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Home Business

Absa to reward customers with cash prizes for card transactions

by Michael Kironde
in Business
Reading Time: 2 mins read
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Customer numbers grow to 12.2 million as Absa Group posts impressive 2023 results
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Absa customers who use their Absa Debit or Credit Cards for at least five transactions monthly stand a chance to win cash prizes through a new campaign dubbed shs 200 million can change your story”.

“Absa is committed to delivering convenient and seamless payment solutions, providing digitalized banking solutions that are ahead of the competition. With the Absa Debit or Credit card, customers can conveniently pay for goods, services, subscriptions, travel and any other expenses both in- store and online. We want to become known as a bank with a human centred approach to banking, and which provides a seamless customer experience,” said Musa Jallow, Retail and Business Banking Director at Absa Bank Uganda.

All Absa card holding customers are eligible to participate and are required to simply continue to
use their Absa debit or credit cards to pay for goods and services a minimum of five times a
month to stand a chance to win shs10 million.

A total of five customers will be rewarded monthly between September and December 2024 with a total of shs200 million .

“Through this campaign, we will now reward customers for choosing their card as their preferred
payment method. With their card they are choosing an affordable, secure, reliable and convenient
solution. Today’s customer lives in a fast-paced world and expects a bank to provide these benefits and more to suit their modern lifestyle. At Absa, we offer a host of card solutions for customers from all walks of life with a range of added value through our rewards and benefits. We pride ourselves on delivering sustained innovation, best in class products, and continued improvement of our digital capabilities,” Jallow added.

According to data from Bank of Uganda, more Ugandans are using digital payment channels to
complete their transactions with a total of Shs 581 billion transacted through debit card payments
in the last quarter of 2023, an increase from Shs 531 billion between July and September 2023.

“With a focus on digital, we are also continually establishing our cyber security measures
endeavouring to stay one step ahead to safeguard customer investments. This is a continuous
process, and we continue to put in place cutting-edge technologies, to ensure our encryption
measures are not just robust for today’s standards but are also prepared for tomorrow’s
challenges,” he concluded.

Tags: Absa Bank UgandaAbsa cash prize campaignAbsa Credit Card benefitsAbsa customer rewardsAbsa Debit Card promotionBank of Uganda digital transactionsCash prizes for card transactionsCybersecurity measures in bankingDigital banking solutions UgandaFinancial innovation UgandaOnline payment convenienceSecure transactions UgandaShs 200 million can change your storyUgandan debit and credit card usageWin cash with Absa card
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Michael Kironde

Michael Kironde

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