dfcu Bank has announced a major tech break through as they introduce the new digital feature of cardless ATM cash deposits.
The service will serve both customers and non customers to make deposits on any dfcu ATM centre to the account of their choice.
Under the campaign: ‘Banking at the Speed of U!’ dfcu expects to increase the speed at which customers are served thus reducing the ‘unwanted’ queue in the bank.
“We believe that everyone who has already adapted the use of Mobile Wallets or Cashless transactions is going to embrace our new service. This cardless functionality will minimize time spent in banking hall queues.” Said Faridah Nalubega, Manager Cards and Money Transfers.
This move follows the recent replacement of dfcu bank ATMs with new Smart ATM recyclers which will be programmed to handle cash withdraws and also accept card and cardless deposits from customers.
dfcu bank is currently the one of the biggest banks in Uganda by total assets and customer base and also the second largest bank by branch network after Stanbic Bank, with 67 branches countrywide and over 100 Auto Teller Machines.
The bank has of recent made attempts to digitalize its banking business by introducing e banking, mobile banking and banking apps.
“This development also takes into consideration the outbreak and continued impact of the CORONAVIRUS, which has changed the way that communities, nations, and companies operate” the company said in a statement.