United Bank for Africa (UBA) has taken a big step towards controlling the use of debit cards on Porn sites, making transactions on betting sites, and buying of jewelry.
This step was taken to better protect their customers against has become necessary with the increased need to protect our customers from fraud, litigation, and reputational damages.
In a mail titled “we want you to transact safely”, and sent to customers on Thursday evening, made it known that use of its debit and prepaid cards are now restricted from carrying out such transactions.
The message said,
“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)
