product term

Accepting card payments can transform your sales. As your bank, we can enable you to accept Mastercard and Visa card-based payments without any hassle. Reach out to our team via

  • Currency ( Settlement)- Uganda shillings and USD
  • DTB merchant services -purchase , reversals
  • Ability to accept different types of cards payments.
  • Increased sales opportunity derived from having an additional payment option.
  • Reduces cash management risks like theft, storage, and fake notes.
  • Our POS machine comes with a MOMO pay solution to support the customer interested in paying using mobile money.
  • Better record management since all transaction statements are shared via email on daily basis for faster reconciliation.
  • Purchase - nil
  • Reversals - nil
  • Commission – Merchant Service Commission ( MCC)
    • Merchant service fee of between 2% to 3%
    • The rate is determined by examining several factors not limited to the following code, account turnover, number of years in operation for business among others.
  • Administrative fees per month - USD 5
  • Below minimum balance charge - USD 20
  • Copy of business director’s National ID/passport
  • Recent colored passport photo of the directors
  • Certificate of Registration/Incorporation
  • Memorandum and Articles of Association
  • Copy of Business TIN
  • Trading License
  • Partnership Deed
  • Company forms 7 or 20
  • Open a settlement account