The United Bank for Africa Plc has launched the Afrigo Card, a domestic card scheme in Nigeria.
According to a statement on Wednesday, the Afrigo Card, introduced by the Central Bank of Nigeria in collaboration with the Nigeria Inter-Bank Settlement System, is an alternative to international card schemes, empowering customers with seamless, naira-denominated transactions tailored to the local market.
The AfriGo Card has been designed to offer a secure, affordable, and accessible alternative for everyday transactions in line with the apex bank’s ongoing efforts to drive financial inclusion and enhance the digital economy.
UBA’s Group Head of Retail and Digital Banking, Shamsideen Fashola, highlighted the card’s versatility and other features and maintained that with the launch of Afrigo, the bank continues to demonstrate its leadership in fostering financial innovation, inclusion, and accessibility for all Nigerians.
“With Afrigo, we are offering a card that speaks directly to the needs of Nigerians – from market women and students to small business owners and low-income earners. The card’s affordability, coupled with its advanced security and potential for biometric authentication and offline transactions, positions it as a vital tool in promoting cashless transactions across Nigeria,” he stated.
The Afrigo Card boasts impressive features, including chip-and-PIN security, seamless payments at ATMs and POS terminals nationwide, 24/7 access to funds, and rewarding benefits for cardholders. Designed to cater to diverse demographics, it supports low-income earners, artisans, students, and market traders by providing a flexible, affordable, and efficient means of managing finances.
UBA’s Head of Cards, Joachim Iloemezue, emphasised the bank’s commitment to delivering innovative financial products to its customers.
“The Afrigo Card is a game-changer for Nigerians. It not only provides a reliable and affordable alternative for everyday transactions but also ensures our customers enjoy enhanced security, convenience, and nationwide accessibility. UBA remains committed to driving financial inclusion, and Afrigo perfectly aligns with that goal,” Iloemezue said.
Customers can obtain the Afrigo Debit Card for N1,000 plus N75 VAT at any UBA branch.
The card has been designed to cater to diverse demographics, as it supports low-income earners, artisans, students, and market traders by providing a flexible, affordable, and efficient means of managing finances.
United Bank for Africa is one of the largest employers in the financial sector on the African continent, with 25,000 employees group-wide and serving over 45 million customers globally.
