Just deposit the funds on the … The CenteVisa card is a globally accepted card that operates using Chip and Pin technology, which provides enhanced security. “We are therefore delighted to officially welcome the customers of Centenary Bank onto the Visa network where they can enjoy secure and convenient payment experiences. +256771681909, Afrisafe Consultants and Jubilee Insurance launches 3RD Party Ku Simu service on mobile, How One Ukrainian Company Is Making the Future of Automotive Closer. Centenary Bank has admitted its customer lost millions of shillings in ATM fraud, a revelation that sheds light on the growing cases of financial fraud hitting Uganda’s commercial banks. The CenteVisa card is a globally accepted card that operates using Chip and Pin technology, which provides enhanced security. “We are delighted to partner with Centenary Bank to offer the Visa Prepaid card services where the bank’s existing customers and the public can enjoy an apt banking experience, a development that is in line with our commitment to promote cashless transactions and deepen financial inclusion across the country.”. KAMPALA – Centenary Bank has removed charges on several transactions for its customers in view of the imminent threat caused by coronavirus. 0 0. During the launch, Centenary Bank Managing Director, Fabian Kasi explained that the CenteVisa Prepaid is an addition to the bank’s Visa Card payment solutions aimed at offering both existing bank customers and the public more options to perform cashless transactions, conveniently. Therefore, cards will be issued to both our customers and other individuals who have the desire to go cashless and are above 18 years old,”Kasi explained. UCC Publishes List of Approved Radio Stations. Join Techjaja on telegram. Whether at your home, or business, or office our target is to have many agents spread across places with our clientele to aid your banking. Currently we have 176 ATM’s, 64 Point of Sale machines, phone banking through our CenteMobile platform and internet banking. To this end, Visa’s operations in Africa are firmly based on bringing about innovative products that promote safe and convenient transactions,” said Sunny Walia, Visa General Manager for East Africa. The Bank’s General Manager Operations, Mr. Joseph Kimbowa added that the exercise of getting new cards is to run for a particular period to enable completion of integration with Visa. 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. Kampala, Uganda | Julius Businge | Due to disruptions caused by COVID-19 lockdown, Centenary Bank top officials have announced the removal of charges for account to mobile wallet transfers for any amount using its CenteMobile platform. May 29, 2018. in Schools and Colleges. Centenary Bank continues with its strategy of reaching the unbanked. ... Centenary bank customers to get free debit visa card. It has. Other features such as the auto sweep facility and auto reverse sweep facility are also available in the Baroda Centenary … at Point of Sale machines, online payment platforms and ATM’s. Most banks charge additional fees for credit cards, such as an annual membership fee, a monthly service charge and penalties for late … 0. At this time, PayPal will debit your Centenary bank VISA Card (in fact, your account since the card is linked on it) some dollars between $1.55 t0 $1.99 (You can convert this into UGX using any currency converter of choice or even a calculator if you know the exact rate of that time). “At Visa, we are keen on being part of the everyday life of our customers. Followers Gallery: An incredible application that has assisted me with getting Instagram followers and likes for free! Customers can exchange their old ATM card for the new one at any of the bank’s 69 branches. We want to thank our customers who have been with us on this journey, and all those who are joining us now for the vote of confidence. Facebook. Six employees of Centenary Bank have been sent to Kitalya and Kigo prisons on remand over charges of conspiracy to defraud the bank and unauthorized disclosure of bank information. Mr. Kasi emphasized that apart from joining Visa to have more service points for customers, the Bank is doing more. Uganda blocks social media ahead of presidential, parliamentary … According to Centenary Bank , for one one to acquire a CenteVisa Prepaid Card, they only need a valid National ID, a passport photo and make a minimum initial card loading deposit amount of shs50,000. June 8, 2020. in BUSINESS. How Artificial Intelligence Helping African Farmers in the Fight Against Locusts. Centenary Bank, whose tag line is “Our Bank” prides itself in responding to client needs and engaging in research before onboarding a new product. Centenary Bank set to reward it’s clients using their Cente VISA card to make payments. TIERS CASH DEPOSIT CASH WITHDRAWAL BILL & UTILITY PAYMENTS CENTEVOUCHER (NON-CUSTOMER) TIERS AIRTEL MTN. VIEWS. These include;- Steven Zziwa a banking officer at Centenary Bank – Bwaise branch, Nasir Doka the supervisor at the same branch, Diana Musisi Namubiru the branch […] Under this, the bank enables customers to use Point Of Sale (POS) terminals with their CenteCards. 100 per cheque (Plus any charges levied by the other bank) He said, ‘customers are now able to transact and open accounts conveniently through our CenteAgents in your neighborhoods. According to Centenary Bank’s General Manager Corporate Communications and Marketing, Beatrice Lugalambi, the waiver of charges on account to wallet transfers for all amounts using CenteMobile and zero charges for withdraws of up to UGX 50,000 at CenteAgent locations and ATMs countrywide, applies for a period of 30 days effective 23rd March 2020 in line with the presidential ban of public gatherings … People at Heart - CSR. Twitter. Customers can now enjoy the freedom of transacting anywhere in the world, wherever Visa has been enabled. This is evident with the range of digital banking solutions we have made available to our customers over the years.”. During the launch, Centenary Bank Managing Director, Fabian Kasi explained that the CenteVisa Prepaid is an addition to the bank’s Visa Card payment solutions aimed at offering both existing bank customers and the public more options to perform cashless transactions, conveniently. Share on Facebook Share on Twitter Share via Whatsapp. “One does not need to have an account with Centenary Bank to acquire the CenteVisa Prepaid Card, because it is not linked to any bank account. ... because of his strong appeal to Centenary Bank’s customers. Bank charges a sum for extending services like re-issuance of debit cards, re-generation of a PIN and annual maintenance charge. This exponential growth was partly attributed to actions taken by players in the financial sector including the promotion of the usage of cashless transactions as a measure to reduce the risk of COVID-19 transmission to customers and the public. Charge slip request processed by Canara Bank: USD 2: Charge slip request processed by any other bank: USD 6: Duplicate Statement: Rs. Note: All transaction charges are subject to 15% excise duty. Email. In 1993, we transitioned to Centenary Rural Development Bank Limited and were licensed as a full-service commercial bank. He noted that the prepaid card holders will be able to use their cards to pay for items at supermarkets, buy fuel, and shop online with convenience. 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. Centenary Bank, Uganda’s leading commercial microfinance Bank, has today unveiled the new CenteVisa debit card. Speaking at the launch, Centenary Bank Managing Director, Fabian Kasi explained that the CenteVisa Prepaid is an addition to the bank’s Visa Card payment solutions aimed at offering … The CenteVisa card can be used globally at all merchants enabled to accept Visa transactions. currency: buying: selling: usd: 3596.30: 3733.11: gbp: 4877.00: 5091.38: eur: 4300.27: 4603.57: kes: 30.83: 35.16 Uganda-based Centenary Bank has introduced the new CenteVisa debit card featuring chip and pin technology for improved security while making payments. […] LIVE: Our chief Manager marketing and Branding Immaculate Ngulumi is here for a discussion about CenteVisa prepaid cards. Outstation cheque processing charge: Rs. Reloadable Card, also known as KVB Centenary Prepaid Card (KCPC) is a special card designed by KVB exclusively for the corporate segment for the specific purpose such as salary, performance incentive, commissions & reimbursement. ... passport or driving permit and walk out with your new Visa … Centenary Bank has issued close to one million visa cards to its customers in an effort to promote cashless payments, according to Fabian Kasi, the managing director. Debit cards are linked to a bank account and are available without a credit check. Centenary Bank has removed charges on several transactions for its customers in awake of coronavirus (PHOTO/File). “What is required is for one to pre-load the money on the card, in advance, which they can then spend any time, anywhere wherever Visa is accepted.”, “The needs of our customers are paramount, and it is for this very reason that we are always working to innovate and offer appropriate solutions to enhance their banking experience in a safe and secure manner with the help of technology. Read More Centenary Bank currently serves1.4M customers, which is a third of the country’s banking population, and is running a financial inclusion drive to serve more. Title: tariff guide 2019 Print Created Date: Speaking during the launch, Mr. Fabian Kasi, Managing Director Centenary Bank applauded the customers for their loyalty and urged them to get their Visa cards as soon possible. The card can … The Bank’s Diaspora clientele and product range is also increasing calling for more global service schemes. According to … temporary bank wide closure on 14th and 15th january 2021; centenary bank statement on bwaise branch incident ; More News. Centenary Bank, the largest commercial microfinance bank in Uganda has launched the new CenteVisa Prepaid card to facilitate cashless payments and enhance its service offering on the digital banking front. KAMPALA — Centenary Bank has added a new service on its Agent Baking platform that enables both its customers and bank non-customers to withdraw money at no charge. This comes after the roll out of internet banking, and is a step towards enhancing customer’s convenience in accessing financial services. In a statement issued on Tuesday, March 24, 2020, the Catholic Church-owned commercial bank also announced that it has … By Michael Jjingo “The goal of a successful trader is to make the best trades. KAMPALA: Centenary Bank, Uganda’s leading commercial microfinance Bank, has unveiled the new CenteVisa debit card. Select option 7 and then 1 for banks and option 2 for Centenary bank and follow prompts. Today, Centenary Bank is Uganda’s leading commercial microfinance bank, serving more than 1.4 million consumers, employing over 2,700 staff and holding an asset base of UGX 2.706.3 Billion as of December 31, 2017. The Bank of Uganda advises customers to report to it if they are offered a rate or charge different from what is published in the tables below. Facebook WhatsApp Twitter. In a bid to redefine customer experience, Centenary bank has come up with a new CenteVisa debit … Submit your mobile app submit using the SD Send us via email and info at centenary Bank.co dot u then another one that we have is the uh blocking and unblocking of your center visa card. In a bid to redefine customer experience, Centenary bank has come up with a new CenteVisa debit Card. ... “the growth in Visa card users is a good indicator for the journey of moving from using cash to cashless, an agenda being pushed by Visa.” ... payment of utilities such as water, electricity and school fees, among others. Related Posts. Officials said on April 15 that customers can also withdraw Shs 50,000 at CenteAgent locations and using ATMs countrywide at no charge. most of us when we loose our kids in the nights we have to eat an email to or we have to wait until the branches have opened. 965. “He added that the process for getting new cards is seamless and customers need not postpone the exercise. by JAVIRA SSEBWAMI | PML Daily Staff Writer. ... channels is charged for and this differs as per the channel used for instance CenteMobile account balance inquiry … This development is in line with our commitment to reduce cash usage and deepen financial inclusion across the region,” added Sunny Walia. This comes after the roll out of internet banking, and is a step towards enhancing customers’ convenience in accessing financial services. ... passport or driving permit and walk out with your new Visa card at no cost.’ Said Kasi. Centenary Bank, the largest commercial microfinance bank in Uganda has launched the new CenteVisa Prepaid card to facilitate cashless payments and enhance its service offering on the digital banking front. Merchant POS Service. For MTN, please dial *165#, select option 6 then option 1 for bank deposit and select 1 for Centenary Bank and follow prompts. Centenary Rural Development Bank has been one of the top financial institution in Uganda for the past recent years and has managed to keep it’s pedigree as a top bank for many reasons. Your cards are ready, simply walk into any of the 69 branches with the old ATM card and either a national ID, passport or driving permit and walk out with your new Visa card at no cost.’ Said Kasi. Such an expansion drive calls for an increase in service outlets making platforms like Visa a natural option. by admin. For Airtel, dial *185#. The campaign comes a year after the bank launched Visa card services for it’s over 1.6 million and has so far issued and distributed 725,000 visa cards, the largest number of a single distributor in the Uganda market. VIEWS. ... No monthly fees Instant transaction alerts 24/7 access to your funds No need to carry cash. The rates vary according to the nature of the card issued. Ugandans to make free withdrawals … Centenary Bank has waived charges on selected transactions performed using their digital channels, this is to allow easy access of their digital services at cheap prices and also prevent the use of physical money to combat the COVID-19 spread. 10 per page: Overdue reminder fee: Rs. With Centenary bank online banking, and through the use of a computer, tablet or smartphone for as long as one is connected to the internet be at home, office, school or work, one is guaranteed of enjoying benefits associated with the service including but not limited to the following below for up to 24 hours, access from anywhere, affordable, quick and easy ... No monthly fees; Instant transaction alerts; 24/7 access to your funds; No need to carry cash. Tags: centenary news top \visa card. The launch was yesterday at the bank’s Head Office, at Mapeera House in Kampala. Netflix Appoints Strive Masiyiwa, Owner of Liquid Telecom, a First African on its Board. 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Centenary Bank, whose tag line is ‘Our Bank’ prides itself in responding … Centenary Bank, whose tag line is ‘Our Bank’ prides itself in responding to client needs and engaging in research before on boarding a new product. For those holding an account - saving account, current or overdraft , knowing the balance in the account is absolutely imperative, and Central Bank of India gives its customer a number of ways to know the finances in their account and keep a track of their funds.Central Bank of India customers have the option of either using the online banking platform to check their balance, or they can use the … During the launch, Centenary Bank Managing Director, Fabian Kasi explained that the CenteVisa Prepaid is an addition to the bank’s Visa Card payment solutions aimed at offering both existing bank customers and the public more options to perform cashless transactions, conveniently. With the ever-changing face of monetary transactions: cards and online dealings, customers have become more techno savvy, decisive and particular about their overall experience while transacting. This comes after the roll out of internet banking, and is a step towards enhancing customers’ convenience in accessing financial services. Visa card is a globally acceptable card scheme, so customer shall be able to access financial services wherever Visa has been enabled i.e. Speaking at the launch, Centenary Bank Managing Director, Fabian Kasi explained that the CenteVisa Prepaid is an addition to the bank’s Visa Card payment solutions aimed at offering both existing bank customers and the public more options to perform cashless transactions, conveniently. 980. It all started on January 16 with a customer identified as Angella Caroline Idoot threatening to sue Centenary Bank for illegally deducting money from her account … NEWS. Report: Blockchain hackers stole $3.8 billion in 122 attacks in 2020. The Baroda Centenary Savings Account from Bank of Baroda is a superior savings account that offers various value added services. Transactions made with debit cards are paid for immediately, while credit cards can be paid off over time. This comes after the roll out of internet banking, and is a step towards enhancing customers’ convenience in accessing financial services. According to the 2020 quarterly financial stability review by the Bank of Uganda, the value of payments made using debit cards increased from shs670.3 billion in 2019 to approximately shs3.2 trillion in 2020. Charges are determined by the service provider. ... passport or driving permit and walk out with your new Visa card at no cost,” said Kasi. WhatsApp. Due to this, users can now transfer money from the bank accounts to mobile money wallets free of charge using the CenteMobile banking platform and also … “Visa is committed to delivering secure, convenient, and trusted payment solutions to all and leading the growth of electronic payments worldwide,” said Salma Ingabire, the Country Director, Visa Uganda. Extra … Read More . ... including getting a loan on phone, paying for school fees, paying utilities, sending and receiving money, checking for balances, … “Our electronic banking story started in 2003 when we acquired the first ATM and we have been growing since then. ... because they assume a risk that the customers might not pay the bill. ReddIt. Centenary Rural Development Bank has waived charges on selected transactions performed using their digital channels to allow you to access services cheaply and also prevent the physical use of cash in light of the COVID-19 pandemic.It has waived off charges for the account to mobile wallet transfers for any amount using its CenteMobile banking platform. Just … Airtel Uganda Granted 20 Year National Operator License at a “Discriminatory” Price. He said, ‘customers have up to six months to get their new Visa cards, there after the old magnetic stripe card shall be disabled from the system. Telegram. Centenary Bank, Uganda’s leading commercial microfinance Bank, has today unveiled the new CenteVisa debit card. Our people, our community and our country are at the heart of everything we do; from giving back to our society to building an all-inclusive business that goes beyond the usual norms of business. Centenary Bank, Uganda’s leading commercial microfinance Bank, has today unveiled the new CenteVisa debit card. GURU8 is a Technology website showcasing the Latest News, Event updates, reviews and rumours in the Tech world while providing a platform for everyone to interact as well as gain information in reference to technology. The tables show interest rates at Uganda’s 24 commercial banks — for current accounts, savings accounts, fixed deposits, and loans — loan-related fees and charges, minimum balances for different accounts, bank charges and fees, and fees on ATM transactions. 10. ... Centenary Bank removes withdrawal charges via Cente Agent. Money is secondary”, Alexander Elder.... Police have said they will duly vacate National... © 2020 Nile Post Uganda Ltd. - A Next Media Services Company. 50 per notification: Fuel surcharge: 2.5 % of the transaction subject to a minimum of Rs. 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