds for improved financial flexibility
- Affordable issuance cost, making digital payments more accessible
- Reward programs to enhance customer benefits
According to UBA’s Head of Cards, Joachim Iloemezue, the introduction of AfriGo aligns with the bank’s strategy to drive digital financial services and expand financial access to underserved communities.
“The AfriGo Card is a game-changer, offering Nigerians a reliable and secure alternative for their everyday transactions,” Iloemezue said. “This initiative reflects our commitment to financial inclusion and empowering customers with innovative solutions that meet their needs.”
Customers can obtain the AfriGo Debit Card at any UBA branch for a fee of ₦1,000 plus ₦75 VAT.
UBA’s Commitment to Financial Empowerment
As one of Africa’s leading financial institutions, UBA continues to prioritize inclusive banking solutions. With a workforce of 25,000 employees and a customer base of over 45 million globally, the bank remains dedicated to providing cutting-edge financial products that support economic growth and digital transformation across the continent.
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