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Nairaland Forum / Nairaland / General / Politics / UBA Contactless Cards Set Off A Revolution In Card Payments In Nigeria (759 Views)
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UBA Contactless Cards Set Off A Revolution In Card Payments In Nigeria by Mztarstrechy(m): 9:26am On Nov 17, 2015 |
The leading financial services institution in digital banking offerings in Nigeria, and across Africa, United Bank for Africa (UBA) Plc is changing the payments landscape in Nigeria with the introduction of contactless payment cards. The contactless payment cards offer UBA customers an easier and more convenient hassle-free way to pay for goods and services. It is the latest innovation from the digital banking division of pan-African financial services UBA, which has built its competitive edge around offering the very latest in convenient banking options to its customers. UBA contactless cardholders will experience the next level of convenient payment services; a touch and pay contactless payment card; the most innovative and convenient way for customers to pay for goods and services. Contactless payments are fast, easy and secure. It is a payment card with the added advantage of NFC technology. “With our contactless cards, you can make payments for everyday essentials and other things that money can buy the contactless way” says Dr. Yinka Adedeji, Divisional Head, Digital Banking. The new UBA contactless payment cards works with Near Field Communication (NFC) enabled POSand ATM terminals by simply touching the card against the reader without slotting it into the terminal.Customers can also use the cards to pay on regular POS terminals. “UBA contactless payment cards can be used across all the channels where you use your regular card – ATM, POS and Web” explains Dr. Adedeji. He also explains that all UBA contactless cards use the Combined Data Authentication EMV Chip “which is currently the highest standard for chip technology used in payment cards to ensure that UBA contactless cards are absolutely safe.” “Ideally, for low value transactions, contactless payment card holders are not required to input their PIN but the Central Bank of Nigeria (CBN) currently mandates that all transactions on the POS require PIN entry,” says Mr. Adedeji. “So, for now, customers will still be required to input their PIN even for low value transactions. However, contactless payment cards still offer a superior level of convenience compared to the traditional payment cards” he explained. The cards are currently being issued at all UBA business offices across the country and can be obtained instantly. UBA is one of the largest and most innovative card issuers on the African continent. The bank has won several awards and recognitions for offering innovative and convenient payment options to its customers.
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Re: UBA Contactless Cards Set Off A Revolution In Card Payments In Nigeria by PRYCE(m): 9:46am On Nov 17, 2015 |
Even if na contact lens, UBA na scam! |
Re: UBA Contactless Cards Set Off A Revolution In Card Payments In Nigeria by dned: 5:17am On Nov 19, 2015 |
What is happening with UBA Africard? |
Re: UBA Contactless Cards Set Off A Revolution In Card Payments In Nigeria by seunlayi(m): 6:09am On Nov 19, 2015 |
Waiting to get one 1 Like |
Re: UBA Contactless Cards Set Off A Revolution In Card Payments In Nigeria by dustmalik: 6:32am On Nov 19, 2015 |
Our POS terminals and ATMs don't support contactless technology (NFC), so what's the point? |
Re: UBA Contactless Cards Set Off A Revolution In Card Payments In Nigeria by 175(m): 6:46am On Nov 19, 2015 |
UBA na my bank! ![]() |
Re: UBA Contactless Cards Set Off A Revolution In Card Payments In Nigeria by ojoyentalk: 6:47am On Nov 19, 2015 |
Always ahead |
Re: UBA Contactless Cards Set Off A Revolution In Card Payments In Nigeria by lmm4real: 6:49am On Nov 19, 2015 |
Mztarstrechy: UBA the last bank on my mind |
Re: UBA Contactless Cards Set Off A Revolution In Card Payments In Nigeria by ChrisChino(m): 6:51am On Nov 19, 2015 |
yahoo boys don see contactless magas... |
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