Bank-Grade Security & Deposit Protection
Ultra Pay Microfinance Bank operates under the strict regulatory oversight of the Central Bank of Nigeria (CBN). Learn how our multi-layered defense shields your wealth.
CBN Regulation & NDIC Coverage
Ultra Pay MFB holds an active microfinance banking license issued by the Central Bank of Nigeria. Every naira deposited in your personal or business account is guaranteed and insured by the Nigeria Deposit Insurance Corporation (NDIC).
Salted & Peppered PIN Architecture
Your 4-digit transaction PIN is never stored in plain text or standard hash. It is salted with a unique per-user key and mixed with a secure server-side pepper, locking the account for 15 minutes after 3 incorrect attempts.
Biometric Device Binding
Your mobile and internet banking sessions are cryptographically bound to your trusted smartphone. Any login from a new device requires multi-factor identity authentication.
24/7 Automated Threat Monitoring
Our core banking engine features real-time anomaly detection algorithms that instantly halt debit attempts exhibiting irregular geographic, velocity, or IP patterns.
Emergency Fraud & Suspicious Activity Desk
Available 24 hours a day, 7 days a week
If you notice any unauthorized debit, lost your phone, or received a phishing message pretending to be from UltraPay, contact our emergency fraud team immediately to freeze your account:
Emergency Phone Line:
08026267038
Fraud Desk Email:
info@ultrapay.ng