KAMPALA, Uganda – Stanbic Bank Uganda has officially launched a bold, three-month campaign to promote its flagship digital payments platform, FlexiPay, offering users a chance to win over UGX 100 million in prizes, cashback rewards, and even supermarket trolley dashes all by simply transacting digitally.
Unveiled under the theme “FlexiPay Cashback Explosion”, the campaign is designed to boost financial inclusion and support Uganda’s shift toward a cashless economy.
It will run for 90 days and reward both existing and new users who pay bills of UGX 50,000 or more via FlexiPay.
Speaking at the launch, Melisa Nyakwera, Head of Commercial Banking at Stanbic Bank Uganda, described FlexiPay as more than just a mobile wallet—it’s a business enabler that brings secure, accessible, and inclusive financial services to the fingertips of every Ugandan.
“Digital innovation is the heartbeat of Uganda’s economic future,” Nyakwera said. “FlexiPay delivers a smarter, safer way to transact, empowering communities and enterprises alike. This initiative aligns with our purpose – ‘Uganda is our home; we drive her growth’.”
The campaign was launched at the premises of Boda Boda Banja, a key merchant partner, showcasing real-world success in integrating digital payments. Saurabh Jain, COO of Boda Banja, shared how FlexiPay revolutionized their operations.
“Since adopting FlexiPay in 2022, we’ve eliminated the risks of theft, cash errors, and payment defaults. Our customers can now pay from anywhere – be it a remote village or the heart of Kampala,” Jain said.
Boda Boda Banja has empowered over 80,000 Ugandan youth with motorcycles and employs more than 400 staff, making it a critical partner in Stanbic’s vision of economic transformation.
Dan Atuhairwe, FlexiPay Product Lead, emphasized that the platform’s growing merchant network spans supermarkets, fuel stations, bars, boutiques, and more.
“Every time you spend UGX 50,000 or more using FlexiPay, you receive 10% instant cashback. We’re rewarding the shift to digital with savings and excitement. Just dial *291# or use the app to join,” he said.
Security and user trust were also a key focus. Atuhairwe assured customers that FlexiPay is equipped with advanced fraud protection, secure servers, and encrypted transactions to guarantee peace of mind.
Launched in 2022, FlexiPay now has over 1.5 million active wallets and has become a cornerstone in Uganda’s digital financial ecosystem, enabling affordable cross-network payments, airtime purchases, utility bill settlements, and event ticketing.
In 2024 alone, the platform facilitated over UGX 30 billion in international remittances, receiving funds from more than 25 countries, including the UAE, Europe, Asia, and the Americas—all without any fees.
The FlexiPay system has earned commendation from international partners like the International Fund for Agricultural Development (IFAD) for promoting financial inclusion and innovation at the grassroots level.
With the Cashback Explosion Campaign, Stanbic Bank is turning digital transformation into tangible benefits for Ugandan consumers and SMEs alike.
Want to Join?
Dial *291# or download the FlexiPay App to start winning and saving today.
