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I&M extend card deal with Mastercard

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I&M Bank has announced the extension of its debit and credit cards partnership with global payments service firm, Mastercard.

The five eight year deal is expected to continue offering I&M Bank individual and businesses  clients a seamless and secure payment solutions globally.

“By extending this alliance, I&M Bank has demonstrated its commitment to delivering tailor-made, digital solutions that cater to the distinct needs of our valued customers,” said Gul Khan, I&M Bank Chief Executive Officer.

The partnership will offer cardholders Platinum Debit, World Elite Debit, World Debit, Multicurrency Prepaid Cards, and Credit Cards.

According to Mastercard, the cards provide customers with a diverse array of travel benefits, privileges, and experiences.

“This strategic alliance has enabled us to make significant progress in advancing digital payments and financial inclusion in Kenya. Together we will continue to empower individuals and businesses with secure and convenient payment solutions that will help them reach their potential” added Mark Elliott, President, Africa at Mastercard.

Mastercard says the cards which are boasts of new technology, such as contactless payment helps facilitate a swift and secure checkout experience, empowering consumers to select their preferred payment method.

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