Prime Bank and MDP Partner to Launch Multicurrency Contactless Card

The Kenya’s Prime Bank has joined forces with MDP, a leading card issuing and processing platform in the Egypt, Middle East and Africa (MEA), to introduce a game-changing multicurrency contactless card. This collaborative innovation promises Prime Bank’s customers unparalleled control over their finances, enabling effortless management, spending, and transfers across multiple currencies.

The newly unveiled multicurrency contactless card packs a suite of cutting-edge features:

• Instant Tap-and-Go Transactions: Swift and secure payments made hassle-free.
• Advanced Chip and PIN Security: Ensuring utmost protection for user data.
• Multi-Currency Support: KSH, USD, GBP, EUR, INR, and more, eliminating the need for currency conversion.
• Global Accessibility: Empowering cardholders with the freedom to transact and withdraw cash globally.

However, the multicurrency card is set to be a game-changer for Prime Bank’s diverse customer such as:

• Travelers: Seamlessly navigate transactions while exploring the world.
• International Traders: Effortlessly conduct cross-border payments with enhanced efficiency.
• Business Community: Streamline international business transactions effortlessly.

Furthermore, the Prime Bank's prepaid card comes with a chip and PIN security feature that enables you to manage, spend and send money in different currencies. The prepaid multicurrency card is available in Kenya Shillings (KSH), United State Dollar (USD), Great British Pounds (GBP), European Euros (EUR) and Indian Rupees (INR).

The partnership between Prime Bank and MDP signifies a remarkable leap forward in the evolution of financial services within the region. The launch of the multicurrency contactless card is poised to redefine financial management for individuals and businesses, fostering greater inclusivity and bolstering regional economic growth.

Related News: Eversend Launched Cross-border Remittance From Europe to Africa.

In addition, the coaction of Prime Bank and MDP’s multicurrency contactless prepaid card signifies actions toward the growing demand among consumers to transfer safe & cost-effective cross-border payment services.

We are delighted to be partnering with MDP, the leading payments powerhouse to launch our multicurrency card. MDP’s multi-currency card helped us build a unique offering for our customers, helping them conduct cross-border transactions with ease. - Prime Bank, Kenya.

We are very excited to be partnering with Prime Bank, and– we’re proud to extend MDP’s solutions to the Eastern African market & avail the all-new multicurrency prepaid card as a more convenient way for customers to spend & manage cash in a secured manner,” CEO, Nafie at MDP said.

This pioneering card is set to empower individuals and businesses alike, easing cross-border transactions and propelling economic development across the region. With its emphasis on convenience, security, and global reach, the multicurrency contactless card heralds a new era in financial services.