Business / Companies
Kingdom Bank launches MasterCard suite
11 Mar 2012 at 18:19hrs | Views
KINGDOM Bank has launched the MasterCard suite of products following its collaboration with MasterCard Worldwide.
The bank's clients will be issued with debit and prepaid MasterCard cards, which they can use locally and internationally for payments.
Foreign visitors will also be able to use their MasterCard credit and debit cards at Kingdom Bank point-of-sale devices and ATMs.
"The Kingdom Bank debit MasterCard cards will open a world of financial freedom to the bank's customers and foreigners visiting the country for business or pleasure," said managing director Mr Francois Molife.
"Cardholders will be able to make cash withdrawals and check balances at ATMs, enjoying 24-hour banking convenience. They will also be able to use the card to make purchases at various retailers, hotels, restaurants, fuel service stations and other major service providers anywhere in the world without the need to carry cash."
MasterCard cards are accepted at over 33,3 million acceptance locations worldwide where cash may be obtained.
MasterCard Worldwide Country Manager: Southern Africa Emerging Markets Mr Jason Coetzee said that MasterCard's vision for Africa was to increase the issuance and acceptance of MasterCard cards.
"MasterCard cardholders will be able to transact at any retail outlet worldwide where the MasterCard acceptance logo is displayed and transactions can be conducted in-store, online or over the phone, eliminating the risks associated with carrying and paying with cash", said Mr Coetzee.
The Prepaid MasterCard cards will offer a wide range of flexible transactional solutions for Zimbabweans locally and abroad, from students paying fees abroad or receiving financial support from parents here at home, to Government officials or executives travelling on business.
The bank's clients will be issued with debit and prepaid MasterCard cards, which they can use locally and internationally for payments.
Foreign visitors will also be able to use their MasterCard credit and debit cards at Kingdom Bank point-of-sale devices and ATMs.
"The Kingdom Bank debit MasterCard cards will open a world of financial freedom to the bank's customers and foreigners visiting the country for business or pleasure," said managing director Mr Francois Molife.
"Cardholders will be able to make cash withdrawals and check balances at ATMs, enjoying 24-hour banking convenience. They will also be able to use the card to make purchases at various retailers, hotels, restaurants, fuel service stations and other major service providers anywhere in the world without the need to carry cash."
MasterCard cards are accepted at over 33,3 million acceptance locations worldwide where cash may be obtained.
MasterCard Worldwide Country Manager: Southern Africa Emerging Markets Mr Jason Coetzee said that MasterCard's vision for Africa was to increase the issuance and acceptance of MasterCard cards.
"MasterCard cardholders will be able to transact at any retail outlet worldwide where the MasterCard acceptance logo is displayed and transactions can be conducted in-store, online or over the phone, eliminating the risks associated with carrying and paying with cash", said Mr Coetzee.
The Prepaid MasterCard cards will offer a wide range of flexible transactional solutions for Zimbabweans locally and abroad, from students paying fees abroad or receiving financial support from parents here at home, to Government officials or executives travelling on business.
Source - TH
