News

UBA Bans The Use Of Its ATM Cards For Betting, Porn, Dating And Escort Services – Details

United Bank for Africa (UBA) says its customers can no
longer buy jewellery, bet or watch access pornography sites with the
bank’s card.

In a
mail titled “we want you to transact safely”, and sent to customers on
Thursday evening, the bank, which is one of the biggest in the country,
said its debit and prepaid cards are now restricted from carrying out
such transactions.
“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-Pornography-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,”
the bank said.

1 Comment

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

To Top