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Tag Archives: Mastercard

NSSF steps up support to local firms to boost their competitiveness

    Kampala, Uganda | THE INDEPENDENT |  The National Social Security Fund (NSSF) has put in place initiatives to support local firms’ capacity, growth and competitiveness for better business opportunities. The initiatives that are already in practice include, the NSSF Suppliers Forum, access to finance through advance payments for high …

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Airtel, Mastercard introduce Virtual Debit Card

Kampala, Uganda | Julius Businge | Technological advancements, innovations continue to emerge in the world economy to facilitate transactions and related services across sectors of life. On Jan.11, Airtel Uganda, in partnership with Mastercard introduced a virtual debit card offering to enable customers transact online globally. The virtual (non-plastic) card allows …

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Mastercard announces new programme for fintechs

Kampala, Uganda |  THE INDEPENDENT | JULIUS BUSINGE | Mastercard, a global technology company in the payments industry, has launched Fintech Express in the Middle East and Africa, a program designed to facilitate emerging fintechs’ launch and expansion, it said in a Sept.29 statement. Leveraging the power of partnerships and Mastercard’s …

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High ATM charges blamed on foreign switch providers

Kampala, Uganda  | THE INDEPENDENT |  Ugandans are paying way too much to use their cards at different Automated Teller Machines with commercial banks blaming the issue of foreign switch providers and the cost of moving money. The switch service providers, including Visa, China Union Pay and MasterCard enable one to …

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MasterCard platform to link farmers to buyers

Kampala, Uganda | THE INDEPENDENT | Small scale farmers across Uganda can now access a digital platform for market, inputs and buyers of their produce thanks to a new partnership between Financial services firm MasterCard and US African Development Foundation (USADF). USADF, a United States government Africa agency, will work …

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