As part of activities to mark its 75th anniversary, Africa’s Global Bank, United Bank for Africa Plc, has teamed up with Mastercard to introduce a special commemorative debit card with exclusive benefits and discounts.
The card offers customers exciting deals and discounts across multiple platforms, enhancing their banking experience in a memorable way.
The commemorative card, which was unveiled at the bank’s corporate head office in Marina, Lagos State on Wednesday, is a custom-built card created with the intention of appreciating customers and other users for their loyalty throughout the seven and half decades of impactful journey.
UBA’s Group Managing Director/Chief Executive Officer, Oliver Alawuba, who spoke at the unveiling, emphasised that the card comes loaded with irresistible benefits aimed at impressing customers, including 25 percent off purchases on Jumia and $75 cashback on transactions made through AliExpress.
This, according to him, symbolises the shared vision between UBA and Mastercard towards empowering Africans by enhancing customer experience through secure and convenient transactions.
Alawuba said: “This new card represents the deepening of our relationship and our shared mission to empower millions of Nigerians and Africans, providing them with access to secure transactions and new opportunities across the continent.”
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The GMD also disclosed the bank’s plans to unveil similar products across all its subsidiaries, adding, “We are proud of this collaboration, and we are confident that Mastercard’s role in Africa will only grow stronger in the coming years.”
The President, Africa, Mastercard, Mark Elliot, who expressed gratitude to the management of the bank on the partnership, emphasised the importance and potential of the partnership with UBA.
Elliot said: “We are thrilled to be partnering with UBA, which we know is one of the best banks in Africa.
“For us, it is a privilege to work with a partner that shares our commitment towards digitising the continent and enhancing customer experience through secure and convenient transactions.”
Elliot, who noted the immense opportunities in the African payment ecosystem, said the organisation looks forward to exploring them with UBA.
“Africa is currently one of the most attractive payment markets worldwide, and it’s clear that by 2030, the continent will likely become the fastest-growing equity market,” he said.
“Meeting the UBA management is always inspiring, as we always come up with bold and strategic ideas, and today is no exception. We are excited to match our shared ambitions,” he stated.
United Bank for Africa Plc is a leading Pan-African financial institution, offering banking services to more than 35 million customers, across 1,000 business offices and customer touch points in 20 African countries.
With presence in New York, London, Paris and Dubai, UBA is connecting people and businesses across Africa through retail, commercial and corporate banking, innovative cross-border payments and remittances, trade finance and ancillary banking services.
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