Business
UBA Partners Firm On e-Payment Solution
The United Bank for Africa
Plc (UBA) last week revealed a new partnership with Netplus Advisory Limited to deploy secured e-payment solution for U-Mail, a new e-commerce platform that has been launched in Lagos.
U-mail is a revolutionary e-commerce platform designed to help small and medium scale enterprises (SMEs) set up online stores to extend their reach and ultimately drive growth of their businesses.
The new u-mail allows several small business owners in different sectors of the economy open online stores hosted on a single e-commerce platform to display and sell their goods online to potential shoppers on the internet.
The Head, e-Banking, UBA, Mr Yinka Adedeji said UBA would be supporting U-mail with integrated payment solution to enable ease and security of payments for selected items.
Mr Adedeji said part of the key benefit of the U-mail was the removal of entry barriers for SMEs looking for a wider market for their goods through an online platform. “With U-mail such SMEs can now sell their goods easily through their U-mail space.
He hinted that U-mail also provides a secondary platform for SMEs to easily reach a higher number of potential customers while retaining their traditional trading trading platform.
According to him, the U-mail leverages the web and mobile banking to provide an e-commerce platform that provides convenient shopping options for buyers and an easy way of selling and receiving revenues for the sellers.
He noted that u-mail is an open self service platform that allows merchants to register their businesses by completing store registration and mobile money forms online.
According to Adedeji, the U-mail is not just a selling platform but also has the additional advantage of offering brand promotion for the sellers through its combined marketing strategy which promotes the platform as a whole and individual categories and stores.
On his part, the Marketing Director, Netplus Advisory and Technical Partners, Mr Wole Faroun, said “U-mail is set to revolutionise e-commerce and it is an honour to have UBA, a bank that has led many innovations in electronic banking as our payment partner.”