Unveiling Afrigo: UBA's Revolutionary Card Transforming Local Payments

In order to improve accessibility, security, and efficiency in Nigeria's financial ecosystem, United Bank for Africa (UBA) Plc unveiled the Afrigo Card, a cutting-edge domestic payment system.

The Afrigo Card, created in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS) and the Central Bank of Nigeria (CBN), offers a dependable substitute for foreign payment methods and makes naira-denominated transactions easy.

The CBN's initiatives to expand digital payments and promote financial inclusion are in line with the Afrigo Card, which places a high priority on security, affordability, and accessibility.

Impressive features of the Afrigo Card include chip-and-PIN security, easy payments at ATMs and point-of-sale terminals around the country, round-the-clock access to funds, and benefits that are lucrative to cardholders.

Because it offers low-income earners, craftsmen, students, and market traders a flexible, economical, and effective way to manage their funds, it was created to serve a wide range of demographics.

Shamsideen Fashola, UBA's Group Head of Retail and Digital Banking, highlighted the card's features and versatility in a statement provided to THISDAY. He also insisted that the bank is continuing to show its leadership in promoting financial innovation, accessibility, and inclusion for all Nigerians with the launch of Afrigo.

"With Afrigo, we are providing a card that directly addresses the needs of Nigerians, ranging from low-income earners and small company owners to market women and students.

"The card is a crucial tool in promoting cashless transactions throughout Nigeria because of its affordability, advanced security, and potential for offline transactions and biometric authentication," he said.

Impressive features of the Afrigo Card include chip-and-PIN security, easy payments at ATMs and point-of-sale terminals around the country, round-the-clock access to funds, and benefits that are lucrative to cardholders.

Designed to serve a variety of populations, it offers low-income earners, artists, students, and market vendors a flexible, cost-effective, and effective way to manage their money. The Afrigo Debit Card was available to customers at any UBA bank for N1,000 plus N75 VAT.

Joachim Iloemezue, Head of Cards at UBA, emphasized the bank's dedication to provide its clients with cutting-edge financial products.