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Wednesday 31 August 2016

BANCABC WINS VISA AWARD FOR LEADING IN ONLINE TRANSACTIONS


BancABC Head of Self Service Channels, Silas Mtoi (first right) briefs journalists about the 'Visa Travel Money' card at a press conference in Dar es salaam today. He is flanked by the Bank’s Head of Retail and Business Banking, Ms. Joyce Malai (centre) and Head of Marketing, Ms Upendo Nkini. 
Dar es Salaam, 31st August 2016. BancABC’s innovation and dedication towards facilitating secure online transactions in Tanzania, has been recognised by Visa with an award for the most online transactions and activations.

The bank’s Head of Retail and Business Banking, Ms. Joyce Malai, confirmed the news to the media during a press briefing held at the bank’s head offices. “We are pleased to have received this award in such a competitive market and it shows how committed we are to serving our customers and ensuring that we make their transactions easier.” said Ms. Malai.

She said, in the endeavour to promote safe and secure online transactions, anyone can own the Visa card regardless of whether they have an account with the bank or not. Ms. Malai explained that BancABC Visa Cash Card is an easily reloadable pre-paid card that eliminates the inconveniences and insecurity of carrying cash around.

The card can be used to do a number of various transactions such as paying for airline tickets, wages and per diems for employees, school fees and living expenses for students, grants and loans by governments, tourist park fees, etc. All one needs is a valid identification and then fill a simple application form at any of its branches. 

She added that customers can easily load and re-load the card through mobile money such us TIGOPESA, AIRTELMONEY or MPESA as well as through other banks across Tanzania. “We believe that these unique features of this product is what has attracted customers and thus the recognitions from Visa,” she said.

According to the Head of Marketing for BancABC, Ms Upendo Nkini, the card comes in five different currencies which are TZS, USD, GBP, EURO and RAND “Apart from enabling holders to make online purchases over the internet, the card also allows people to access their money anywhere at over 400 Visa-branded Automated Teller Machines (ATMs) in Tanzania , over 1.3 million Visa-branded ATM’s worldwide and one can do purchases from over 1,000 Visa merchants in Tanzania and over 35 million Visa merchant retail outlets worldwide. 

To get one simply e mail us on customercaretz@bancabc.com
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 have merged and are currently operating under BPR part of Atlas Mara. 

About ABC Holdings

ABC Holdings Limited is the parent company of a number of sub-Saharan Africa banks operating under the BancABC brand, which offers a diverse range of financial services including personal, business and corporate banking, as well as asset management, stockbroking, and treasury services.
In 2014, Atlas Mara acquired a significant majority stake in ABC Holdings. Guided by its core values of professionalism, people, innovation, passion and integrity, BancABC is pursuing its vision to be the preferred banking partner in Africa by offering world class financial solutions – to the benefit of all its stakeholders.


About Atlas Mara 

Atlas Mara was listed on the London Stock Exchange in December 2013.  Atlas Mara's vision is to create sub-Saharan Africa's premier financial services institution through a combination of its experience, expertise and access to capital, liquidity and funding. Its goals are to combine the best of global institutional knowledge with extensive local insights and to support economic growth and financial inclusion in the countries in which the Company operates.

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