75th Anniversary: UBA, Mastercard Introduce Debit Card

United Bank for Africa (UBA) Plc has collaborated with Mastercard to launch a commemorative debit card to celebrate UBA’s 75th Anniversary.

According to the bank, this collaboration aims to honour UBA’s long-standing customer relationships and enhance their banking experience with various offers and discounts across multiple platforms.
UBA’s group managing director/chief executive officer, Oliver Alawuba, who spoke at the unveiling, highlighted that the card comes loaded with certain benefits aimed at rewarding customers, including a limited 25 per cent off purchases on Jumia and $75 cashback on transactions made through AliExpress.
He added that this initiative symbolises the shared vision between UBA and Mastercard towards empowering Africans by enhancing customer experience through secure and convenient transactions.

“This new card represents the deepening of our relationship and our shared mission to empower millions of Nigerians and Africans by providing them access to secure transactions and new opportunities across the continent,” Alawuba said.

The GMD also disclosed the bank’s plans to unveil similar products across all its subsidiaries. “We are proud of this collaboration, and we are confident that Mastercard’s role in Africa will only grow stronger in the coming years,” he added.

Division president for Africa, Mastercard, Mark Elliott, expressed his appreciation for the UBA collaboration, emphasising its significance in supporting Africa’s digital economy.
“We are excited to collaborate with UBA to celebrate this milestone and bring more value to African customers. This commemorative card is more than just a product; it reflects our commitment to advancing financial inclusion and supporting Africans in accessing secure, convenient and impactful financial solutions.”

Elliott highlighted the immense opportunities within the African payment ecosystem and shared that Mastercard is eager to explore new possibilities with UBA.

“Together with UBA, we are focused on delivering innovation that meets the evolving needs of the region, empowering individuals, and promoting digital growth across the continent,” he stated.
Launching the commemorative debit card represents a significant step in UBA and Mastercard’s shared journey towards financial empowerment and innovation across Africa.