The United Bank for Africa (UBA), in association with MasterCard, has introduced an instant debit card in Ghana that gives users a secure, easy and convenient means for all transactions.
Dubbed the UBA MasterCard, the new offering is said to be the first of its kind in Ghana. It can be used locally, and is accepted in more than 210 countries across the globe.
Go deeper with GlobalData
Designed as an international card, the new debit card enables cardholders do transactions at more than 1.5 million ATMs, pay for goods and services at POS terminals and carry out secure web transactions. It is directly linked to a current or savings account, which reflects the transactions in the customer’s account in real time.
UBA head of digital banking products and sales Johnson Olakunmi said that UBA’s strategic partnership with MasterCard will focus on increased payment infrastructure across Africa, including the launch of point of sales and mobile point of sales technology. The aim is to ensure that merchants are able to accept cards introduced into the African continent.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
