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The United Bank for Africa (UBA) has introduced its first merchant-focused app in Africa with the aim of creating a SMART (secure, mobile, accessible, reliable, transparent) network of 100,000 micro merchants and driving financial inclusion.
The merchant app will include Masterpass QR, a mobile payment solution powered by MasterCard, and is immediately available for download to any feature or smart phone in the country.
The bank said in a statement that, micro, small and medium enterprises (MSMEs) contribute significantly to the economy but remain heavily dependent on cash to run their business; however, consumers are demanding safer and more convenient ways to pay.
The United Bank for Africa (UBA) has introduced its first merchant-focused app in Africa with the aim of creating a SMART (secure, mobile, accessible, reliable, transparent) network of 100,000 micro merchants and driving financial inclusion.
The merchant app will include Masterpass QR, a mobile payment solution powered by MasterCard, and is immediately available for download to any feature or smart phone in the country.
The bank said in a statement that, micro, small and medium enterprises (MSMEs) contribute significantly to the economy but remain heavily dependent on cash to run their business; however, consumers are demanding safer and more convenient ways to pay.
