BancABC introduces four currency Visa cash card

04Jul 2016
Our Reporter
The Guardian
BancABC introduces four currency Visa cash card

BANK customers can now obtain Visa cash cards which with easy access to load through mobile money such us TigoPesa, Airtel Money and M-Pesa.

BancABC Head of Retail and Business Banking, Joyce Malai (l) briefs the visitors to her bank recently. (File photo)

Speaking in Dar es Salaam, the BancABC Head of Retail and Business Banking, Joyce Malai said the card can be used by customers and non-customers who do not hold accounts with BancABC.

Malai said the introduced Visa cash card greatly saves clients the risk of carrying around significant amounts of cash in and out of the country.

“It is also very convenient for point of sale purchases and internet online transactions,” she said at BancABC’s pavilion at the ongoing 40th Dar es Salaam International Trade where the Visa cash card is formally being introduced to customers.

“This card will eliminate the inconveniences and insecurity of carrying cash around and you do not need to open an account with BancABC to have one,” she said.

With the card, customers will be able to access their cash at over 400 Visa branded ATM’s in the country and 1.3 million Visa branded ATM’s worldwide.

In addition, customers can also do purchases from over 1,000 Visa merchant and over 35 million Visa merchant retail outlets worldwide.

“We have received great feedback from our customers who have children studying abroad as the monthly up keep is very handy and affordable at no extra remittance cost,” she noted.
Head of Marketing at BancABC, Upendo Nkini said the card’s features include allowing holders access to online purchase, assured security and easy to carry.

Nkini said the card comes in four currencies including the local shilling, US dollars, British pound sterling and South African rands.

“The cards will be available at our Saba Saba booth or visit any of our branches at Uhuru heights, Kariakoo, Quality Centre and Arusha branches,” she said.

Atlas Mara acquired BancABC in June 2014 growing its foot prints in Tanzania, Botswana, Mozambique, Zambia and Mozambique. It then acquired two banks in Rwanda (BRD commercial and BPR) which are have merged and are currently operating under BPR part of Atlas Mara.

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