“Now, Africa Trade Begins!” – UBA Blazes Trail With PAPSS Launch On Revolutionary LEO Chatbot

In a groundbreaking development reinforcing its role as a digital pioneer across the continent, United Bank for Africa (UBA) Plc has successfully launched the integration of the Pan-African Payment and Settlement System (PAPSS) on its AI-powered chatbot, LEO.

According to iReporter Online, this move makes UBA the first financial institution in Africa to facilitate cross-border payments via a chatbot platform.

The integration allows for instant, seamless, and secure transactions using local currencies across African countries—setting the stage for a new era in intra-African trade.

Speaking during the official launch held at the UBA Head Office in Lagos, the bank’s Group Managing Director/Chief Executive Officer, Oliver Alawuba, described the initiative as a significant leap forward in UBA’s digital transformation agenda and a strategic win for African economic collaboration.

“With PAPSS on our LEO platform, we are not just simplifying payments—we are eliminating trade barriers and fostering stronger economic ties across the continent,” Alawuba stated.

Alawuba emphasized that UBA’s mission is rooted in empowering Africa’s youth and enabling economic growth.

He noted that integrating PAPSS into LEO is a deliberate step to equip the younger generation with tools for seamless business and trade transactions.

According to iReporter Online, the development is aligned with UBA’s commitment to being at the heart of Africa’s economic advancement.

PAPSS CEO Mark Ogbalu III, who was also present at the launch, lauded UBA as a top-tier partner in the journey toward enabling a borderless Africa.

He highlighted that UBA was one of the earliest adopters of PAPSS and has now extended its reach from physical branches to digital platforms like LEO.

This innovation, he said, allows customers to send and receive funds within seconds—a shift that is already boosting trade across the continent.

Also speaking, Shamsideen Fashola, UBA’s Head of Retail and Digital Banking, said the integration sets a new benchmark for digital banking across Africa.

He added that early usage statistics, particularly between Ghana and Nigeria, indicate widespread acceptance.

According to iReporter Online, the collaboration between PAPSS and LEO is already redefining the future of borderless, convenient banking across the continent.

UBA, one of Africa’s largest financial employers with over 25,000 staff and operations in more than 20 countries, continues to lead the way in innovative, inclusive, and tech-driven banking solutions.

”IREPORTER REPORTS”