[CDATA[ 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. (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); width: 1em !important; googletag.defineSlot('/21628385849/Content-300x250-top3', [300, 250], 'div-gpt-ad-1592740172700-0').addService(googletag.pubads()); Centenary Rural Development Bank is the leading Commercial Microfinance Bank in Uganda 20 July 2017. 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. 61,606 were here. 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 padding: 0 !important; var eOT = new Event('OneTrustGroupsUpdated'); (adsbygoogle = window.adsbygoogle || []).push({}); window.googletag = window.googletag || {cmd: []}; document.dispatchEvent(eOT); } 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. 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, … 61,606 were here. 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. Centenary Bank, Uganda’s leading commercial microfinance Bank, has today unveiled the new CenteVisa debit card. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. In 2011, the Centenary Bank launched a program with the World Bank Group to develop loans in the Ugandan agricultural sector. }); The PML Daily, published via www.pmldaily.com is a publication of Post Media Ltd, a professional Digital/New Media company in Uganda. Mastercard is a technology company in the global payments industry. #adcopy-puzzle-image img {width: 100%; height: 100%}. googletag.cmd.push(function() { However, 53 percent of adults are using mobile payment solutions to transact. This comes after the roll out of internet banking, and is a step towards enhancing customers’ convenience in accessing financial services. subsection2 : "", “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.”. 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. Compare pay for popular roles and read about the team’s work-life balance. !function(a,b,c){function d(a){var c=b.createElement("canvas"),d=c.getContext&&c.getContext("2d");return d&&d.fillText? "Centenary Bank live with new core banking system, Profits". After a loud cry from their customers for the lack of VISA/MasterCard enabled ATM … channel : "Mastercard - Newsroom", Mfw4a.org. The 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. 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 … 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"}}; The unique MasterCard card can be customized with elements such as images, colors and more. 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 […] KAMPALA--Centenary Bank and Mastercard have announced a multi-pronged approach to digitising Uganda’s economy in support of the National Financial Inclusion Strategy. In 2011, the Centenary Bank launched a program with the World Bank Group to develop loans in the Ugandan agricultural sector. KAMPALA–Centenary Bank and Mastercard have announced a multi-pronged approach to digitising Uganda’s economy in support of the National Financial Inclusion Strategy. Centenary Bank (full name: Centenary Rural Development Bank) was established in 1983. “In June, Finance Minister Matia Kasaija delivered the 2017/18 budget speech which reemphasised the importance of the National Financial Inclusion Strategy. Click here to subscribe to real-time alerts. Our mission is to provide appropriate financial services especially Micro finance to all people in a sustainable manner and in accordance with the law. pageName : "Centenary Bank and Mastercard partnership will transform Uganda’s Economy", Centenary Bank is Uganda’s leading commercial microfinance bank serving customers with 69 branches and 172 ATMs across the country. country:"Global" 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. Tell us about yourself so we can get in touch. Uncover why Centenary Bank is the best company for you. Bank code A-Z 4 letters representing the bank. function OptanonWrapper() { box-shadow: none !important; 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. 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. By Watchdog reporter Centenary Bank and Mastercard have on Wednesday announced at the Annual Bankers’ Conference their multi-prolonged approach to 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! 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. Retrieved 6 June 2020. } Hi, Lets Talk. display: inline !important; Following the recent signing of a strategic partnership agreement focused on … //document.write(""); Mastercard operates the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. googletag.enableServices(); img.wp-smiley, If you’re looking for support. vertical-align: -0.1em !important; Centenary Rural Development Bank is the leading Commercial Microfinance Bank in Uganda However, 53 percent of adults are using mobile payment solutions to transact. 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 […] Following the recent signing of a strategic partnership agreement focused on boosting financial inclusion in the East African market, the two partners today further … Mastercard operates the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. Centenary Bank, Uganda’s leading commercial microfinance Bank, has today unveiled the new CenteVisa debit card. In 2011, the Centenary Bank launched a program with the World Bank Group to develop loans in the Ugandan agricultural sector. MasterCard’s Bwakira (left) and Centenary Bank’s Kasi share documents Friday in Kampala, Uganda. margin: 0 .07em !important; } metaWord : "", 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. 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. In June, Finance minister Matia Kasaija delivered the 2017/18 National Budget, which re-emphasised the importance of the National Financial Inclusion Strategy. 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. In a bid to redefine customer experience, Centenary bank has come up with a new CenteVisa debit Card. QR payments solution launched to help provide simple and affordable payments for people and businesses in Uganda. “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. img.emoji { » Centenary Bank and Mastercard partnership will transform Uganda’s Economy. “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.”. language : "en", Fintechfutures.com. title : "Centenary Bank and Mastercard partnership will transform Uganda’s Economy", The CenteVisa card is a globally accepted card that operates using Chip and Pin technology, which provides enhanced security. background: none !important; 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. 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. M-KOPA, which already provides affordable, safe and clean energy to three million people in East Africa […] 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. siteName : "Newsroom", Please enter your username or email address to reset your password. 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. subsection : "Press Releases", 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. Kampala, Uganda | GODFREY SSALI | MasterCard and Centenary Bank have unveiled a personalized debit card in Uganda dubbed the Masterpass QR. The ground breaking 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,” said Mr. Fabian Kasi, Managing Director Centenary Bank. //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? 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. 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. region : "mea", Loan Period. “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. 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. “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. It has 1.3 million customers many of which are in the agricultural sector. Retrieved 6 June 2020. /* ]]> */ 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. 0800 200 555 Loan Calculator Amount. Today it is one of the largest banks in Uganda with 62 branches across the country and 146 ATMs. 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 pact was signed yesterday at the Annual Bankers’ Conference, which took place at Kampala Serena Hotel. Find out what works well at Centenary Bank from the people who know best. height: 1em !important; 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. var di = { Mastercard Communications Contact: Geraldine Grealey geraldine.grealey@mastercard.com. 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. 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. “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. The CenteVisa card is a globally accepted card that operates using Chip and Pin technology, which provides enhanced security. Mastercard (NYSE: MA), http://www.Mastercard.com, is a technology company in the global payments industry. var ajaxurl = {"ajax_url":"https:\/\/newsroom.mastercard.com\/mea\/wp-admin\/admin-ajax.php"}; (d.textBaseline="top",d.font="600 32px Arial","flag"===a? 29 December 2017. googletag.pubads().enableSingleRequest(); This comes after the roll out of internet banking, and is a step towards enhancing customers’ convenience in accessing financial services. ↑ "Uganda: Centenary Bank Signs Deal With Worldremit". We have been trusted by over 1.4 million customers, a third of the total banking population in Uganda. Centenary Bank Communications Contact: Ms. Allen Ayebare, allen.ayebare@centenarybank.co.ug. Centenary Bank and MasterCard have signed an agreement to boost the National Financial Inclusion Strategy aimed at bringing more Ugandans into the financial system through savings and payments. 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