KCB and Mastercard unveil Kenya’s first platinum multi-currency card
KCB Bank Kenya has teamed up with MasterCard to launch Kenya’s only multi-currency prepaid card that supports 11 major currencies. The solution aims to simplify international transactions for customers, enabling seamless spending across multiple destinations.
The card supports a wide range of currencies including Kenyan Shilling, US Dollar, British Pound Sterling, Euro, Swiss Franc, Australian Dollar, Canadian Dollar, Indian Rupee, Japanese Yen, South African Rand and Chinese Yuan.
KCB says the card is tailored to meet the diverse needs of students, athletes, businesses and corporates. It offers a cost-effective method for managing international transactions. And the bank says it’s boosting frequency the convenience of travelers and global spending.
Angela Mwirigi, Director Digital Financial Services KCB Bank Kenya said; “The launch of this card is a celebration of our long-standing partnership with MasterCard. This partnership, once again, brings together our expertise, innovation and common purpose to provide exceptional financial solutions that live in Kenya.” to our aspirations to be.”
Cardholder features include favorable exchange rates and conversion costs that eliminate unexpected charges and simplify global spending. The card’s ability to settle in multiple currencies removes the need for separate currency accounts or physical cards, which in turn provides greater convenience and security.
In addition, the prepaid feature will allow cardholders to load specific amounts, promoting better control over spending. Users can access this feature through a self-service portal on the site. Real-time exchange rates will also provide automatic currency conversion during purchases. The end result is a simpler transaction eliminating the hassle of currency exchanges or managing multiple wallets.
Sehrot Ali, Senior President and Indian Ocean Islands, Mastercard East Africa and Indian Ocean Islands, “We are delighted to partner with our key strategic partner, KCB Bank Kenya on the country’s first platinum multi-currency prepaid card offering the highest number of platinum multi-currency is a historic milestone in the transformation of global trade. This innovative solution simplifies cross-border transactions. It enables maximum focus and affordable payment ecosystems that drive global opportunity.”
English