Mastercard and Diamond Trust Bank (DTB) have signed a milestone 10-year deal to provide bespoke digital payment solutions in Kenya, Uganda, and Tanzania. In a first for Kenya, the cooperation also includes tokenization-based payment wearables, introducing cutting-edge contactless technology to users across the country. By combining our expertise in digital payment solutions with DTB’s strong market presence, we are enhancing the banking experience and providing customers with more secure and convenient ways to pay. This collaboration highlights our deep commitment to driving digital transformation and financial inclusion across East Africa,” said Mark Elliott, Division President, Africa, Mastercard. By offering secure, tokenized payment wearables and comprehensive cross-border solutions, DTB and Mastercard have placed themselves at the forefront of the region’s digital revolution.

Source: The North Africa Journal November 05, 2024 20:24 UTC