Header Ads

UBA bans use of its debit cards for porn, Jewellery purchase, betting e.t.c

One of Nigeria's biggest banks United Bank for Africa, UBA, has released a memo banning the use of their ATM cards for porn, buying jewellery, betting, etc.

Henceforth, porn lovers jewellery freaks, gamblers and their likes will no longer be able to use their cards on their favourite sites. (Isn't that a terrible thing?)

In a mail titled "we want you to transact safely", the bank revealed that its debit cards have been restricted from transacting on the sites aforementioned. They mail sent out on Thursday 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;
-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, they said.

No comments:

Powered by Blogger.