United Bank for Africa (UBA) generated a total of N284.7 billion from electronic business transactions in full-year 2024.
Electronic transaction fees include earnings from ATM withdrawals, card transactions, online and mobile banking services, interbank transfers, SMS/email alerts, and merchant payments.
This represents an 85.9% growth in its e-transaction revenue when compared with the N157.1 billion recorded by the bank in 2023.