KCB Bank partnered with Compass Plus Technologies to launch Kenya’s first platinum multi-currency card, allowing transactions in 11 currencies and eliminating exchange fees. The card enhances customer convenience with favorable exchange rates and security, furthering financial inclusion in East Africa.
KCB Bank, the largest financial institution in East Africa, has launched Kenya’s first platinum multi-currency prepaid card, developed in collaboration with Compass Plus Technologies. This card enhances the bank’s multi-currency offerings and provides customers with the flexibility to make transactions in eleven different currencies without incurring typical exchange fees.
The card allows users to load and spend in a variety of currencies, including the Kenyan Shilling, US Dollar, British Pound Sterling, Euro, and more. By offering the ability to manage multiple currencies, the card simplifies global transactions and eliminates the need for separate accounts, enhancing customer convenience and security.
Angela Mwirigi, the Director of Digital Financial Services at KCB Bank, expressed excitement over launching this card, highlighting the importance of their partnership with Compass Plus Technologies. Adil Ahmed, Vice President & Deputy Managing Director at Compass Plus, also praised this collaboration, emphasizing KCB’s commitment to crafting innovative financial products for its customers.
Since 2012, KCB Bank and Compass Plus have worked jointly to transform the bank’s operational systems and drive financial inclusion across Kenya. KCB Bank continues to expand its presence and services in East Africa with a robust network of branches, ATMs, and digital banking solutions that cater to customer needs around the clock.
KCB Bank’s introduction of Kenya’s first platinum multi-currency prepaid card signifies a major advancement in financial services, enhancing customer experience through currency flexibility and reduced fees. The continued partnership with Compass Plus Technologies underscores a commitment to innovation in the banking sector, thus setting new standards for multi-currency solutions. Overall, this launch fortifies KCB Bank’s position as a leader in East African banking.
Original Source: www.zawya.com
