United Bank for Africa (UBA) Cameroon has emerged the winner of the prepaid innovative product of the year award, for its innovative “Cobranded Student ID Visa Prepaid” concept, which aims to provide universities and students with a multi-function Visa card.
The card serves as an identification card for students, and contains information that identifies and indicates department and university year. This reloadable prepaid card, which is the first prepaid programme of its kind in Francophone Africa 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.