No More Pxrn,Betting And Dating Subscription For UBA Card Holders

This is awkward and weird but when did it become the job of
a financial institution to determine what you do, buy or subscribed to with
your master card?

The United Bank of Africa, UBA, has placed a ban on the use
of its ATM Cards for subscription to betting, pxrn, Dating and escort websites.
A mail was sent to customers on Thursday evening noted that
the UBA debit and prepaid cards are now restricted from carrying out such
transactions.
The email reads

“We wish to inform all cardholders
that we have placed restrictions on the Bank’s debit and prepaid cards from
carrying out transactions with merchants that are transacting on the following
business categories; -Jewellry

-Pxrnography
-Dating and Escort Services
-Betting (including lottery tickets,
casino gaming chips, off-track betting and wagers)

“This has become necessary with the
increased need to protect our customers and the institution from fraud,
litigation and reputational damages.”

Abeegiii… when did it become the job of a bank to tell you
what to do with your ATM card or not?
Via: Herald
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