The United Bank of Africa ( UBA ) has placed a restriction on the use of its debit and prepaid cards for purchasing of certain items such as Betting, pornography, dating and escort services.
This was disclosed through their official email address, cfc@ubagroup.com, the mail was entitled, “We want you to transact safely,” the items under restrictions include jewellery, p*rnography, dating and escort services.
It was learnt that the bank also forbids the use of its cards for all
sorts of betting – including buying lottery tickets, casino gaming
chips, off-track betting and wagers (bets).
The email 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;
-Jewellery
-P*rnography
-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.
Thank you.
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