- Empowering Ugandans to make purchases online, to make purchases from the convenience of their homes on phone
- Funded directly through the Chipper digital wallet, which people can load using mobile money, customers using the card in Uganda can now make international transactions that require a card payment.
Financial Technology (FinTech) stakeholders are calling for the adoption of cashless financial transactions to enable more Ugandans participate in the global economy.
Moses Mugerwa, the Growth and Marketing Manager Chipper Technologies Uganda made the call during the launch of a virtual card in Uganda that is mobile Phone enabled dubbed, the Chipper UGX Card at the innovation village in Ntinda, Kampala
“We are launching a virtual card that sits on your phone to minimize the hustle that comes with losing our cards and getting police statement plus the struggle of transferring funds. Often times we’ve had incidences where we struggle when our cards are lost and they tell you to bring a police statement or if you want to load money to your card and you have to go through a process,” said Mugerwa.
According to Tumuramye Dan, the Chipper Cash country manager, “to ease cash transactions, Chipper Cash is now using its proven digital wallet and card capability to empower Uganda and connect customers to the global economy. Users of chipper can now invest in local stock. Furthermore, users can pay all utilities on chipper wallet for free, there is no need to pay for the utilities,” he said.
He also reiterated that the Chipper Card is regulated and licensed by the Bank of Uganda meaning that all monies, and transactions on the Chipper Card are safe and sound on the Chipper Wallet.
The service provides Chipper Cash customers with a fast and free access to a digital Visa card product without the need for a bank account. Funded directly through the Chipper digital wallet, which people can load using mobile money, customers in Uganda can now make international transactions that require a card payment.
Relatedly, the firm, through the “Spend to Win” campaign selected Ellen Magezi, a 27-year-old aeronautic engineer who works in Nakasongola, from a pool of Chipper Cash early adopters to travel to Qatar to watch the World Cup on an all-expenses paid trip.
“Traveling and sports are my passions and I have been hoping for the day I would have a chance to watch the World Cup . When the Chipper Card launched in Uganda, I was one of the first users because I love shopping for things online" ,said Magezi.
The marketing manager at Chipper Cash Uganda emphasized that the purpose of having the campaign was solely because they are a brand based in Africa and therefore they root for African teams, the reason for sponsoring the winners for a fully paid trip.