Centenary Rural Development Bank is the leading Commercial Microfinance Bank in Uganda » Centenary Bank and Mastercard partnership will transform Uganda’s Economy. […] However, 53 percent of adults are using mobile payment solutions to transact. Following the recent signing of a strategic partnership agreement focused on … document.dispatchEvent(eOT); } (d.textBaseline="top",d.font="600 32px Arial","flag"===a? Mfw4a.org. 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. THUR, OCT 25 2018-theG&BJournal-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 PML Daily, published via www.pmldaily.com is a publication of Post Media Ltd, a professional Digital/New Media company in Uganda. 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! ↑ "Uganda: Centenary Bank Signs Deal With Worldremit". KAMPALA--Centenary Bank and Mastercard have announced a multi-pronged approach to digitising Uganda’s economy in support of the National Financial Inclusion Strategy. 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. /* */ title : "Centenary Bank and Mastercard partnership will transform Uganda’s Economy", siteName : "Newsroom", postdate : "2017-07-19 10:53:34", Retrieved 6 June 2020. 0800 200 555 Loan Calculator Amount. #adcopy-puzzle-image img {width: 100%; height: 100%}. margin: 0 .07em !important; !function(a,b,c){function d(a){var c=b.createElement("canvas"),d=c.getContext&&c.getContext("2d");return d&&d.fillText? 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. metaWord : "", 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 … M-KOPA, which already provides affordable, safe and clean energy to three million people in East Africa has launched Mastercard’s … /* */ If you’re looking for support. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. Mastercard (NYSE: MA), http://www.Mastercard.com, is a technology company in the global payments industry. 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. 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 […] [CDATA[ */ Location Address Opening Hours; Branch: Location & Contact: Opening Hours: Adjumani: LVR 3176 Folio 18 Plot 20, Manyi Road Tel: +256 414 697 877 +256 414 697 885 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. Centenary Bank (full name: Centenary Rural Development Bank) was established in 1983. 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. 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. Find out what works well at Centenary Bank from the people who know best. googletag.cmd.push(function() { subsection : "Press Releases", Fintechfutures.com. M-KOPA, which already provides affordable, safe and clean energy to three million people in East Africa […] Our mission is to provide appropriate financial services especially Micro finance to all people in a sustainable manner and in accordance with the law. This comes after the roll out of internet banking, and is a step towards enhancing customers’ convenience in accessing financial services. The CenteVisa card is a globally accepted card that operates using Chip and Pin technology, which provides enhanced security. 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. display: inline !important; //document.write(""); MasterCard’s Bwakira (left) and Centenary Bank’s Kasi share documents Friday in Kampala, Uganda. “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. [CDATA[ Today it is one of the largest banks in Uganda with 62 branches across the country and 146 ATMs. “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.”. Following the recent signing of a strategic partnership agreement focused on boosting financial inclusion in the East African market, the two partners today further … 61,606 were here. “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,” Kasi said. 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"}}; Centenary Bank, Uganda’s leading commercial microfinance Bank, has today unveiled the new CenteVisa debit card. height: 1em !important; Centenary Bank is Uganda’s leading commercial microfinance bank serving customers with 69 branches and 172 ATMs across the country. Loan Period. High Court directs Military, Police to vacate Bobi Wine’s home, Ugandan embassy in Saudi Arabia faces closure over rent, distressed workers sleep outside, Court decides on Bobi Wine’s ‘illegal detention’ today. After a loud cry from their customers for the lack of VISA/MasterCard enabled ATM … width: 1em !important; 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 have entered into an agreement with a multi-prolonged approach to digitize Uganda’s economy in support of the National Financial Inclusion Strategy. “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. Click here to subscribe to real-time alerts. QR payments solution launched to help provide simple and affordable payments for people and businesses in Uganda. } Hi, Lets Talk. Press Releases border: none !important; However, 53 percent of adults are using mobile payment solutions to transact. googletag.defineSlot('/21628385849/Content-300x250-top3', [300, 250], 'div-gpt-ad-1592740172700-0').addService(googletag.pubads()); “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.”. 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. This comes after the roll out of internet banking, and is a step towards enhancing customers’ convenience in accessing financial services. Account with the our Bank Registered on the CenteMobile Banking platform Message. 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 operates the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. We have been trusted by over 1.4 million customers, a third of the total banking population 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. vertical-align: -0.1em !important; Bank code A-Z 4 letters representing the bank. Intelligentcio.com. language : "en", (d.fillText(String.fromCharCode(55356,56812,55356,56807),0,0),c.toDataURL().length>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? img.emoji { box-shadow: none !important; In 2011, the Centenary Bank launched a program with the World Bank Group to develop loans in the Ugandan agricultural sector. 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. Please enter your username or email address to reset your password. 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. (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); 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. //