UBA Launches AfriGo Card to Boost Financial Inclusion in Nigeria
United Bank for Africa (UBA)
United Bank for Africa (UBA) Plc has unveiled the AfriGo Card, a domestic card scheme aimed at providing Nigerians with a secure, affordable, and efficient alternative for everyday transactions.
What is the AfriGo Card?
The AfriGo Card is a naira-denominated payment card introduced by the Central Bank of Nigeria (CBN) in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS). It serves as an alternative to international card schemes, allowing Nigerians to carry out transactions seamlessly within the country.
Benefits of the AfriGo Card
UBA’s Group Head of Retail and Digital Banking, Shamsideen Fashola, emphasized that the AfriGo Card is designed to meet the needs of all Nigerians, including market traders, students, artisans, and small business owners.
Key Features:
Affordability: Available at just ₦1,000 plus ₦75 VAT
Security: Features chip-and-PIN technology for safer transactions
Convenience: Can be used at ATMs, POS terminals, and online platforms nationwide
24/7 Access: Ensures continuous availability of funds
Supports Financial Inclusion: Helps low-income earners and underserved groups participate in digital transactions
UBA’s Head of Cards, Joachim Iloemezue, described the AfriGo Card as a game-changer for Nigeria’s financial sector. According to him, it provides an affordable, secure, and reliable option for Nigerians, reinforcing the bank’s commitment to financial inclusion and cashless transactions.
With AfriGo, we are offering a card that speaks directly to the needs of Nigerians—affordable, secure, and accessible for everyone, from market traders to students.” — Shamsideen Fashola, UBA Group Head of Retail and Digital Banking
How to Get the AfriGo Card
Customers can obtain the AfriGo Debit Card at any UBA branch nationwide for a one-time fee of ₦1,000 plus ₦75 VAT.
Conclusion
The launch of the AfriGo Card aligns with CBN’s goal of promoting digital payments and reducing dependence on foreign card schemes. With its affordability, advanced security, and widespread accessibility, the card is set to empower millions of Nigerians, making digital transactions easier and more inclusive.
Visit any UBA branch today to get your AfriGo Card and enjoy seamless transactions across Nigeria!
