Ukheshe will issue cards across East Africa with support from KCB
By Floyd Matlala
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Johannesburg - South African digital fintech platform provider Ukheshe has sealed a deal that will see the company trailblaze the development of payment services within the East Africa region.
Ukheshe has been growing in leaps and bounds in recent years, solidifying its name within the African tech space.
The newly-announced deal with the Kenya-based lender KCB Bank Kenya will see KCB sponsor Ukheshe’s Bank Identification Number (BIN). This will allow Ukheshe to immediately issue both physical and virtual cards across East Africa where KCB has an extensive footprint.
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Ukheshe to issue cards across East Africa with support from KCB 01 February 2021
Source: Ukheshe In an initiative that will see the growth and development of payment services within the East Africa region, leading digital fintech platform provider, Ukheshe, has announced the conclusion of a new agreement with the Kenya-based lender KCB Bank Kenya. Through the agreement, KCB will sponsor Ukheshe’s Bank Identification Number (BIN) number, which will allow Ukheshe to immediately issue both physical and virtual cards across East Africa where KCB has an extensive footprint.
In an initiative that will see the growth and development of payment services within the East Africa region, leading digital fintech platform provider, Ukheshe, has announced the conclusion of a new agreement with the Kenya-based lender, KCB Bank.
Through the agreement, KCB will sponsor Ukheshe’s Bank Identification Number (BIN) number, which will allow Ukheshe to immediately issue both physical and virtual cards across East Africa where KCB has an extensive footprint.
According to Victor Ndlovu, Vice President of Ukheshe Africa, the deal will include other innovative digital products such as QR issuing and acquiring, “By joining forces with KCB we are well-placed to address several open-loop market opportunities while boosting wider consumer adoption. Payment options across various segments will benefit such as payroll, companion cards, multi-currency prepaid cards, travel cards, and gift cards, together with social security and other government benefit programs such as insura