DigitalPR With Celestine Achi: Visa, UBA Target Millennials ‎With SmartMoney Solution‎

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Visa, UBA Target Millennials ‎With SmartMoney Solution‎

Friday, January 15, 2016


Visa, a‎ global electronic payments company, in partnership with United Bank of Africa Plc (UBA), announced on Thursday, the launch of “SmartMoney”.

SmartMoney is a 21st century banking solution comprising a prepaid card and a mobile app for the African market. 
The partnership brings together Visa’s trusted payments technology and SmartMoney’s mobile app experience to establish a millennial centric product platform for consumers who want to be in control of their money.
Speaking about the launch, Kennedy Uzoka, ‎DMD & CEO UBA Africa, said: “Modern, young Africans are constantly seeking and devising new ways to be banked. It is with this realisation that the SmartMoney prepaid card was first developed and introduced into the market in partnership with Visa. ‎The SmartMoney prepaid card allows young people to enjoy all the features of a bank account and the minimal costs associated with the prepaid card are a massive plus. “
“Now that the SmartMoney app has been conceptualized and launched, the SmartMoney card has evolved to support greater utility. Once you download the app and link it to your card, you enter into a whole new world of controlling your money,“ added Ade Ashaye, Country Manager for Visa in West Africa.
SmartMoney provides convenience to make purchases, perform online transactions and access to cash from ATMs.

The app users also have the ability to check card balances; track and budget spend, or send and receive funds between SmartMoney cardholders.
The SmartMoney Visa Prepaid card can be obtained and reloaded at UBA business offices. All that is required is a valid means of identification and a photo.



The SmartMoney app can be downloaded from Google Play or Apple iOS Store, and gives you even further control of your money.
Visa and UBA have launched SmartMoney in Nigeria, Ghana and Kenya and will roll out to other African markets in 2016

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