Unity Bank, AfriGo Explore Collaboration to Deepen Access to Electronic Payments

L-R: Mr. Wale Ogunride, Zonal Head, Lagos and South West, Unity Bank Plc; Ebehijie Momoh, Managing Director, AfriGo; Mr. Ebenezer Kolawole, Managing Director/CEO, Unity Bank Plc; and Mr. Ugo Obasi, Chief Operating Officer, AfriGo during AfriGo team’s visit to Unity Bank Head office recently.

Unity Bank Plc has reaffirmed its commitment to advancing electronic payment adoption and financial inclusion by partnering with domestic card scheme provider, AfriGo, to boost card usage across its retail customer segments.

This pledge was made during a high-level strategic business engagement held at Unity Bank’s head office in Lagos on Friday, with AfriGo’s Executive Management team.

Speaking during the session, Unity Bank’s Managing Director/CEO, Mr. Ebenezer Kolawole, stated: “We are committed to making the AfriGo Card a primary delivery channel for Unity Bank. As a national domestic card scheme, it deserves to be promoted both internally and externally as a local solution with significant potential to redefine Nigeria’s card payment landscape.”

Mr. Kolawole also pledged the Bank’s continued support for the adoption of AfriGo cards across its network, while urging AfriGo to intensify awareness campaigns to drive greater market acceptability.

In his remarks, the Managing Director of AfriGo, Ebehijie Momoh, commended Unity Bank for the support it has given the scheme, stating that the Bank ranks among the top five adopters of the AfriGo card and highlighted its growing impact in expanding financial inclusion and improving access to electronic payments.

He noted that AfriGo has continued to innovate with technologies that support instant payments and offline capabilities, ensuring broader access to e-payment systems across underserved markets. He added that partnerships with solutions like Tap & Go have helped boost contactless payment adoption, improving convenience for cardholders who commute for work, business, or leisure.

Momoh expressed optimism about the potential of Unity Bank’s extensive retail network to drive deeper collaboration aimed at enhancing e-banking penetration nationwide.

This collaboration underscores Unity Bank’s enduring culture of digital innovation and its commitment to financial inclusion through homegrown technology. Over the years, the Bank has introduced several digital solutions that demonstrate this commitment.

Notably, Unity Bank pioneered USSD banking, *7799#, in local languages, an initiative aimed at deepening access among underserved rural and semi-urban populations.

It also launched Unifi, a youth-focused digital banking platform designed to meet the lifestyle and financial needs of the younger demographic. Most recently, the Bank unveiled GenFi, a gamified mobile banking solution tailored for children and teenagers to cultivate smart money habits from an early age.

 

 

 

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

OPay Plans IPO in US, Listing on NGX to Empower Nigerian Investors

The prospect of Nigerian investors owning a stake in...

Philanthropist Revives Critical Thinking with South-East Campus Debate Oct 17

Dr. Ikenna Okafor, a philanthropist and businessman says the...

BBNaija: ARP Report Examines a Decade of Fame, Controversy, Commercial Value

New Africa Reputation Pulse report examines a decade of...

Nigeria, Other African Nations Expand Local Defence Production to Save Foreign Currency

  Major arms imports to sub-Saharan Africa rose 13%...

Topics

“Technology Critical to Africa’s Future as Global Player”, Says Continent’s Insurance Sector

  Adoption and development of emerging technologies across Africa...

Anchor Insurance: N437m Profit, N7bn Premium, N14bn Total Assets

Mr. Augustine Ebose Managing Director/CEO Anchor Insurance Company Limited Anchor Insurance Company...

A.M. Best to Attend 43rd AIO Conference 2016

A.M. Best will attend the 43rd African Insurance Organisation...

PenCom: Pension Assets Now N13tr, Partners EFCC to Eradicate Fraud

5th from right: Mr. Boss Mustapha (Secretary to the...

Equity Trading on Nigerian Exchange Surges 115% as Reforms Draw Foreign, Domestic Investors

Transactions by domestic and foreign investors on Nigerian Exchange...

UN Report: Local Software Can Spur Development in Africa

Local software production and development can spur economic growth...
spot_img

Related Articles

Popular Categories

spot_imgspot_img