United Bank for Africa (UBA) announced the rollout of the Debit Mastercard card in Uganda to financially support its citizens. Focused on displacing cash, the electronic payment solution will deliver a quick, convenient and secure payment alternative for all citizens instantly. The introduction of the debit card solution is in support of the Bank of
With focus on building a stronger financial payment sector and ensuring all citizens are financially included, Guaranty Trust Bank (Uganda) Ltd (GTBank) officially launched the GTBank Debit Mastercard in Uganda in June. The bank is the first issuer of Mastercard in Uganda, signalling a key milestone for the country. There are three GTBank Debit Mastercards
With focus on building a stronger financial payment sector and ensuring all citizens are financially included, Guaranty Trust Bank (Uganda) Ltd (GTBank) officially launched the GTBank Debit Mastercard in Uganda in June. The bank is the first issuer of Mastercard in Uganda, signalling a key milestone for the country. There are three GTBank Debit Mastercards
In support of Uganda’s National Vision 2040, Mastercard has signed a strategic partnership agreement with the Uganda Banker’s Association (UBA) to develop a framework that will strengthen the local financial services sector. The National Vision aims to transform the country into a prosperous African economic powerhouse, where businesses can grow and people are able to
In support of Uganda’s National Vision 2040, Mastercard has signed a strategic partnership agreement with the Uganda Banker’s Association (UBA) to develop a framework that will strengthen the local financial services sector. The National Vision aims to transform the country into a prosperous African economic powerhouse, where businesses can grow and people are able to
FinTech players are increasingly becoming an important part of the fabric of Africa’s financial services industry. In addition, the leading banks on the continent are now harnessing innovative technology to meet market needs and are also collaborating with FinTech start-ups to help them connect with under-served consumers, improve financial inclusion and provide a platform to
FinTech players are increasingly becoming an important part of the fabric of Africa’s financial services industry. In addition, the leading banks on the continent are now harnessing innovative technology to meet market needs and are also collaborating with FinTech start-ups to help them connect with under-served consumers, improve financial inclusion and provide a platform to
Mastercard announced a partnership with Orient Bank to expand the acceptance of Mastercard payment cards at ATMs and point-of-sale (POS) terminals across Uganda. The collaborative effort will see the acceptance of payment cards in 23 ATM locations and 200 POS terminals in the country effective immediately. The country’s positive economic development and steady political outlook
AFRRI report looks at eight countries from Sub-Saharan Africa, comparing various metrics to determine the maturity of the current financial services in each country, and highlighting areas of opportunity for formal retail banking. Produced by Calleo, a South African based marketing consultancy, in consultation with iVeri Payment Technologies, Africa’s leading payment solution provider, the report
Cignifi, whose proven big data engine uses mobile phone data to deliver consumer credit and marketing scores, announced an agreement with the International Finance Corporation (“IFC”), a member of the World Bank Group, aimed at expanding the delivery and usage of mobile financial services in Uganda. Specifically, Cignifi will be working with the IFC to
