Mastercard and I&M Bank have solidified their strategic collaboration with an extended 8-year alliance, promising continued enhanced value for cardholders in Kenya. This partnership has already yielded significant benefits over the past five years, elevating customer experiences, bolstering businesses, and contributing to the local economy. By harnessing Mastercard’s state-of-the-art technology and I&M Bank’s extensive local network, this collaboration aims to further streamline and secure payment solutions across Kenya.
Mark Elliott, Mastercard’s Africa President, expressed enthusiasm about the extended collaboration, highlighting its pivotal role in advancing digital payments and financial inclusion in Kenya. The alliance is set to empower individuals and businesses alike with secure and convenient payment solutions, enabling them to thrive.
Gul Khan, CEO of I&M Bank, echoed this sentiment, particularly noting the celebration of the bank’s 50th anniversary. The expanded collaboration with Mastercard is geared towards providing an extensive range of lifestyle and travel benefits to corporate, retail, and business clients. This commitment underscores I&M Bank’s dedication to tailoring digital solutions to meet the diverse needs of its valued customers.
The extended collaboration introduces a diverse range of offerings, including Platinum Debit, World Elite Debit, World Debit, Multicurrency Prepaid Cards, and Credit Cards. These cards come with a plethora of travel benefits, privileges, and experiences, catering to various customer preferences. Depending on the card category, holders can access a host of lifestyle privileges locally and globally, including earning loyalty points, enjoying enhanced credit card limits, and utilizing multicurrency prepaid cards supporting up to three currencies. Moreover, customers benefit from robust card safety controls within the I&M On-The-Go mobile and internet banking applications, ensuring peace of mind in their transactions.
These cards boast world-class security and reliability, leveraging Mastercard’s trusted technology to safeguard customers’ interests. Innovative features like contactless payment further enhance the checkout experience, providing consumers with a seamless and secure payment method of choice.
