Anisa Mahfoodh
6 November 2009
Parents are to start paying school fees using a biometric system (finger prints) as opposed to the Automated Teller Machines cards and traditional over the counter system.
National Capital Region NCR, a global technology company that supplies ATMs, is set to upgrade software that will see financial sector clients withdraw and deposit money without using envelops as it has been the case.
Regional Vice President of NCR for East Mediterranean, Middle East and Africa Mr Stelios Fragkos during a press briefing in Kampala on Tuesday said: "Those who do not want to use ATM cards will instead use biometric finger print readers to withdraw money or make any transactions."
He said the new system would enable clients check in for flights for 24 hours before their scheduled flights and also be able to receive their air tickets from ATMs.
The first ATM in Uganda was launched by Standard Chartered Bank in 1997.
ATMs have aided the growth and development of convenience banking in the country since they allow people to access money from banks at any time.
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