KCB and Mastercard Partner to Boost East African Payments

KCB Bank Kenya and Mastercard join forces for a 5-year strategic partnership, offering enhanced payment solutions across East Africa.

What it means for you:

  • More options: Cardholders in Kenya, Burundi, Rwanda, South Sudan, Tanzania, and Uganda will gain access to a wider range of Mastercard payment solutions, including premium cards, youth pre-paid cards, and corporate cards.
  • Seamless transactions: Enjoy secure and convenient e-commerce payments, cross-border remittances, QR code payments, and “tap-on-phone” solutions.
  • Financial inclusion: This partnership aims to accelerate financial inclusion in the region, providing more people with access to financial services.

KCB and Mastercard will leverage their expertise to:

  • Launch innovative payment solutions
  • Develop marketing initiatives
  • Enhance financial access and security
  • Empower small and medium-sized businesses

KCB Group CEO, Paul Russo had this to say “We want to revolutionize how our customers access financial services… shaping the future of commerce and forging new paths for inclusive economic growth.”

Mark Elliott, Division President for Sub-Saharan Africa at Mastercard: “We share a passion… to build an innovative, inclusive, and sustainable future in payments… across East Africa.”

This partnership promises a more evolved and transparent payment system in East Africa, offering simple and relevant digital solutions for both consumers and businesses.