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Absa launches card-to-card Visa transfers

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Absa Uganda has launched Absa Card Send, a solution on the bank’s mobile banking app that will allow its customers to send and receive funds from their Absa Visa card to any other Visa card across the world seamlessly.

Spealing during the launch at their headquarters in Kampala, Absa Retail and Business Banking Director, Musa Jallow said that as an industry leader in the digital finance space, Absa continues to scale up innovations of financial products to speak to today’s digitally conscious customer who has instant access to almost everything, news, shopping, interactions, and now, money too.

“To be able to send money, our customers have previously relied on third-party platforms like money transfer services, which they often have to visit physically. This product comes in to break these barriers to sending and receiving money, that transcends physical borders and save time and money in the process,”Jallow said.

According to the bank officials, the  Absa Card Send service enables cashless transactions in real time was created to support and empower the enterprising spirit of our customers who are making moves on the go and do not want to be bogged down by delays that are typical in the financial sector

“We recognize that the unique and evolving needs of our customer often mean they have to transact cross borders for both business and personal financial needs. We know our customers want to compete and leverage opportunities at a global stage and so we have made that possible for them. We set ourselves the bold challenge to remove the barriers that getting in the way of the progressive nature of our customers. And that is how this product was collaboratively born between ourselves and our partners Visa whose platform makes this possible,” Jallow said.

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Chad Pollock, the General Manager and Vice President for Visa in East Africa said the new innovation is meant to bring about convenience for customers.

“Visa is proud to be a technological enabler championing solutions for the African and Ugandan enterprising spirit that is leveraging technology to realise global aspirations. The Absa Card Send product made possible by Visa will  broaden the money transfer infrastructure and create a more inclusive environment, because now everyone with a debit card can transact, any time, anywhere”  Pollock said.

 

 

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