UBA Launches Afrigo Card To Revolutionise Domestic Payments

Africa’s Global Bank, United Bank for Africa (UBA) Plc has launched the Afrigo Card, a revolutionary domestic card scheme aimed at transforming the Nigerian payments landscape.

The Afrigo Card, introduced by the Central Bank of Nigeria (CBN) in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS),  offers a robust alternative to international card schemes, empowering customers with seamless, naira-denominated transactions tailored to the local market.

The bank stated that it has been designed to offer a secure, affordable, and accessible alternative for everyday transactions in line with the apex bank’s ongoing efforts to drive financial inclusion and enhance the digital economy.

UBA’s group head of Retail and Digital Banking, Shamsideen Fashola, pointed out the card’s versatility and other features of the card and maintained that with the launch of Afrigo, the bank continues to demonstrate its leadership in fostering financial innovation, inclusion, and accessibility for all Nigerians.

“With Afrigo, we are offering a card that speaks directly to the needs of Nigerians – from market women and students to small business owners and low-income earners. The card’s affordability, coupled with its advanced security and potential for biometric authentication and offline transactions, positions it as a vital tool in promoting cashless transactions across Nigeria,” he stated.

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UBA’s head of Cards, Joachim Iloemezue, emphasised the bank’s commitment to delivering innovative financial products to its customers.

“The Afrigo Card is a game-changer for Nigerians. It not only provides a reliable and affordable alternative for everyday transactions but also ensures our customers enjoy enhanced security, convenience, and nationwide accessibility. UBA remains committed to driving financial inclusion, and Afrigo perfectly aligns with that goal,” Iloemezue said.