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Tag Archives: Absa

African banks take over after international lenders exit

 Local financial companies are capitalising on the opportunities left by international banks exiting Africa yet continue to struggle with the gap between perceived and actual risks in the market. SPECIAL REPORT | BIRD AGENCY |  In early 2022, UK-headquartered Standard Chartered Bank announced it was exiting five African countries and …

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Absa expands access to credit cards

Kampala, Uganda | THE INDEPENDENT | In a bid to expand access to credit card services in Uganda, Absa Bank Uganda has launched two new credit card digital innovations named ‘Buy Now, Pay Later’ and ‘Credit Card-Initiated Payments’. ‘Buy Now Pay Later’ will enable customers to make payments off their credit …

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Absa unveils mobile payement solution for SMEs

Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has unveiled the Absa Mobi Tap functionality, which allows Micro, Small, and Medium-Sized Enterprises to use their smartphones as Point-of-Sale machines. The functionality was unveiled during a launch event held at the National Theatre and will enable small businesses to accept card-based …

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