Overview:
Interswitch and Centenary Bank collaborate to bring essential banking services, including deposits and withdrawals, closer to communities through Quickteller's extensive network.
KAMPALA— Interswitch Uganda, a prominent financial technology services provider, and Centenary Bank, one of Uganda’s leading financial institutions, have announced a strategic partnership aimed at boosting convenience and accessibility for bank customers.
The collaboration will allow Centenary Bank customers to access a variety of banking services at more than 20,000 Quickteller agent locations across Uganda. Quickteller, an Interswitch product, manages a vast agent network that handles various financial transactions, including bill payments and mobile money services. It will now also offer agency banking for Centenary Bank customers.
This partnership enables Centenary Bank customers to conduct essential banking transactions, such as deposits, withdrawals, and account openings, conveniently at any Quickteller agent location. By leveraging Quickteller’s widespread network, both organizations aim to bring banking services closer to communities, especially in underserved and unbanked areas. This initiative highlights their commitment to expanding financial inclusion and improving service accessibility throughout Uganda.
Moris Seguya, Country General Manager for Interswitch Uganda, said, “This partnership reflects our dedication to providing seamless digital and physical financial solutions that meet the evolving needs of customers. We are excited to collaborate with Centenary Bank to deliver innovative services through the Quickteller platform.”
Dr. Fabian Kasi, Managing Director of Centenary Bank, noted, “While our plan is ambitious, we cannot do it alone. We partner with like-minded institutions and people to achieve such goals. One of such partners is Interswitch, who we have worked with before and continue to work with in such ventures. Centenary Bank and Interswitch have a long-standing relationship that has and continues to make strides in the financial inclusion space through services under digital banking channels. This has created a great impact in bringing services closer to our customers across the country.”
The partnership will provide Centenary Bank customers with secure and convenient access to banking services at Quickteller agent locations, even beyond traditional banking hours.