United Bank for Africa (UBA) Cameroon has emerged the winner of the prepaid innovative product of the year award at the Prepaid Summit Middle East event in Casablanca Morocco, sponsored by the electronic payment company, Visa.
UBA Cameroon won the award for a cobranded Student ID Visa Prepaid concept that aims to provide students with a multi-function Visa card. The card, which serves as an ID for student, contains vital information such as the department, university year and can also be used internationally.
“I am very happy that UBA Cameroon has been recognised for its efforts in support of the development of electronic payments,” said Mohamed Touhami El Ouazzani, GM of Visa for Morocco and Francophone Africa.
The emergence of UBA prepaid Visa card has seen the bank sign three partnerships with Université de Douala, Université de Yaoundé 1 and Université de Yaoundé 2.