United Bank for Africa (UBA) Plc has unveiled its vastly improved Point of Sale (P0S) terminal as well as the UBA MONI App to offer instant payment and real-time network monitoring.
These solutions aim to redefine the digital payment landscape and empower Small and Medium Scale Enterprises on the continent. “At UBA, we are constantly innovating to provide seamless and secure payment solutions for businesses of all sizes,” said Shamsideen Fashola, group head, retail and digital banking at UBA.
He stated that the new UBA PoS and MONI App will help merchants and agency banking with instant settlements and real-time transaction tracking.
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“With the upgraded MONI App, we are equally equipping our agents, many of whom serve smaller communities, with faster tools, greater transparency, and an enhanced user experience that will help them grow their businesses while serving millions of underserved customers,” Fashola said.
The newly improved PoS promises a 100 percent transaction success rate, with the bank saying it will serve businesses of all sizes.
Alero Ladipo, UBA’s group head, marketing and corporate communication, stated, “We understand that speed, transparency, and reliability are critical for business growth, and that’s exactly what the new UBA POS and Moni App delivers.
“At UBA, we are not just providing a payment device, we are offering a promise of efficiency, trust, and support to the thousands of businesses that rely on us daily. This solution is a testament to our dedication to helping our customers thrive in today’s digital economy.”
