• About
  • Contact
Wednesday, October 4, 2023
  • Login
No Result
View All Result
NEWSLETTER
Now Then Digital
27 °c
Ashburn
30 ° Mon
31 ° Tue
32 ° Wed
29 ° Thu
  • HOME
  • NEWS
  • POLITICS
  • BUSINESS
  • TECH
    threads app

    Meta Launches Threads, Its Text-Based Twitter Competitor, While Delaying European Release

    144hz laptop gaming

    Ultimate Guide to Choosing the Best 144Hz Laptop for Gaming and Productivity

    Dell XPS 15 The Ultimate 4K Laptop

    The Best 4K Laptops of 2023: Performance, Display, and Portability

    launched the Infinix Note30 series

    Airtel Uganda and Infinix Launch Infinix NOTE30 Series

    Airtel Uganda Partners with Infinix to Boost Smartphone Adoption

    Telecom Company Airtel Uganda Partners with Infinix to Boost Smartphone Penetration

    Apple Vision Pro launched

    Apple Unveils Apple Vision Pro: A Revolutionary Spatial Computer Redefining User Experience

    Trending Tags

    • Sillicon Valley
    • Climate Change
    • Election Results
    • Flat Earth
    • Golden Globes
    • MotoGP 2017
    • Mr. Robot
  • ENTERTAINMENT
    • All
    • Movie
    • Music
    • Sports
    Awards

    The Future Awards Africa 2023 Nominees Announced: Ayra Starr, Asake, and More in the Running

    sponsor

    Uganda Open Golf Championship Returns: Johnnie Walker Unveiled as Title Sponsor

    Nakazibwe

    Faridah Nakazibwe Reportedly Departs NTV Uganda After 17-Year Tenure

    camera

    Celebrating Ugandan Cinema: Matatu Film Stage Returns for its Second Edition

    spotify

    Spotify Launches Global Jam Feature for Real-Time Group Listening Experience

    music

    Nigeria’s Musical Pioneers and Rising Stars: Apple Music’s Top 10 Nigerian Artists

    Comedian

    MC Kapale, Renowned Comedian, Seals Union with Mzungu Partner in a Heartfelt Proposal

    mbabazi

    Rahma Nakands Vows to Release Videos Supporting Alleged Capital FM Affair Claims

    intimate affair

    Capital FM Uganda Denies Allegations of CEO’s Intimate Affair with Lucky Mbabazi

  • LIFESTYLE
    • All
    • Fashion
    • Food
    • Health
    • Travel
    Chioma Nnadi replace Edward Enninful at British Vogue

    Chioma Nnadi Appointed to Lead British Vogue

    carnivore diet meal plan

    The Ultimate Carnivore Diet Meal Plan: Optimize Your Nutrition and Health

    how to tell if apples have gone bad

    Apple Storage 101: How Long Can You Keep Apples Fresh in the Fridge? Find Out Now!

    what can cause vulvar ulcers

    Understanding Vulvar Ulcers: Causes, Symptoms, and Treatment Options

    how to test for lyme disease

    How to Test for Lyme Disease: Comprehensive Guide and Methods

    E-Commerce Scholarships to Apply For in 2023-2024

    Top 3 Digital Marketing and E-Commerce Scholarships to Apply For in 2023-2024

    is david muir gay

    Is David Muir Gay? Unraveling the Rumors and Clarifying the Facts

    steves

    Exploring the World with Rick Steves: The Journey of an American Travel Writer

    what are the 4 stages of rheumatoid arthritis

    Treatment Options for Rheumatoid Arthritis at Various Stages

    what are symptoms of rheumatoid arthritis

    Early Signs and Symptoms of Rheumatoid Arthritis: Recognizing the Warning Signs

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • TIPS & ADVICE
  • HOME
  • NEWS
  • POLITICS
  • BUSINESS
  • TECH
    threads app

    Meta Launches Threads, Its Text-Based Twitter Competitor, While Delaying European Release

    144hz laptop gaming

    Ultimate Guide to Choosing the Best 144Hz Laptop for Gaming and Productivity

    Dell XPS 15 The Ultimate 4K Laptop

    The Best 4K Laptops of 2023: Performance, Display, and Portability

    launched the Infinix Note30 series

    Airtel Uganda and Infinix Launch Infinix NOTE30 Series

    Airtel Uganda Partners with Infinix to Boost Smartphone Adoption

    Telecom Company Airtel Uganda Partners with Infinix to Boost Smartphone Penetration

    Apple Vision Pro launched

    Apple Unveils Apple Vision Pro: A Revolutionary Spatial Computer Redefining User Experience

    Trending Tags

    • Sillicon Valley
    • Climate Change
    • Election Results
    • Flat Earth
    • Golden Globes
    • MotoGP 2017
    • Mr. Robot
  • ENTERTAINMENT
    • All
    • Movie
    • Music
    • Sports
    Awards

    The Future Awards Africa 2023 Nominees Announced: Ayra Starr, Asake, and More in the Running

    sponsor

    Uganda Open Golf Championship Returns: Johnnie Walker Unveiled as Title Sponsor

    Nakazibwe

    Faridah Nakazibwe Reportedly Departs NTV Uganda After 17-Year Tenure

    camera

    Celebrating Ugandan Cinema: Matatu Film Stage Returns for its Second Edition

    spotify

    Spotify Launches Global Jam Feature for Real-Time Group Listening Experience

    music

    Nigeria’s Musical Pioneers and Rising Stars: Apple Music’s Top 10 Nigerian Artists

    Comedian

    MC Kapale, Renowned Comedian, Seals Union with Mzungu Partner in a Heartfelt Proposal

    mbabazi

    Rahma Nakands Vows to Release Videos Supporting Alleged Capital FM Affair Claims

    intimate affair

    Capital FM Uganda Denies Allegations of CEO’s Intimate Affair with Lucky Mbabazi

  • LIFESTYLE
    • All
    • Fashion
    • Food
    • Health
    • Travel
    Chioma Nnadi replace Edward Enninful at British Vogue

    Chioma Nnadi Appointed to Lead British Vogue

    carnivore diet meal plan

    The Ultimate Carnivore Diet Meal Plan: Optimize Your Nutrition and Health

    how to tell if apples have gone bad

    Apple Storage 101: How Long Can You Keep Apples Fresh in the Fridge? Find Out Now!

    what can cause vulvar ulcers

    Understanding Vulvar Ulcers: Causes, Symptoms, and Treatment Options

    how to test for lyme disease

    How to Test for Lyme Disease: Comprehensive Guide and Methods

    E-Commerce Scholarships to Apply For in 2023-2024

    Top 3 Digital Marketing and E-Commerce Scholarships to Apply For in 2023-2024

    is david muir gay

    Is David Muir Gay? Unraveling the Rumors and Clarifying the Facts

    steves

    Exploring the World with Rick Steves: The Journey of an American Travel Writer

    what are the 4 stages of rheumatoid arthritis

    Treatment Options for Rheumatoid Arthritis at Various Stages

    what are symptoms of rheumatoid arthritis

    Early Signs and Symptoms of Rheumatoid Arthritis: Recognizing the Warning Signs

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • TIPS & ADVICE
No Result
View All Result
Now Then Digital
No Result
View All Result
ADVERTISEMENT
Home Business

Equity Bank Uganda Joins Interswitch Network, Expanding Access to Banking Services

With this collaboration, Equity Bank customers can now use their cards at over 650 Interswitch enabled ATMs nationwide.

Ssendaza Ismail by Ssendaza Ismail
June 8, 2023
in Business, News, Uganda
Reading Time: 3 mins read
1 0
0
Equity Bank Uganda joins interswitch network

Financial Inclusion and Innovation

0
SHARES
12
VIEWS
Share on FacebookShare on Twitter

Equity Bank Uganda has partnered with Interswitch, a leading payments and transaction processing company, to provide faster and more affordable access to banking services for Equity customers.

KAMPALA, UGANDA | NOW THEN DIGITAL — Interswitch, a leading payments and transaction processing company in Africa, and Equity Bank have announced a strategic partnership aimed at driving innovation and expanding financial inclusion in the Eastern Africa region and beyond.

Financial experts highlight the significance of collaboration as a strategy to enhance services and make them more accessible.

Equity Bank Uganda interswitch network partnership
Collaboration for Financial Inclusion: Interswitch and Equity Bank Partnership

Equity bank’s partnership with Interswitch allows Equity bank cards to be used at the network of over 650 Interswitch enabled ATMs belonging to 17 local banks in Uganda. This collaboration will boost service delivery and provide affordable access to banking services.

Enhanced Access to Banking Services

As part of the partnership, Equity Bank customers will now have faster and more affordable access to banking services through over 650 Interswitch enabled ATMs across the country.

This move aligns with the industry’s objective to provide remote and digital access systems, such as ATMs, to reduce the reliance on traditional banking halls.

Expanding the Network

Equity Bank cards will be accepted on the network of over 650 Interswitch enabled ATMs belonging to 17 local banks in the country. This collaboration will not only improve service delivery but also facilitate affordable access to banking services for customers.

Youmight also like

Awards

The Future Awards Africa 2023 Nominees Announced: Ayra Starr, Asake, and More in the Running

October 3, 2023
dividend

Top Dividend Earners for NSSF in 2022/23 Financial Year Revealed

October 3, 2023
subscription

TikTok Tests Ad-Free Subscription in Limited English-Speaking Market

October 3, 2023
sponsor

Uganda Open Golf Championship Returns: Johnnie Walker Unveiled as Title Sponsor

October 3, 2023
ADVERTISEMENT

Cross-Border Transactions

Equity Bank Uganda ATMs will also accept bank cards from other participating local banks and institutions on the Interswitch network. This cross-border compatibility enhances convenience and promotes seamless transactions within the region.

Acquirer for Verve Cards

Equity Bank further expands its portfolio by becoming an acquirer for Verve cards, adding to the range of cards accepted at all Point-of-Sale machine locations and ATMs nationwide.

With approximately 250,000 Verve cardholders in Uganda, this development strengthens the bank’s position as a versatile financial service provider.

The Significance of the Partnership

Speaking at the press launch, Interswitch Country General Manager, Peter Kawumi, emphasized the value and timeliness of the partnership. He highlighted how Equity Bank will benefit from the broader ecosystem of financial institutions and their customers, enabling the attainment of service quality and competitive advantage.

Enhanced Cost-Efficiency

Kawumi noted that the partnership has significantly reduced the cost of transactions at ATMs and merchant locations.

For instance, Equity Bank customers can now enjoy withdrawal transactions at Interswitch enabled ATMs and customers of other financial institutions at Equity Bank ATMs with a reduction of over 60% in transaction costs. This substantial saving demonstrates the commitment to providing accessible, seamless, and affordable banking services.

Empowering Underserved Communities

Equity Joins InterSwitch

Equity Bank Managing Director Anthony Kituuka expressed enthusiasm about leveraging Interswitch’s expertise in digital payment solutions to extend their reach to underserved communities.

ADVERTISEMENT

He emphasized the bank’s commitment to delivering tailor-made products that address the financial needs of Ugandans, while also emphasizing the transformative potential of technology in driving economic growth and development.

Enhanced Customer Experience

Through this partnership, Equity Bank aims to offer its two million customers seamless and secure payment solutions. With Interswitch’s e-payment system, the bank strives to provide unparalleled convenience and efficiency, aligning with the evolving needs of customers in today’s fast-paced world.

Conclusion

The collaboration between Interswitch and Equity Bank represents a significant step towards driving innovation and expanding financial inclusion in the Eastern Africa region.

By leveraging technology and working together, these financial institutions aim to provide accessible, seamless, and affordable banking services to individuals and businesses, ultimately empowering communities and fostering economic growth.

We are pleased to announce a partnership with @interswitchug that will give our customers faster and more affordable access to banking services at over 650 Interswitch enabled ATMs countrywide.#EquityJoinsInterSwitch pic.twitter.com/ElzK6CC8VD

— Equity Bank Uganda (@UgEquityBank) June 7, 2023

It's official – we are now on Interswitch!

You can now use your Equity bank card at over 650 Interswitch enabled ATM machines. #EquityJoinsInterSwitch pic.twitter.com/MIGLjWdLtH

— Equity Bank Uganda (@UgEquityBank) June 7, 2023

Editor’s Note: Please contact press@nowthendigital.com if you find any of the content to be inaccurate or outdated. 

ADVERTISEMENT
Source: Now Then Digital
ADVERTISEMENT
Ssendaza Ismail

Ssendaza Ismail

A blogger that gives you the latest news and gossip on the hottest local and international celebrities. Previously, Ismail worked as a System Administrator at Pearl VoIP & 3GTelecommunication UK for 6 months as remote Network operations center engineer (NOC). Let's talk, WhatsApp: +256753659743

Recommended For You

Awards
Entertainment

The Future Awards Africa 2023 Nominees Announced: Ayra Starr, Asake, and More in the Running

by Bwetunge Ivan
October 3, 2023
dividend
Business

Top Dividend Earners for NSSF in 2022/23 Financial Year Revealed

by Now Then Digital
October 3, 2023
subscription
National

TikTok Tests Ad-Free Subscription in Limited English-Speaking Market

by Now Then Digital
October 3, 2023
sponsor
Sports

Uganda Open Golf Championship Returns: Johnnie Walker Unveiled as Title Sponsor

by Now Then Digital
October 3, 2023
ADVERTISEMENT

Related Articles

BAILANDO by Vinka on Apple Music

Vinka’s Latest Single “Bailando” Takes Apple Music by Storm

6 months ago
nowthendigital.com-18 healthy high fiber foods (1)

The 18 Healthiest High Fiber Foods for Your Digestive System

1 year ago
Airtel Uganda Secures 5G Spectrum

Airtel Uganda Secures 5G Spectrum for Kampala Deployment

2 months ago

Popular News

  • Gout

    7-Day Gout Diet: Avoiding Foods That Cause Gout While Managing It

    0 shares
    Share 0 Tweet 0
  • Uganda Open Golf Championship Returns: Johnnie Walker Unveiled as Title Sponsor

    0 shares
    Share 0 Tweet 0
  • Exploring DSTV Packages and Prices in Uganda

    1 shares
    Share 0 Tweet 0
  • Introducing the MTN Kabode Smartphone – What Is It and How Much Does It Cost?

    0 shares
    Share 0 Tweet 0
  • President Museveni Takes Bold Action to Regulate Money Lender Interest Rates

    0 shares
    Share 0 Tweet 0

Connect With Us

Join our Newsletter

Who We Are

NEWS CONNECTING UGANDA, KENYA, NIGERIA, SOUTH AFRICA TO THE WORLD

Now Then Digital publish news related to Politics, Entertainment, Sports, Finance and World News. It is owned by Now and Then Entertainment Media in Kampala, Uganda.

Sign Up For Our Newsletter

Now On Pinterest

cropped-william-ruto-declared-winner-in-kenya.webp

William Ruto Wins Kenyan Election

rwanda global innovation index 2022

Rwanda Is Among the Most Innovative Low-Income Economies

cropped-nowthendigital.com_Leading-Vibe-Radio-with-Tems-on-Apple-Music-1-1.webp

Singer Tems Joins Apple Music 1, Wizkid Releases ‘True Love'

From Our Partners

  • Editorial Policy
  • Disclaimer
  • Corrections Policy
  • Fact-Checking Policy
  • DMCA Policy

© 2023 Now Then Digital - News connecting Uganda, Kenya, Nigeria, South Africa to the rest of the world from Now Then Digital.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Entertainment
    • Movie
    • Music
    • Sports
  • Lifestyle
    • Fashion
    • Travel
    • Tech
  • Health
  • Food

© 2023 Now Then Digital - News connecting Uganda, Kenya, Nigeria, South Africa to the rest of the world from Now Then Digital.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.