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Home Business & Finance Business

UBA unveils upgraded PoS terminal and MONI app to empower SMEs across Africa

Freelanews by Freelanews
April 15, 2025
in Business
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L-R: Head, PoS Services and Web Payments, United Bank for Arica(UBA), Gbolabo Cole; Group Head, Marketing and Corporate Communications, (UBA), Alero Ladipo ; Group Head, Retail and Digital Banking, Shamsideen Fashola and Head, Digital Banking, United Bank for Africa (UBA), Olukayode Olubiyi during the unveiling of UBA’s improved Point of Sale (PoS) Terminal and the UBA MONI App at the banks corporate head office, in Marina, yesterday

L-R: Head, PoS Services and Web Payments, United Bank for Arica(UBA), Gbolabo Cole; Group Head, Marketing and Corporate Communications, (UBA), Alero Ladipo ; Group Head, Retail and Digital Banking, Shamsideen Fashola and Head, Digital Banking, United Bank for Africa (UBA), Olukayode Olubiyi during the unveiling of UBA’s improved Point of Sale (PoS) Terminal and the UBA MONI App at the banks corporate head office, in Marina, yesterday

United Bank for Africa (UBA) launches upgraded PoS Terminal and MONI App to empower SMEs, drive financial inclusion, and enhance digital payments across Africa.

[dropcap]A[/dropcap]frica’s Global Bank, United Bank for Africa (UBA) Plc, has announced the launch of its upgraded Point of Sale (PoS) Terminal and UBA MONI App, strengthening its commitment to redefining digital banking across the continent.

This launch is part of UBA’s ongoing campaign titled Innovation for Progress: Empowering SMEs, Connecting Communities, Simplifying Banking.

Designed to meet the growing demand for fast, secure, and seamless payment solutions, the upgraded PoS terminal introduces cutting-edge features such as instant settlement, real-time transaction monitoring, 100% transaction success rate, and pay-by-link functionality.

With these enhancements, UBA is ensuring that businesses of all sizes can enjoy greater flexibility and reliability.

The MONI App, built to support UBA’s agency banking network, now includes instant settlement, pay-by-transfer, secret question security, enhanced inbox, and a refreshed homepage.

These features further boost its already robust offerings, such as BVN/NIN account opening, real-time transfers, airtime/data payments with agent discounts, and instant PoS deployment.

Shamsideen Fashola, UBA’s Group Head, Retail and Digital Banking, said:

“At UBA, we are constantly innovating to provide seamless and secure payment solutions for businesses of all sizes. The new UBA PoS and MONI App empower merchants with instant settlements, real-time tracking, and unmatched reliability—ensuring they can focus on growing their businesses with a trusted partner.”

He added that UBA’s technological investments are driven by a commitment to scale up digital infrastructure and provide tools that deliver trust and scalability to African businesses.

Alero Ladipo, Group Head, Marketing and Corporate Communication, also noted:

“We understand that speed, transparency, and reliability are critical for business growth, and that’s exactly what the new UBA PoS and MONI App deliver. At UBA, we are not just offering devices; we are delivering efficiency and support to help our customers thrive in a digital economy.”

She encouraged merchants, agents, and business owners to explore the upgraded offerings by visiting any UBA branch or www.ubagroup.com.

With over 25,000 employees and more than 45 million customers across twenty African countries, as well as operations in the UK, USA, France, and UAE, UBA continues to lead financial inclusion efforts through cutting-edge digital banking solutions.

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L-R: Head, PoS Services and Web Payments, United Bank for Arica(UBA), Gbolabo Cole; Group Head, Marketing and Corporate Communications, (UBA), Alero Ladipo ; Group Head, Retail and Digital Banking, Shamsideen Fashola and Head, Digital Banking, United Bank for Africa (UBA), Olukayode Olubiyi during the unveiling of UBA’s improved Point of Sale (PoS) Terminal and the UBA MONI App at the banks corporate head office, in Marina, yesterday

Source: Read more at tvcnews.tv

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