United Bank for Africa Plc has introduced MasterCard Verve debit cards for the banking convenience of its customers.

The bank said on Friday that the introduction was in line with its commitment to offer best-in-class e-products and payment services.

According to the bank, the UBA MasterCard Verve is a naira-linked debit card that works well on all Automated Teller Machines, Point of Sale and Internet payment platforms even as it provides cardholders the benefit of spending up to $40,000 or equivalent of their local currencies per year anywhere in the world. The Divisional Head, e-Banking, UBA, Dr. Yinka Adedeji, said the bank had continued to innovate and improve on service delivery for the convenience to its customers. “With UBA MasterCard Verve customers do not need to change their local currency to any foreign currency on the streets any longer whenever they plan to travel either for business or whenever you travel outside Nigeria to any location in Africa, Europe, America, Asia or anywhere around the world. The MasterCard Verve allows you to spend up to $40,000 or equivalent per year,” he said.

According to him, UBA MasterCard Verve is linked to a naira account only and could be used for purchases on local and international websites such as Apple, Amazon, among others. He added that the card was accepted at over 30 million merchant locations worldwide while other value added services included bill payments and mobile recharge top-up.

Source: Punch