Unity Bank Plc has partnered with domestic card scheme provider AfriGo to boost card usage among its retail customers and promote electronic payment adoption and financial inclusion in Nigeria. This collaboration aims to enhance the bank’s digital payment capabilities and expand its reach in underserved markets.
Commitment to AfriGo Card
During a high-level strategic engagement between Unity Bank and AfriGo’s executive management teams, Unity Bank’s Managing Director and Chief Executive Officer, Ebenezer Kolawole, reaffirmed the bank’s commitment to making the AfriGo Card a primary delivery channel. Kolawole emphasized the significance of promoting the AfriGo Card both internally and externally, highlighting its potential to redefine Nigeria’s card payment landscape. He pledged Unity Bank’s continued support for the widespread adoption of AfriGo cards across its network.
Driving Market Acceptability
Kolawole urged AfriGo to intensify awareness campaigns to drive greater market acceptability of the AfriGo Card. This effort aims to increase the card’s usage and acceptance among merchants and customers, ultimately contributing to a more inclusive and efficient payment ecosystem.
Innovative Technologies
AfriGo’s Managing Director, Ebehijie Momoh, commended Unity Bank for its instrumental support, noting that the bank ranks among the top five adopters of the AfriGo card. Momoh highlighted AfriGo’s ongoing technological innovations, including features supporting instant payments and offline capabilities. These innovations ensure broader access to e-payment systems, particularly in underserved markets. Partnerships with solutions like Tap & Go have also helped boost contactless payment adoption, improving convenience for cardholders.
Potential for Deeper Collaboration
Momoh expressed optimism about the potential of Unity Bank’s extensive retail network to drive deeper collaboration aimed at enhancing e-banking penetration nationwide. This partnership has the potential to increase electronic payment adoption, financial inclusion, and access to digital financial services, ultimately contributing to the growth and development of Nigeria’s economy.
