I&M Financial institution Uganda and Mastercard are working collectively to remodel the banking expertise for Ugandan prospects

Sarah Smith

World Courant

I&M Financial institution Uganda has introduced its strategic partnership with Mastercard, a worldwide chief in digital funds and know-how. The partnership goals to revolutionize the banking expertise for patrons by driving digital transformation and bettering fee safety by means of superior digital fee options.

The financial institution will launch a spread of latest I&M playing cards, together with the I&M Commonplace Debit Mastercard, I&M World Debit Mastercard and I&M World Elite Debit Card, which is able to supply enhanced options and performance that can considerably remodel the client expertise. and the way they handle their funds and make funds.

Recognizing the rising significance of fee safety within the digital panorama, I&M Financial institution and Mastercard will prioritize the implementation of strong safety protocols to guard buyer transactions throughout digital funds.

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“This partnership displays our dedication to embracing digital innovation and bettering the comfort and safety of our prospects’ monetary journeys. By leveraging Mastercard’s experience and superior fee options, we intention to revolutionize the best way our prospects financial institution and transact,” mentioned Sam Ntulume, Performing Managing Director of I&M Financial institution Uganda.

Along with enhanced safety measures, holders of I&M World Elite Debit playing cards will get pleasure from unique advantages tailor-made to their way of life. These advantages embrace free journey insurance coverage for airline tickets, entry to pick airport lounges and enticing reductions at collaborating motels worldwide. These privileges are supposed to boost the journey experiences of I&M Financial institution prospects and supply added worth to their banking relationships.

“Mastercard’s superior know-how, mixed with I&M Financial institution’s dedication to customer-centric innovation, will allow prospects to embrace digital transactions with confidence. Collectively, we’ll drive monetary inclusion and supply our prospects with secure and handy banking experiences,” mentioned Annette Nakiyaga, Head of Communications and Company Affairs at I&M Financial institution Uganda.

“We’re excited to companion with I&M Financial institution Uganda to launch this new vary of playing cards geared toward remodeling digital funds for cardholders in Uganda. At Mastercard, we share I&M Financial institution’s imaginative and prescient to allow prospects to embrace the advantages of digital transactions by making transactions safe, seamless, handy and rewarding,” mentioned Shehryar Ali, Senior Vice President and Nation Supervisor for East Africa and the Indian Ocean Islands at Mastercard.

The collaboration between the 2 trade leaders marks a serious milestone within the monetary trade’s journey to digital transformation, redefining the banking expertise and setting new requirements for buyer comfort, fee safety and monetary innovation.

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About I&M Financial institution Uganda

I&M Financial institution Uganda launched its operations in Uganda on November 8, 2021 following the acquisition of Orient Financial institution. I&M Financial institution Uganda is a part of I&M Group PLC. I&M Group PLC was included on August 16, 1950 and is listed on the Nairobi Securities Alternate (NSE). I&M Group is diversified with pursuits in banking, insurance coverage, company finance consultancy and actual property and has subsidiaries in Kenya, Rwanda, Uganda, Tanzania and Mauritius. The Group prides itself on its robust values ​​and strengths in revolutionary providers and robust buyer relationships. By way of these pillars, the Group goals to be “East Africa’s main monetary companion for development” by providing revolutionary and market-driven banking options to its goal market. segments.

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I&M Financial institution Uganda and Mastercard are working collectively to remodel the banking expertise for Ugandan prospects

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