Banking Briefs
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THE United Bank for Africa, UBA, Plc is partnering Konga, one of Nigeria’s leading e-commerce Company and Innovectives Nigeria Limited to create a seamless delivery and payment system by integrating mobile point of sale, PoS, solution into Konga’s delivery system. The Mobile PoS, which is powered by UBA Plc and MasterCard will make it easier for Konga customers to pay for their orders thereby enhancing payment acceptance and making reconciliation easy for Konga customers and sales agents.
The mobile POS payments are 100 percent secure and accept local and international card types. The new Mobile PoS will accept MasterCard, Visa and Verve cards from all banks and enable Konga delivery agents to easily capture sales. Customers can also confirm payments on the spot thus improving accountability in e-commerce transactions.
Yinka Adedeji, divisional head, Digital Banking, UBA, said, “We have partnered with Konga to get this innovative payment solution because it offers convenience to Nigerians who are increasingly shopping online. Mobile POS offers a significant improvement in transparency in the way customers pay for their goods. Konga delivery people will be able to accept payments from a phone-like POS terminal and UBA is powering this with its advanced digital payments technology.”
Konga has adopted convenient, cutting edge and secure payment solutions to reduce cash handling and enhance the shopping experience for its customers. “With a customer base in excess of 10 million, UBA has invested heavily in building a robust and secure digital banking platform that supports its digital banking operations globally through strategic partnerships with various local and international organisations,” the statement added.
— Jun 6, 2016 @ 01:00 GMT
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