United Bank for Africa (UBA) has introduced Near Field Communication (NFC)-enabled POS terminals in Nigeria’s financial ecosystem in partnership with Unified Payment Systems Limited.
The NFC-enabled POS terminals are being promoted as PayAttitude, a faster and seamless, contactless payment solution that the bank said never fails.
According to the bank, the new payment solution makes it possible for a customer to make payments for goods and services with an adhesive payment tag attachable to mobile phones or flat surfaces. It said the process is is as easy as tapping the phone against a PoS terminal.
UBA’s Divisional Head for e-Banking, Yinka Adedeji, said: “the tag can be obtained from designated UBA business offices. We have the PayAttitude Debit and PayAttitude Prepaid depending on a customer’s preference. The introduction of this technology only reinforces our commitment to the creation of innovative payment solutions.”
“A major benefit of the new payment solution is that all payments are always 100 per cent successful with or without network connectivity, thereby eliminating the issue of “declined” payments on POS terminals. It thus guarantees subscribers the confidence and comfort of always being able to pay for goods and services at merchant locations at all times notwithstanding network challenges.”
He added that PayAttitude syncs perfectly with the bank’s upgraded banking platform delivering superior banking experience to UBA customers across Africa as well as with advanced security and compliance framework which will result in significant improvement in productivity and improved response to security and regulatory issues.
“As a highly diversified financial services provider and leading provider of innovative e-banking solutions across Africa, UBA is one of the largest financial institutions in Africa, with offices in New York, London and Paris. The UBA Group has strong retail penetration across the African continent with more than 8 million customers. These customers enjoy a bouquet of products and services tailored to meet their different financial needs backed by cutting edge technology that offers secured and convenient real-time online banking services,” he said.
