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UBA eyes small business market with massive pos terminal launch
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UBA eyes small business market with massive pos terminal launch
United Bank for Africa (UBA) has launched 46,000 smart PoS terminals across Nigeria, a major play to reclaim market share from dominant fintechs like Moniepoint, OPay, and PalmPay. The terminals, branded under UBA’s new RedPay identity, mark the bank’s bold return to a high-stakes payments battlefield it once led. In the early 2010s, traditional banks like UBA dominated Nigeria’s point-of-sale (PoS) ecosystem. But that changed dramatically as fi…
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