The United Bank for Africa (UBA), a Nigerian multinational financial institution, has rolled out its new mobile banking application, called U-Mobile.
The latest platform, which is designed to be ‘more advanced and user-friendly’ than the previous platform ‘U-Direct’, will be compatible with multiple devices including tablets and iPhone, Android and BlackBerry phones.
U-Mobile also allows SMEs to operate a virtual store and receive payments.
UBA divisional head for digital banking Yinka Adedej said that the aim of the new app is "to offer quick and easy banking at your fingertips, no matter where you are or the time of day."
Additionally, the Pan-African banking group is also planning to unveil cardless transactions to allow customers to withdraw money from ATMs without their cards.
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By GlobalData