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UBA unveils new advanced mobile banking platform

By The Citizen
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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.

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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.