Xente partners with Visa and Ecobank Uganda to launch Visa Business cards

Visa credit cards provide cardholders with convenience and security and can be used at merchants and automated teller machines (ATMs) around the world. The account number and cardholder's name are embossed or printed on the front of a Visa card. The card also has a special three-digit validation code on the back.

Due to that Xente a financial technology platform in Uganda that offers business payments solutions partnered with Visa, the global leader in digital payments to issue virtual and physical Visa business cards across businesses by enabling them to make payments to online and offline vendors, disburse money, and manage business expenses.


According to Allan Rwakatungu Xente's Founder and CEO, this card is the first one from a Fintech company in East & Central Africa that is to help finance and accounting teams manage this complexity in a one-stop platform. He said they will save companies a lot of money and countless person-hours with the use of this launched card.

For this card to work, a bank was needed. Enter Ecobank Uganda, according to their Managing Director Muliisa B Grace, the bank knows financial inclusion can ultimately contribute to economic development. That this collaboration to issue the Xente Visa Business Cards is a further demonstration of Ecobank's commitment to providing affordable, simple, and innovative solutions for corporates across Africa which is a key strategic driver toward achieving their goal as a bank.

By Ruth Kiconco for Rystar News

 

Comments

Post a Comment

Popular posts from this blog

Unveiling NTV's Priscilla Regina Nalwoga Uganda's rising media talent

Image
Regina Priscilla Nalwoga is a media personality whose stardom is evidently on an upward trend on Uganda's Television airwaves. She is a News Anchor on NTV Uganda where she hosts a daily news show "NTV AT ONE" during the prime-time Lunch hour from 1:00 PM every weekday in the afternoon (Mondays to Fridays). She joined the Nation Media Group (NMG) after she had gained her on-screen reputation from UBC TV. Priscilla also hosts #MorningAtNTV Her Television career began recently when she made her first appearance in September of 2020 on the National broadcaster Uganda broadcasting Corporation (UBC). She was at Uganda's oldest TV station for one year and four months before she joined her present job at NTV Uganda. When she is not anchoring news on Television, Priscilla also doubles as a Radio presenter on one of Uganda's finest Christian radio stations, the Watoto-owned Power 104.1 FM.  Nalwoga is a show host for Beyond the Game sports Show that she has been actively do
Read more

Meet Sylvia Mulinge, MTN Uganda’s new & first female CEO

Image
LADY OF THE WEEK:  Sylvia Mulinge, MTN Uganda’s first female CEO who began her term in office this month Ms Sylvia Wairimu Mulinge is the newly appointed Chief Executive Officer of MTN Uganda, replacing Mr Wim Vanhelleputte who has been promoted to a regional role as operating executive for the WECA Markets of Liberia, Guinea-Conakry, Guinea-Bissau, and Congo-Brazzaville within the MTN Group. Sylvia has been the Chief Consumer Business Officer at telecom giant Safaricom Plc Kenya. Mr. Charles Mbiire the Chairman of the Board of Directors MTN Uganda, said: “I would like to welcome Sylvia Mulinge to MTN Uganda. I believe that her experience will be beneficial to MTN, particularly given her alignment to our strategic intent of leading digital solutions for Africa’s progress. The Board is confident that Ms. Mulinge will continue the work of growing the Company as a leading provider of telecommunications and digital solutions.” This week on #RystarLadies we focus on her career as a to
Read more

Tech company Copia Global announces new leadership appointments to support growth strategy

Image
Copia Global announces new leadership appointments to support growth strategy NAIROBI– Copia Global has announced new appointments to its leadership as the organisation deepens its focus on regional growth and continues to pursue its expansion strategy. The company has today announced the appointments of Caren Robb as GlobalChief  Financial Officer, Mike King as Chief Technology Officer,  as well as the appointment of in-house leader Dominic Dimba to Managing Director, East Africa with immediate effect. Caren Robb is Copia Global's newly appointed Global Chief  Financial Officer. “These new appointments position Copia for long term success, while enabling us to  deliver on our ambitions and create more value for our customers, communities and  shareholders,” said Tim Steel, CEO, Copia Global. “These highly talented leaders will  provide additional global perspectives and regional experience across key facets of our  business.” Copia Global is the only B2C platform providing e-comme
Read more