The United Bank for Africa (UBA) Plc has teamed up with Mastercard to introduce a special commemorative Debit Card, as part of activities to mark the bank’s 75th anniversary.
The card offers UBA customers deals and attractive discounts across multiple platforms, enhancing their banking experience memorably.
The commemorative card was unveiled at the bank’s corporate head office in the Marina area of Lagos State on Tuesday, November 12, 2024.
UBA said the custom-built card was created with the intention of appreciating customers and other users for their loyalty throughout the seven and half decades of the bank’s journey.
Speaking at the unveiling, the UBA Group Managing Director/Chief Executive Officer, Oliver Alawuba, said the card has irresistible benefits aimed at impressing customers, including 25 per cent 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.
“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,” Alawuba said.
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The UBA 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 UBA management on the partnership, emphasised the importance and potential of the partnership with the bank.
“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 said.
Elliot who noted the opportunities in the African payment ecosystem, said the organisation looks forward to exploring them with UBA.
He added: “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.
“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.”
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