UBA unveils advanced Mobile Banking platform

Pan-African financial services group United Bank for Africa (UBA) Plc has unveiled the new U-Mobile, a more advanced and user-friendly mobile banking platform than the previous one.

“The new U-Mobile is an entirely new platform. It is not just an upgrade of the old but a new application with enhanced features that easily sync with a range of mobile devices such as iPhone, iPad, Android devices, or BlackBerry. The aim is to offer quick and easy banking at your fingertips, no matter where you are or the time of the day” said Yinka Adedeji, Divisional Head, Digital Banking.

One of the key features of this new platform is the market place, which allows small businesses to own a virtual store. Cardless transactions will also be introduced to ensure that U-Mobile customers can withdraw money from UBA ATMs even without their payment cards.

Some of the other new features of the improved UBA U-Mobile include; capacity to validate beneficiaries of cash transfers before a transfer is made, ability to create favourite beneficiaries’ list to ensure that details of frequent beneficiaries are automatically listed, and easier   log-in and sign-up screens to improve user experience.

Another significant addition in the new U-Mobile is increased number of billers that can be paid directly from U-Mobile to include schools, universities, colleges, organisations.

The new U-Mobile is also enabled to allow customers hotlist cards, set transaction limits, request or stop cheques, and print mini-statements through a Bluetooth printer.

“A lot of effort has been put into developing the new U-Mobile. It is very user-friendly and will transform your banking habits in ways you never imagined possible” Mr. Adedeji explained.

The new U-Mobile which is already available for download on App stores compliments U-Direct, UBA’s advanced internet banking platform which also has the self-enrolment capability. Both applications run on the bank’s recently upgraded banking platform “Finacle 10x” launched in April 2015 to address the need of customers for efficient, secure and a fast banking platform.

With a customer base in excess of eight million, UBA has invested heavily in building robust and secure digital banking platforms.

A highly diversified financial services provider, the bank is a leading player on the African continent, with significant market share and operations in 19 different African countries and business offices in New York, Paris and London.