Interswitch East Africa (U) Limited through its card scheme, Verve, partnered with Future Link Technologies (FLT) to accelerate the adoption of digital technology by providing ATM cards to Buyanja Savings and Credit Cooperation (SACCO) in Rukungiri district in Southwestern Uganda. The collaboration makes it possible for Buyanja SACCO members to access their funds from over 600 Interswitch-enabled ATMs and to buy goods and services from stipulated Point of Sale (POS) terminals across the country.
Speaking at the launch, Oliver Nayebare, the CEO of Buyanja SACCO said "Buyanja SACCO is excited to be a pioneer in issuing ATM cards to its customers in Southwestern Uganda. We are grateful for this collaboration with Interswitch and Future Link Technologies. The SACCO members will enjoy the convenience of accessing their money from additional channels across the country at an affordable cost. Our sister SACCOs have been inspired and we hope they will take up the product as well. Members who have used the card so far appreciate the convenience which they are now able to enjoy. Buyanja SACCO looks forward to a brighter and stronger future together.”
Peter Kawumi, the Country General Manager of Interswitch, added that “The collaboration is in line with one of our key areas of interest which is financial inclusion. Importantly, the service makes it possible for us to deliver financial services to consumers in a convenient and affordable manner. As a pan-African entity, Interswitch is on a mission to create technology solutions that connect and empower individuals, businesses, and communities. Therefore, digitising across value chains is at the forefront of what we do at Interswitch Uganda. Having Buyanja SACCO members hold and use the Verve Card is a step in the right direction.”
As a core technology partner, Future Link Technologies is confident that Buyanja SACCO members will have an improved and modern digital experience.
Future Link Technologies (FLT) CEO, Mr. Vincent Tumwijukye added his voice to this, stating, "FLT is excited to partner with Buyanja SACCO and Interswitch to extend the Verve Card to members. ATM card issuance is one way to enhance the financial resilience of low and medium-income earners through reliable, affordable, and secure digital channels.”