Uganda, 19 July 2017: Centenary Bank and Mastercard have today announced at the Annual Bankers’ Conference their multipronged approach to digitising Uganda’s economy in support of the National Financial Inclusion Strategy. 61,606 were here. Centenary Bank is Uganda’s leading commercial microfinance bank serving customers with 69 branches and 172 ATMs across the country. pageName : "Centenary Bank and Mastercard partnership will transform Uganda’s Economy", If you’re looking for support. “We have made significant strides this year in Uganda, with our recent agreement with the Uganda Bankers’ Association and the work we are doing through the Mastercard Labs for Financial Inclusion.”, Bwakira concluded by saying, “We are pleased to be part of this transformation journey in Uganda, and there is still much to be done to ensure we don’t only provide access but that together we also ensure usage of financial tools that will assist Ugandans to have a financial history giving them the power to build a stronger future for themselves and their families.”. "Centenary Bank live with new core banking system, Profits". siteName : "Newsroom", Following the recent signing of a strategic partnership agreement focused on boosting financial inclusion in the East African market the two partners on Wednesday further strengthened their partnership by signing a Commercial Banking Agreement (CBA), which will see the rollout of a broad suite of digital payment solutions. “We will also be working with the Mastercard Advisors team to develop a strong framework for current and future interventions, with the help of market and global insights.”, “The partnership is part of the Mastercard commitment to financially empower 100 million people in Africa by 2020,” said Chris Bwakira, Vice President and Area Business Head for East Africa, Mastercard. //document.write(""); googletag.defineSlot('/21628385849/Content-300x250-top3', [300, 250], 'div-gpt-ad-1592740172700-0').addService(googletag.pubads()); Centenary Bank Communications Contact: Ms. Allen Ayebare, allen.ayebare@centenarybank.co.ug. The introduction of the mobile-driven person-to-merchant (P2M) solution by Mastercard called, Masterpass QR, will help turn citizen’s mobile phones into a payment and acceptance tool. var eOT = new Event('OneTrustGroupsUpdated'); 61,606 were here. Following the recent signing of a strategic partnership agreement focused on boosting financial inclusion in the East African market, the two partners today further strengthened their partnership by signing a Commercial Banking Agreement (CBA) which will see the rollout of a broad suite of digital payment solutions. } language : "en", 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. Centenary Bank, Uganda’s leading commercial microfinance Bank, has today unveiled the new CenteVisa debit card. centenary rural development bank limited swift code details A SWIFT/BIC is an 8-11 character code that identifies your country, city, bank, and branch. Centenary Bank and Mastercard have today announced at the Annual Bankers’ Conference their multipronged approach to digitising Uganda’s economy in support of the National Financial Inclusion Strategy. 20 July 2017. #adcopy-puzzle-image img {width: 100%; height: 100%}. (b.addEventListener("DOMContentLoaded",g,!1),a.addEventListener("load",g,!1)):(a.attachEvent("onload",g),b.attachEvent("onreadystatechange",function(){"complete"===b.readyState&&c.readyCallback()})),f=c.source||{},f.concatemoji?e(f.concatemoji):f.wpemoji&&f.twemoji&&(e(f.twemoji),e(f.wpemoji)))}(window,document,window._wpemojiSettings); Tell us about yourself so we can get in touch. The introduction of both agreements will further assist in delivering on Uganda’s National Vision 2040, which aims to transform the country into a prosperous African economic powerhouse, where businesses can grow and people are able to prosper. (d.textBaseline="top",d.font="600 32px Arial","flag"===a? “We have made significant strides this year in Uganda, with our recent agreement with the Uganda Bankers’ Association and the work we are doing through the Mastercard Labs for Financial Inclusion,” Bwakira said. subsection2 : "", metaWord : "", googletag.enableServices(); Kasi said the Centenary-Mastercard groundbreaking strategy seeks to address five major drivers of financial inclusion: accessibility of financial services, credit infrastructure, and digitisation of financial services, appropriate and innovative financial products and consumer financial protection. […] Retrieved 6 June 2020. //3e3):(d.fillText(String.fromCharCode(55357,56835),0,0),0!==d.getImageData(16,16,1,1).data[0])):!1}function e(a){var c=b.createElement("script");c.src=a,c.type="text/javascript",b.getElementsByTagName("head")[0].appendChild(c)}var f,g;c.supports={simple:d("simple"),flag:d("flag")},c.DOMReady=!1,c.readyCallback=function(){c.DOMReady=!0},c.supports.simple&&c.supports.flag||(g=function(){c.readyCallback()},b.addEventListener? Intelligentcio.com. country:"Global" Get the inside scoop on jobs, salaries, top office locations, and CEO insights. /* */ MultiChoice Uganda launches 3 for 1 showmax special offer, CAF, StarTimes announce partnership to broadcast Total CHAN, Cameroon 2020 in Sub-Saharan Africa, ISO operatives coached me on how to pin Bobi Wine in court – Kibalama, BREAKING! In 2011, the Centenary Bank launched a program with the World Bank Group to develop loans in the Ugandan agricultural sector. Loan Period. MasterCard in partnership with M-KOPA Solar and Centenary Bank, celebrated the first ‘pay-as-you-go’ QR transaction this week, officially launching the initiative, which provides a simple and inexpensive way to power the homes and businesses of Ugandans. The CenteVisa card is a globally accepted card that operates using Chip and Pin technology, which provides enhanced security. Uganda, 19 July 2017: Centenary Bank and Mastercard have today announced at the Annual Bankers’ Conference their multipronged approach to digitising Uganda’s economy in support of the National Financial Inclusion Strategy. Hi, Lets Talk. Centenary Bank’s mission is to provide appropriate financial services, especially microfinance, to all people in Uganda, particularly in rural areas, in a sustainable manner and in accordance with the law. M-KOPA, which already provides affordable, safe and clean energy to three million people in East Africa has launched Mastercard’s … Centenary bank sometime back introduced the new VISA Debit Card to its customers, a move which saw an end to the old centecards which were previously being issued and used by clients. Follow us on Twitter @Mastercard News, join the discussion on the Beyond the Transaction Blog and subscribe for the latest news on the Engagement Bureau. channel : "Mastercard - Newsroom", img.emoji { The pact was signed yesterday at the Annual Bankers’ Conference, which took place at Kampala Serena Hotel. Centenary Bank and Mastercard have today announced a multipronged approach to digitising Uganda’s economy in support of the National Financial Inclusion… Mobile Money: Transforming Lives, … The CenteVisa card is a globally accepted card that operates using Chip and Pin technology, which provides enhanced security. Mastercard in partnership with M-KOPA Solar and Centenary Bank, celebrated the first ‘pay-as-you-go’ QR transaction this week, officially launching the initiative, which provides a simple and inexpensive way to power the homes and businesses of Ugandans. It is clear to see why the National Financial Inclusion Strategy is needed, according to the 2016 Financial Inclusion Insights Survey, only 11 out of every 100 adults in Uganda have access to a bank account. It has 1.3 million customers many of which are in the agricultural sector. MasterCard’s Bwakira (left) and Centenary Bank’s Kasi share documents Friday in Kampala, Uganda. This comes after the roll out of internet banking, and is a step towards enhancing customers’ convenience in accessing financial services. padding: 0 !important; KAMPALA–Centenary Bank and Mastercard have announced a multi-pronged approach to digitising Uganda’s economy in support of the National Financial Inclusion Strategy. Retrieved 6 June 2020. Mastercard (NYSE: MA), http://www.Mastercard.com, is a technology company in the global payments industry. In 2011, the Centenary Bank launched a program with the World Bank Group to develop loans in the Ugandan agricultural sector. A statement issued by the two institutions shows that the Commercial Banking Agreement … Mastercard is a technology company in the global payments industry. The introduction of the mobile-driven person-to-merchant (P2M) solution by Mastercard called, Masterpass QR, will help turn citizen’s mobile phones into a payment and acceptance tool. QR payments solution launched to help provide simple and affordable payments for people and businesses in Uganda Kampala, Uganda – October 25, 2018 – Mastercard in partnership with M-KOPA Solar and Centenary Bank, celebrated the first ‘pay-as-you-go’ QR transaction this week, officially launching the initiative, which provides a simple and inexpensive way to power the … The unique MasterCard card can be customized with elements such as images, colors and more. Compare pay for popular roles and read about the team’s work-life balance. M-KOPA, which already provides affordable, safe and clean energy to three million people in East Africa […] height: 1em !important; Following the recent signing of a strategic partnership agreement focused on boosting financial inclusion in the East African market, the two partners today further … display: inline !important; var di = { We have been trusted by over 1.4 million customers, a third of the total banking population in Uganda. It is clear to see why the National Financial Inclusion Strategy is needed, according to the 2016 Financial Inclusion Insights Survey, only 11 out of every 100 adults in Uganda have access to a bank account. Mastercard and FSD Uganda Partner to Develop Financial Services Centenary Bank Reaches Over 250,000 Ugandans in Financial Inclusion Drive MasterCard and Regulators in the AFI Network Partner to Advance Financial Inclusion Strengthening Uganda’s Financial Services Sector In a bid to redefine customer experience, Centenary bank has come up with a new CenteVisa debit Card. Centenary Bank and Mastercard have today announced at the Annual Bankers’ Conference their multipronged approach to digitising Uganda’s economy in support of … googletag.cmd.push(function() { ↑ "Centenary Bank and Mastercard partnership will transform Uganda's Economy". Centenary Bank and Mastercard have today, 19 July 2017, announced at the Annual Bankers’ Conference their multipronged approach to digitising Uganda’s economy in support of the National Financial Inclusion Strategy. ↑ "Uganda: Centenary Bank Signs Deal With Worldremit". window._wpemojiSettings = {"baseUrl":"https:\/\/s.w.org\/images\/core\/emoji\/72x72\/","ext":".png","source":{"concatemoji":"https:\/\/newsroom.mastercard.com\/mea\/wp-includes\/js\/wp-emoji-release.min.js?ver=4.2.9"}}; QR payments solution launched to help provide simple and affordable payments for people and businesses in Uganda. In 2017, Centenary launched on a new core banking platform developed by the Greek company Intrasoft International S.A. and signed a partnership with Mastercard to develop a broad suite of new mobile banking solutions. This partnership will help strengthen the National Payment Ecosystem through the introduction of relevant payment solutions including Masterpass QR, payment card solutions including debit, prepaid, and credit as well as premium solutions. Mfw4a.org. Centenary Bank and Mastercard have entered into an agreement with a multi-prolonged approach to digitize Uganda’s economy in support of the National Financial Inclusion Strategy. !function(a,b,c){function d(a){var c=b.createElement("canvas"),d=c.getContext&&c.getContext("2d");return d&&d.fillText? img.wp-smiley, Mastercard products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. margin: 0 .07em !important; After a loud cry from their customers for the lack of VISA/MasterCard enabled ATM … KAMPALA--Centenary Bank and Mastercard have announced a multi-pronged approach to digitising Uganda’s economy in support of the National Financial Inclusion Strategy. title : "Centenary Bank and Mastercard partnership will transform Uganda’s Economy", box-shadow: none !important; Mastercard in partnership with M-KOPA Solar and Centenary Bank, celebrated the first 'pay-as-you-go' QR transaction this week, officially launching the initiative, which provides a simple and inexpensive way to power the homes and businesses of Ugandans. However, 53 percent of adults are using mobile payment solutions to transact. “We are pleased to be part of this transformation journey in Uganda, and there is still much to be done to ensure we don’t only provide access but that together we also ensure usage of financial tools that will assist Ugandans to have a financial history giving them the power to build a stronger future for themselves and their families.”. Centenary Bank and Mastercard announced at the Annual Bankers’ Conference their multipronged approach to digitising Uganda’s economy in support of the National Financial Inclusion Strategy. vertical-align: -0.1em !important; Today it is one of the largest banks in Uganda with 62 branches across the country and 146 ATMs. However, 53 percent of adults are using mobile payment solutions to transact. Following the recent signing of a strategic partnership agreement focused on … Centenary Rural Development Bank is the leading Commercial Microfinance Bank in Uganda subsection : "Press Releases", 29 December 2017. Part of this commitment is working alongside partners that share our vision, and Mastercard will work with us to diversify our services and solutions,” explained Mr. Kasi. Account with the our Bank Registered on the CenteMobile Banking platform Message. [CDATA[ */ Centenary Rural Development Bank is the leading Commercial Microfinance Bank in Uganda Mastercard products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Centenary Bank and MasterCard on Wednesday announced that their multipronged approach to digitising Uganda’s economy in support of the National Financial Inclusion Strategy. Please enter your username or email address to reset your password. “In our position as the largest commercial microfinance bank in country, with over 1.4 million customers, we are committed to delivering solutions that meet the diverse needs of people, especially those living in rural areas. } postdate : "2017-07-19 10:53:34", QR payments solution launched to help provide simple and affordable payments for people and businesses in Uganda. border: none !important; googletag.pubads().enableSingleRequest(); In June, Finance minister Matia Kasaija delivered the 2017/18 National Budget, which re-emphasised the importance of the National Financial Inclusion Strategy. document.dispatchEvent(eOT); } Fintechfutures.com. (adsbygoogle = window.adsbygoogle || []).push({}); window.googletag = window.googletag || {cmd: []}; “In June, Finance Minister Matia Kasaija delivered the 2017/18 budget speech which reemphasised the importance of the National Financial Inclusion Strategy. Press Releases }); The PML Daily, published via www.pmldaily.com is a publication of Post Media Ltd, a professional Digital/New Media company in Uganda. The partnership realised in Kampala days ago is expected to roll out digital payment solutions and also help strengthen the national payment system through the introduction of […] Bank code A-Z 4 letters representing the bank. function OptanonWrapper() { » Centenary Bank and Mastercard partnership will transform Uganda’s Economy. width: 1em !important; Mastercard operates the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. In 2011, the Centenary Bank launched a program with the World Bank Group to develop loans in the Ugandan agricultural sector. The agreements, signed at the Annual Bankers’ Conference in Kampala, will further assist in delivering on Uganda’s National Vision 2040, which aims to transform the country into a prosperous African economic powerhouse, where businesses can grow and people are able to prosper. 0800 200 555 Loan Calculator Amount. [CDATA[ Centenary Bank, a commercial microfinance bank in Uganda, has signed a commercial banking agreement (CBA) with MasterCard to launch a diverse set of digital payment […] “As the largest commercial microfinance bank in the country, with over 1.4 million customers, we are committed to delivering solutions that meet the diverse needs of people, especially those living in rural areas,” said Fabian Kasi, executive director of Centenary Bank. Kampala, Uganda | GODFREY SSALI | MasterCard and Centenary Bank have unveiled a personalized debit card in Uganda dubbed the Masterpass QR. 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