Diamond Trust Bank to offer Mastercard solutions

July 18, 2018 in Business, Companies, Finance, Financial Services by Editor

July 18, 2018—Diamond Trust Bank Uganda (DTB) has announced that it will be offering Mastercard’s premium card payment solutions including the Mastercard Gold Debit Card and Platinum Credit Card.

Varghese Thambi, DTB Uganda managing director said on Wednesday, “The introduction of the debit and credit card solutions is in support of introducing innovation to the banking sector, enhancing the consumer experience and boosting payment security for the benefit of all citizens.”

Premium bank customers that qualify for the two card solutions will be able to use their payment cards at acceptance locations across the country, as well as millions of locations around the world, or for online purchases.

The Division President, Sub-Saharan Africa, Mastercard, Raghav Prasad said, “Mastercard is committed to introducing premium solutions in Uganda, and our partnership with DTB in the country and across Africa is helping us achieve this goal. Ugandan’s are demanding enhanced banking experiences that are safe and easy to access and use.”

According to DTB Uganda officials, cardholders will have peace of mind that their payment cards are protected by Mastercard’s global standard in security, with both cards enabled with EMV Chip and Pin technology.

The roll out of the solutions is in line with the Bank’s Digital Strategy. DTB currently provide multiple digital channels such as Mobile Banking, Internet Banking, Mobile Merchant Payment services (PAYEASY), Digital Tellers (Intelligent ATMs) in addition to Digital Lobbies at branches.