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20 Apr 2014
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AFRICARDS Prepaid Visa Cards Have Been Introduced in West Africa

UC Hub Group and eSafe have recently announced the launch of AFRICARDS at a gala held in Ouagadougou, Burkina Faso with over 500 in attendance.  The Visa branded cards are the first of their kind being offered to the people of West Africa. As the first alternative to cash, those involved in the development of the program are hopeful that the cards will be adopted enthusiastically as well as possibly benefit the banking and economics of the area.   UC Hub conservative estimates state they would sell at least 100,000 cards in its first year, generating revenue of 3 to 5 million in local currency for the bank.