The Lion King | 9
PayDirect
No longer are corporates compelled to make a great part
of their sales in cash as they did twenty years ago. With an
e-banking product like PayDirect from UBA, companies can
get their customers to pay them electronically. PayDirect is a
PC-based electronic payment solution designed for secure
commercial transactions between an organization and its
Customers.
It is designed to be a Payments, Collection and Monitoring
Solution. It is an effective and price competitive way of pro-
viding 24 hour, all week e-payment solutions. It leverages on
the online, real-time integration between the bank’s network
and InterSwitch to provide an effective payment solution.
Companies, using PayDirect to collect payments, get instant
SMS notification once a customer pays into their accounts.
Eduportal
The education sector is also benefiting from innovations in fi-
nancial technology. The era of students lining up for hours to
pay their school fees now belongs to the past. Eduportal is the
UBA solution to that era providing an online educational por-
tal that provides a comprehensive technology-based school
management solution for tertiary institutions. School fees
payment is not only enabled on this system but it also provides
world-class learning environment for the entire school com-
munity – including staff and parents as well as facilitates infor-
mation upload for student-lecturer real time communication.
U-Pay
Twenty years ago, paying employees required huge move-
ment of cash by road by bullion vans. Today, this can be done
conveniently through U-Pay, a Web-based Human Resource,
salary administration and payroll solution provided by UBA
to corporate bodies. It enables automated salary process-
ing and payment directly into employees’ accounts in any
bank. Employees’ details can be hosted on the U-Pay plat-
form enabling employee benefits to be processed conveni-
ently through the platform. With U-Pay connect, all payments
are effected instantly.
PayManager
This is a web-based payment solu-
tion, provided by UBA that allows
companies to automate their pay-
ment system to suppliers, custom-
ers, and staff.
PayManager has the capability to
move money from corporate ac-
counts with any bank and pay into
accounts with any bank.
Payments can also be made from
Dollar, Euro and Pound Sterling ac-
counts to any account in the world.
Corporate
e-banking
products
unavailable
20 years ago
Corporate customers now enjoy
several e-banking products that
only existed in their dreams 20
years ago.
Cover Story
