KCB Bank Kenya, in collaboration with Mastercard, has launched a multi-currency prepaid card that supports 11 hard currencies.
The card supports a range of currencies that include; the Kenyan Shilling, US Dollar, British Pound Sterling, Euro, Swiss Franc, Australian Dollar, Canadian Dollar, Indian Rupee, Japanese Yen, South African Rand, and Chinese Yuan.
Jane Isiaho, Director of Retail Banking at KCB Bank Kenya, stated during the launch event: “The multi-currency card offers a streamlined way for customers to manage expenses across multiple currencies, addressing their global transaction requirements effectively.”
Shehryar Ali, Senior Vice President and Country Manager for East Africa and Indian Ocean Islands at Mastercard, said: “We are delighted to collaborate with our key strategic partner, KCB Bank Kenya in launching the country’s first platinum multi-currency prepaid card offering the highest number of currencies— This is a historic milestone in redefining global commerce. This innovative solution simplifies cross-border transactions, enabling individuals and businesses to focus on what matters most. At Mastercard, we are committed to fostering cutting edge, secure, flexible, and accessible payment ecosystems that drive global opportunity.”