UBA launches new structure for agency and merchant banking
UBA has unveiled a new Aggregator Sales Structure for its RedPay POS and Agency Banking Network to boost partnerships and financial inclusion across Nigeria. The structure was introduced at the inaugural UBA Aggregator Engagement Session in Lagos. Emmanuel Lamptey, UBA’s Executive Director Designate, Digital Banking, emphasized the importance of collaboration to expand financial access. The initiative aims to empower agents and aggregators with advanced tools and support.
TLDR
- The new structure offers instant settlement, reliable transaction processing, and real-time dashboard reporting for agents and aggregators.
- Shamsideen Fashola, UBA’s Head of Digital Banking, said the framework is scalable, transparent, and designed to empower partners.
- Aggregators can onboard and manage agents, access incentives, and use a dedicated portal for real-time performance tracking.
- Adetunji Iyiola, UBA’s Head of Agency Banking, highlighted the customer-focused approach and improved collaboration with merchants and agents.
- The initiative strengthens UBA’s position in delivering innovative digital financial solutions and promoting economic empowerment.
