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The alliance is set to enhance both individual and business banking experiences, paving the way for a new era of financial empowerment in the region
Mastercard and Diamond Trust Bank (DTB) have partnered in a 10-year partnership aimed at revolutionizing digital payment solutions across Kenya, Uganda, and Tanzania. The alliance is set to enhance both individual and business banking experiences, paving the way for a new era of financial empowerment in the region.
With a focus on innovation, security, and convenience, the collaboration will introduce a suite of tailored payment offerings, including custom card products and sophisticated transfer services for peer-to-peer (P2P), business-to-business (B2B), and person-to-business (P2B) transactions.
Among the key innovations is the launch of Kenya’s first tokenization-based payment wearables, developed in collaboration with Tappy Technologies. These cutting-edge devices will empower consumers to make secure, contactless payments with a simple tap at any enabled point-of-sale terminal, transforming everyday accessories into powerful payment tools.
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This partnership is a clear reflection of both Mastercard and DTB’s unwavering dedication to driving inclusive growth and innovation in Africa’s dynamic payment landscape. By introducing secure, tokenized payment wearables alongside comprehensive cross-border solutions, the duo is positioning itself at the forefront of the region’s digital revolution.
