MTN and UBA Debut X -change CashCard

United Bank for Africa Plc partners with MTN Nigeria to introduce an electronic purse called X-change CashCard. X –change CashCard is an electronic wallet which allows access to cash at any Interswitch or QuickCash ATM and also enables you to make non-cash payments at InterSwitch enabled Point of Sale terminals (POS). The X - change card has other excellent benefits such as: • 24/7 access to MTN airtime at Recommended Retail Price (RRP) from UBA ATMs nationwide • unique and secure means of payment for goods and services • 24/7 access to cash from InterSwitch and Quickcash ATM machines • accepted for payment for goods and services at all InterSwitch enabled Point of Sale terminals (POS). The X-change vending solution would integrate airtime-vending services with the functionalities of automated teller machine (ATM) to provide one-stop-shop banking facilities in close proximity with public and make purchase of MTN airtime and other products easily accessible. With MTN’s national reach of 12 Service Centres and 19 Connect Stores and an additional 10 planned for 2006, as well as UBA’s 428 branches spread across the country and an additional 100 planned for December 2006, both companies will bring first class customer experience to Nigeria’s teeming populace, 24 hours a day, seven days a week, 365 days a year! The X -change card is free and getting one is easy for those who own an MTN line. There is no need to own or open a new UBA account – all that is required is an MTN line. X –change card is available at UBA banking halls nationwide and can be funded with cash at UBA branches, InterSwitch enabled ATMs and MTN Service Centres. CashCard is a registered trademark of InterSwitch limited.