1. Home
  2. Market Updates
  3. UBA brings chat banking to social media

UBA brings chat banking to social media

UBA brings chat banking to social media

United Bank for Africa (UBA) Plc has announced the introduction of “Leo”, a UBA Chat Banking personality that enables its customers make use of their social media accounts to carry out banking transactions.

At the official launch of the banking solution, which took place in Lagos recently, customers of the bank were given a step by step demonstration on how to make use of Facebook chat function to enjoy banking services through chat sessions, thus representing a way of delivering lifestyle banking.

With the launch of the chat banking, which has already taken-off in the Facebook Messenger, the bank explained that it customers would be able to open new accounts, receive instant transaction notifications, check their balances on the go, transfers and airtime top up.

Also, users would be able to perform other transactions using the chat banking; including payments of bills, data top-up, mini-statements, loan applications; cheque confirmation, account freezing, among others.

Kennedy Uzoka, MD of UBA
Kennedy Uzoka, MD of UBA

Mr. Kennedy Uzoka  Group Managing Director, UBA says the bank was continuously developing strategies aimed at easing transactions for the bank’s numerous users, while ensuring utmost safety of their transactions.

“The formulation of this product, is consistent with the bank’s customer first philosophy, where we are doing things not the way we like, but exactly what the customers want, where they want it, and in the exact platform they want. And so, we have been working with technology giants from around the world because for UBA with so many customers, we have to deal with those who have the global capacity. Therefore, we at UBA, have collaborated with facebook to come up with this. In future, Leo will show up with other platforms. All you need to do is to have an account with Facebook”, Uzoka says.

According to him, “Leo being an intelligent personality will give you feedback instantaneously as you transact your business on the platform. A solution that is from the customer’s standpoint which is easy to use by anyone regardless of your career.”

The bank says that Leo is not only a chat machine, but an artificial intelligence service as well a personality meant to address any type of banking concern.

“Leo is ready and waiting to help with most transactions and to deliver any form of banking services. Leo is operating a lifestyle banking platform on facebook messenger to assist with your transactions while chatting with your friends and business partners. The security with this platform is that for every transaction, an OTP (One Time Password) is generated to the phone number that is registered on the account”, according to UBA.

[cactus-ads id="104721"]
Kolade Akinola Technology Journalist at Technology Times Mobile: + 234 (0) 807 401 6027