Instant Settlement, Trusted Banking
Simplify your business with UBA POS
UBA’s Point-of-Sale (POS) terminals are designed to deliver seamless, secure, and efficient payment experiences. Whether you’re a large corporate or a growing business, our POS solutions ensure your operations run smoothly.
Point of Sale (POS) terminals facilitate payments for goods and services at merchant locations using payment cards.
- Same-Day Settlement – Receive funds instantly into your UBA account.
- Real-Time Monitoring – Track transactions live via your dashboard.
- Pay-by-Link – Accept remote payments through a secure link.
- Daily Settlement Reports – Auto-generated summaries for easy reconciliation and tracking.
- Dispute Reduction and Resolution – Fewer chargebacks and transaction failures. Dispute failed transactions on dashboard.
- Competitive Pricing –Transparent and affordable transaction fees for all business sizes.
- Transaction Insights – Monitor card success rates across other banks.
- Flexible Settlement Options – Customise timelines and structures that works best for your business.
- 100% Success Rate – Reliable and seamless transaction processing.
- Faster Cash Flow – Get access to your funds instantly.
- Reliable Payment Processing – Keep your business running smoothly.
- Improved Customer Experience – Quick, secure, and hassle-free payments.
- Simplified Accounting – Easy-to-read daily reports for faster reconciliation.
- Remote Payment Flexibility – Accept payments without physical interaction.
- Full Support – 24/7 customer service and dedicated relationship managers.
- Scalable for Any Business – Works for retail, hospitality, healthcare, education, and more.
- Enhanced Operational Efficiency – Minimize delays, errors, and downtime
Our POS solutions are ideal for:
- Retail stores
- Supermarkets
- Restaurants and cafes
- Hotels and hospitality services
- Service providers
- Healthcare facilities
- Educational institutions
- Any business seeking efficient payment solutions
Features
Receive funds instantly into your UBA account.
Track transactions live via your dashboard.
Accept remote payments through a secure link.
Auto-generated summaries for easy reconciliation and tracking.
Fewer chargebacks and transaction failures. Dispute failed transactions on dashboard
Transparent and affordable transaction fees for all business sizes.
Monitor card success rates across other banks.
Customise timelines and structures that work best for your business.
Benefits
Get access to your funds instantly.
Keep your business running smoothly.
Quick, secure, and hassle-free payments.
Easy-to-read daily reports for faster reconciliation.
Accept payments without physical interaction.
24/7 customer service and dedicated relationship managers.
Works for retail, hospitality, healthcare, education, and more.
Minimised delays, errors, and downtime
Who is it for?
Our POS solutions are ideal for:
- Retail stores
- Supermarkets
- Restaurants and cafes
- Hotels and hospitality services
- Service providers
- Healthcare facilities
- Educational institutions
- Any business seeking efficient payment solutions
Get Started:
Requirements:
- A current or corporate account with UBA
- CAC certificate with a registered business name
- Visit any UBA branch
- Speak with a Relationship Manager or Customer Service Officer
- Complete the application and submit required documents
- Once verified, your POS will be processed and delivered
Application Steps:
Lagos: 3 working days | Outside Lagos: 5–7 working days
FAQs FOR POS TRANSACTIONS:
Settlement is done same day
The Red Pay POS is settled on the same day which is a new improvement to our old POS settlement
It is printed on the receipt
The Red Pay POS solution has an End of Day reporting feature that captures and reports all transactions you have done for the entire day
The End of Day Report is captured in the merchant dashboard and can be viewed on an Android phone or laptop
With our new POS solution that is highly unlikely as you can view real time if a transaction fails and the reason why. It is 99.9% accurate. But if a customer gets debited, the customer reports to his/her bank
The customer can visit his/ her bank, a receipt is not crucial to logging the complaint
Reach out to your assigned Relationship Manager, any branch or call our contact center
Daily limit is set by card issuer and it differs by bank
FAQs FOR POS COMPLAINTS
Reach out to your assigned Relationship Manager, any branch or call our contact center
Reach out to your assigned Relationship Manager, any branch or call our contact center
Card holder reached out to issuing bank and fill request after 24 hours
Respond to the chargeback to accept or decline the chargeback
Reversal is automated within 24 hours, but if not 2-3 working days
Card holder reached out to issuing bank and fill request after 24 hours