Unity Bank and the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has launched co-branded debit card aimed at promoting businesses that cut across various sectors of the Nigerian economy.
The prepaid debit ID card is to be an operational business tool. It has an array of value added services such as discount for flights, hotels, vehicles and equipment purchases, Visa assistance among others.
Speaking at the launch of the payment solution yesterday, the Managing Director and Chief Executive Officer, Unity Bank, Mrs. Tomi Somefun said: “This is a very important venture to us at Unity bank. This venture would be one that would take all parties and stakeholders to greater heights and would be for the ultimate benefit of all the members.
She added that the strategic partnership is an alliance that will enable the Association and Unity Bank succeed together, adding that the bank is not taking it lightly, but determined to make it resounding success.
Also speaking, Usman Abdulqadir, Executive Director, Business Development and Compliance, Unity Bank said NACCIMA has been a rallying point for all interests that are associated with ease of doing business and that the bank shares certain common attributes with the association.
His words: “We are proud to be associated with NACCIMA. Unity Bank prides itself as a bank that is development oriented. From the beginning, the bank has been providing simple banking services to its customers especially the Small and Medium scale Enterprises across the country and this is one more of such engagements.”
Over time, Unity Bank has seen the growth and benefits of an engagement with agricultural-minded companies and SMEs, stressing that the latest partnership is just one more aftermath of this engagement.
NACCIMA and Unity bank according to Abdulqqadir share the same desire to reduce challenges being faced by SMEs especially in the agricultural value-chain, and whatever the bank can do to continue to assist the Association, it will always do.
“NACCIMA and Unity Bank share a desire for development and I think Unity bank from what we have shared with NACCIMA, I believe they have found an ideal partner,” Abdulqadir added.
Speaking on the partnership, the National President, NACCIMA, Mrs. Iyalode Alaba Lawson said: “This partnership with Unity Bank is to provide a safe, secure and universal business tool for financial transactions anywhere around the world. It is also to provide a new unique and means of identification for all NACIMA members.
“The second phase would involve the inclusion of value added service for card holder such as discounted fight tickets, hotels rates for rooms, equipment purchase, vehicle purchase, Visa assistance and general travels amongst many others.”
Furthermore, she said: “NACCIMA truly commends Unity Bank for truly keying into our issue and making a success of it and we look forward to a successful partnership with Unity bank.”
Lawson commended Unity Bank for proving itself capable of driving the entire project to a reasonable conclusion.
She said that NACCIMA will continue to seek new ways of improving members’ businesses and “placing the association in the forefront of government policies and programs.”
The card according to her, will promote a safe, secure and universal mode of financial transaction for all NACCIMA members anywhere around the world and provide a new, unique and common means of identification for all members.
Some Unique features of the card include: name and picture of the card owner as well as the logo of NACCIMA, hence making it an ideal identification and transaction instrument for the members wherever they are all over the world. It operates on the worldwide Master Master Card or VISA financial exchange internationally and the Nigerian interswitch platform. The card will have the benefits of each of these respective modes of operation.