New Dawn Beckons...As Africa's Global bank UBA Unveils Upgraded POS Terminal revamps app to accelerate Digital payment

 Africa's global bank, United Bank for Africa (UBA) has unveiled its upgraded Point of Sale (POS) terminal and revamped MONI app to accelerate digital payments and empower businesses across Africa. This move is part of the bank's initiative to promote digitalization, innovation, and financial inclusion.

*Key Features of the Upgraded POS Terminal

- Instant Settlement: Enables merchants to receive payments instantly, improving their cash flow and financial management.

- Real-time Monitoring: Allows for real-time tracking of transactions, enhancing transparency and reducing the risk of errors or disputes.

- Pay-by-Link Functionality: Provides customers with a convenient and secure way to make payments online or in-person.

- 100% Transaction Success Rate: Ensures that transactions are processed efficiently and reliably, minimizing losses due to failed transactions.

*New Features of the Revamped MONI App:

- Instant Settlement: Enables agents to receive payments instantly, improving their cash flow and financial management.

- Pay-by-Transfer Options: Allows customers to make payments using various transfer methods, enhancing convenience and flexibility.

- Secret Question Security: Enhances the security of transactions by adding an extra layer of authentication.

- Enhanced Inbox: Provides a user-friendly interface for customers to manage their messages and notifications.

- Redesigned Homepage: Offers an intuitive and user-friendly interface, making it easier for customers to navigate and access various features.

*Significance of the New Revamp:



The upgraded POS terminal and revamped MONI app are designed to 

- Empower Businesses: By providing efficient, secure, and reliable payment solutions, UBA aims to empower businesses of all sizes to grow and thrive.

- Promote Financial Inclusion: The revamped app and POS terminal are designed to reach underserved communities, promoting financial inclusion and access to digital payment solutions.

- Enhance Customer Experience: The new features and functionalities are designed to provide customers with a seamless and convenient payment experience, improving their overall satisfaction and loyalty.

By introducing these innovative solutions, UBA is positioning itself as a leader in digital payments in Africa, aligning with its vision of being "Africa's Global Bank" 

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