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KCB Bank, in partnership with Mastercard, has introduced Kenya’s first multi-currency prepaid card, offering a transformative solution for cross-border financial transactions. Supporting 11 currencies, this innovative card is set to enhance spending control, enable real-time currency conversion, and streamline financial management for consumers and businesses alike.
The card empowers users to manage multiple currencies within a single account, making it a versatile tool for travel, e-commerce, and international business. By minimizing reliance on traditional currency exchange services, the card provides a more convenient and cost-effective method for managing global payments.
Supported currencies 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, addressing diverse regional and international financial needs.
With its prepaid feature, users can load specific amounts onto the card, promoting better budgeting and spending control. Cardholders can manage their accounts via a dedicated self-service portal available on the KCB website.
Real-time exchange rates and automatic currency conversion simplify transactions, eliminating the hassle of juggling multiple wallets or navigating traditional currency exchange.
This launch further solidifies Kenya’s reputation as a hub for financial technology innovation in Africa, providing a practical and advanced tool for seamless cross-border financial management.
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