L – R: Head, POS Services & Web Payments, United Bank for Africa (UBA), Gbolabo Cole; Head, Digital Banking, UBA Africa 2, Olukayode Olubiyi; Executive Director Designate, Digital Banking, UBA, Emmanuel Lamptey; Regional Manager, Lekki 1, UBA, Victoria Ejeckam; Head, Retail & Digital Banking, UBA, Shamsideen Fashola; Chairman, POS Agent Aggregators, Oba Israel Olorunshina; Technical Assistant, ED Digital Banking, UBA, Oghenemaro Umukoro during the inaugural UBA Aggregator Engagement Session themed, “POS-itive Impact: Connecting Agents, Merchants, and Customers”, held at UBA House, Marina, in Lagos on Tuesday
Abayomi Susan
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has introduced a new Aggregator Sales Structure for its RedPay POS and Agency Banking Network, reinforcing its commitment to deepening stakeholder relationships and accelerating financial inclusion across Nigeria.
The multi-benefit framework, which delivers a comprehensive value proposition to partners, was unveiled during the inaugural UBA Aggregator Engagement Session held on Tuesday at the Bank’s Head Office in Lagos.
The event, themed “POS-itive Impact: Connecting Agents, Merchants, and Customers,” provided a strategic platform for collaboration, aligning efforts to scale the UBAMONI Agency Banking ecosystem. It brought together key industry aggregators, Point-of-Sale (POS) partners, and network managers to strengthen operational synergy.
Speaking at the session, UBA’s Executive Director Designate, Digital Banking, Emmanuel Lamptey, underscored the importance of partnerships in advancing national financial inclusion goals.
“Today’s engagement represents a significant milestone in our shared journey to democratise financial access across Nigeria. By uniting our valued aggregators and partners, we are reinforcing an ecosystem that connects UBA directly to communities and ensures reliable financial services are accessible to all,” he said.
Delivering the keynote address, UBA’s Head of Digital Banking, Shamsideen Fashola, highlighted the strategic rationale behind the new structure. He described aggregators as central to the Bank’s vision of building Africa’s most impactful digital collections network.
“This scalable and transparent framework is designed to create mutual value. It equips our partners with the technology, incentives, and operational support required to boost agent productivity and effectively serve underserved communities,” Fashola noted.
The enhanced platform offers agents and aggregators instant settlement, dependable transaction processing, real-time dashboard reporting, and a comprehensive suite of services, including dispute resolution, terminal management, analytics, card withdrawals, bill payments, and pay-with-transfer capabilities.
For aggregators, the model provides structured onboarding and agent management within UBA’s network, access to competitive incentives and commissions, and a dedicated Aggregator Admin Portal for real-time monitoring of agent performance and transaction activities.
UBA’s Head of Agency Banking, Adetunji Iyiola, emphasised the customer-focused nature of the initiative, noting that it strengthens collaboration among UBA, merchants, and agents.
“This rollout is about delivering superior value to every stakeholder while enhancing service delivery to customers. It ensures our partners have the right tools and incentives to succeed, reinforcing our commitment to providing essential banking services exactly where they are needed most,” he stated.
With the launch of the new aggregator framework, UBA continues to consolidate its leadership in innovative digital financial solutions, bridging inclusion gaps and promoting economic empowerment across Africa.
United Bank for Africa is one of Africa’s largest financial services employers, with 25,000 employees and over 45 million customers worldwide. The Bank operates in 20 African countries, as well as the United Kingdom, the United States, France, and the United Arab Emirates, delivering retail, commercial, and institutional banking services driven by financial inclusion and advanced technology.
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L – R: Head, POS Services & Web Payments, United Bank for Africa (UBA), Gbolabo Cole; Head, Digital Banking, UBA Africa 2, Olukayode Olubiyi; Executive Director Designate, Digital Banking, UBA, Emmanuel Lamptey; Regional Manager, Lekki 1, UBA, Victoria Ejeckam; Head, Retail & Digital Banking, UBA, Shamsideen Fashola; Chairman, POS Agent Aggregators, Oba Israel Olorunshina; Technical Assistant, ED Digital Banking, UBA, Oghenemaro Umukoro during the inaugural UBA Aggregator Engagement Session themed, “POS-itive Impact: Connecting Agents, Merchants, and Customers”, held at UBA House, Marina, in Lagos on Tuesday
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L – R: Head, POS Services & Web Payments, United Bank for Africa (UBA), Gbolabo Cole; Head, Digital Banking, UBA Africa 2, Olukayode Olubiyi; Executive Director Designate, Digital Banking, UBA, Emmanuel Lamptey; Technical Assistant, ED Digital Banking, UBA, Oghenemaro Umukoro; Head, Retail & Digital Banking, UBA, Shamsideen Fashola; Head, Agency Banking, UBA, Iyiola Adetunji, at the inaugural UBA Aggregator Engagement Session themed, “POS-itive Impact: Connecting Agents, Merchants, and Customers”, held in Lagos at the UBA head office on Tuesday
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L – R: Regional Manager, VI 3, United Bank for Africa (UBA); Morenike Akinrinisi; Head, POS Services & Web Payments, UBA, Gbolabo Cole; Head, Digital Banking, UBA Africa 2, Olukayode Olubiyi; Executive Director Designate, Digital Banking, UBA, Emmanuel Lamptey; Regional Manager, Lekki 1, UBA, Victoria Ejeckam; Head, Retail & Digital Banking, UBA, Shamsideen Fashola; Chairman, POS Agent Aggregators, Oba Israel Olorunshina; Technical Assistant, ED Digital Banking, UBA, Oghenemaro Umukoro; Head, Agency Banking, UBA, Iyiola Adetunji during the inaugural UBA Aggregator Engagement Session themed, “POS-itive Impact: Connecting Agents, Merchants, and Customers”, held at UBA House, Marina in, Lagos on Tuesday
