UBA Unveils Self-Printing Debit Card Machine

• UBA Unveils Self-Printing Debit Card Machine

There is no gainsaying that technology has opened up opportunities and serves as a source of competitive advantages across all business functions.

To leverage on the advantages of technology, the Pan African Deposit financial institution, United Bank for Africa (UBA) has launched a self-printing debit card machine to improve service delivery to its customers and the business community.

The Chief Executive Officer, UBA Africa, Victor Osadolor, unveiled the initiative at the opening ceremony of the 2019 Lagos International Trade Fair.

Osadolor who acknowledged that any business that would survive in the 21st century must invest in technology to remain competitive said the bank would continue to invest in cutting edge technology.

The self-printing debit card machine is targeted at encouraging increased use of debit cards which also offers more options to pay.

The CEO said the new self-printing debit card machine would pave way for seamless business transactions with more value to customers and businesses.

He commended the Federal Government’s efforts at improving the nation’s investment climate, which, according to him, was the reason Nigeria was currently ranked 15th place upwards in the global ease of doing business index.

Osadolor pledges the bank’s support towards initiatives aimed at boosting trade in the country.

On delivery of its brand promise, he said, “We are creating superior value for all our customers because we believe they are key to our everyday operations.”

Speaking further, he said the bank’s small and medium scale enterprise banking unit had been actively supporting small businesses with industry-specific loans that ensure maximum impact.

“We are consistently supporting our SMEs. We have a huge amount of funds allocated to SMEs. UBA is committed to supporting entrepreneurship. We are the major promoter of the Fair.”

He noted that the bank also keyed into government intervention funds to expand access to credit facilities at competitive interest rates while providing services such as advisory and technological infrastructure that helped to reduce the cost of doing business.

“Most of our customers have enjoyed free advisory services that have helped them navigate the very difficult business terrain. We also have businesses, latching on to our technological assets to improve their services as well as foster growth,” he said.