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Thursday, 18 December 2014

UBA Ghana Introduces New Electronic Banking Products To Customers

United Bank for Africa (UBA) Ghana has presented to the public a first of a kind cardless ATM withdrawal service that allows a third party to withdraw cash on its ATM without a card.

The breakthrough innovation in the banking sector was part of three ATM Value Added Services which the bank outdoored to the public, on Tuesday at its Head Office in Accra.
Apart from the cardless ATM withdrawal, the value added services allow customers of the Bank to pay their bills (utility), DSTV subscription fees and also purchase mobile recharge credit on their phone or for third parties.

The Managing Director/CEO, United Bank for Africa, Ghana, Mr Oliver Alawuba revealed that the addition of the Value Added ATM services is a continuation of the bank’s trail blazing initiatives in the Ghanaian banking industry.

“These newly added services which are powered on the e-Transact platform is aimed at creating a branchless banking which we perceive as the future of banking in Ghana. We see branchless banking as a future of banking in Ghana which therefore means that we must empower customers by providing them several options to access financial services” He added.

Beyond today’s launch UBA has commenced operation of a branchless banking model at the Accra Mall christened the Accra Mall E- Village which is a purely cashless service outlet that provides numerous services such as bill payments and liquidation of funds transfer on cards. I urge all of you gathered here this morning to visit the E- Village and experience the service at the Mall.

Mr George Babafemi, Chief Operating Officer of E-tranzact Ghana lauded UBA for this innovation and advised the general public to fully take advantage of this new and beneficial service.

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