UBA Debit And Prepaid Cards Restricted From Carrying Out Transactions Like Betting, Pornography, Jewelry Purchase And Others

If you are banking with UBA, note that 'the United Bank for Africa (UBA) has declared that its customers can no longer buy jewellery, bet or watch access pornography sites with the bank’s card.

This was stated in a mail sent to it's customers on the Evening of Thursday 24th August, titled “we want you to transact safely”.

It read;
"We wish to inform all cardholders that we have placed restrictions on the Bank’s debit and prepaid cards from carrying out transactions with merchants that are transacting on the following business categories;-Jewellry
-Dating and Escort Services
-Betting (including lottery tickets, casino gaming chips, off-track betting and wagers).This has become necessary with the increased need to protect our customers and the institution from fraud, litigation and reputational damages,”
Share on Google Plus

About Mimi


Post a Comment