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UBA Confirms Ban On Debit Card For Purchase Of Jewelry, Betting - Business - Nairaland

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UBA Confirms Ban On Debit Card For Purchase Of Jewelry, Betting by amoss: 10:01am On Aug 25, 2017
The United Bank of Africa ( UBA ) confirmed it had restricted the use of its debit and prepaid cards for certain transaction.

In informed its customers via an email that the bank will no longer allow customers use their cards for the transaction which includes purchase of Jewellery, P*rnography, Dating and Escort Services, Betting (including lottery tickets, casino gaming chips, off-track betting and wagers).


The email titled “We want you to transact safely,” was routed through its official email address, cfc@ubagroup.com .

PaegOne reached out to UBA via one of its social platform, and in a swift response, the bank confirmed the news.

The email to customers reads:-

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;

-Jewellery
-P*rnography
-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.

Thank you.



Read more http://pageone.ng/2017/08/25/uba-bans-debit-card-jewelry-betting/
Re: UBA Confirms Ban On Debit Card For Purchase Of Jewelry, Betting by Josephjnr(m): 10:02am On Aug 25, 2017
Wahala! Person get em money,e no fit use am as e want?

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Re: UBA Confirms Ban On Debit Card For Purchase Of Jewelry, Betting by amoss: 11:24am On Aug 25, 2017
That one na gobe

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