Thursday, May 31, 2018

Centenary Bank - Uganda Leading Commercial Micro-finance Bank Introduces Visa Cards

KAMPALA, UGANDA- Centenary Bank, Uganda’s leading commercial microfinance Bank, has unveiled the new CenteVisa debit card.
This comes after the rollout of internet banking and is a step towards enhancing customer’s convenience in accessing financial services.

Centenary Bank currently serves 1.4M customers, which is a third of the country’s banking population and is running a financial inclusion drive to serve more. Such an expansion drive calls for an increase in service outlets making platforms like Visa a natural option. The Bank’s diaspora clientele and product range are also increasingly calling for more global service schemes.

The CenteVisa card is a globally accepted card that operates using Chip and Pin technology, which provides enhanced security. Customers can now enjoy the freedom of transacting anywhere in the world, wherever Visa has been enabled.

Fabian Kasi, Managing Director Centenary Bank applauded the customers for their loyalty and urged them to get their Visa cards as soon possible.

Centenary Bank, whose tagline is “Our Bank” prides itself in responding to client needs and engaging in research before onboarding a new product. According to Mr. Kasi, customers requested this service so as to be able to have more flexible payment options anywhere, anytime, in and outside the country.

The Bank’s General Manager Operations, Joseph Kimbowa added that the exercise of getting new cards is to run for a particular period to enable completion of integration with Visa. He said, “customers have up to six months to get their new Visa cards, thereafter the old magnetic stripe card shall be disabled from the system.” He added that the process for getting new cards is seamless and customers need not postpone the exercise.

“At Visa, we are keen on being part of the everyday life of our customers. With the ever-changing face of monetary transactions: cards and online dealings, customers have become more tech-savvy, decisive and particular about their overall experience while transacting. To this end, Visa’s operations in Africa are firmly based on bringing about innovative products that promote safe and convenient transactions,” said Victor Ndlovu, the Senior Director, Visa Development, Sub-Saharan Africa.

Centenary Bank continues with its strategy of reaching the unbanked. You can go to the link for more information about - VISA CARD

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