Mastercard and I&M Bank announced an extension of their strategic partnership aimed at delivering competitive value propositions to Kenyan cardholders through a range of debit and credit cards offered by I&M Bank.

Delivering Value and Secure Payment Solutions

The collaboration between Mastercard and I&M Bank is renowned for its significant value delivery to customers, businesses, and the overall economy. Leveraging Mastercard's advanced technology and I&M Bank's extensive local network, the alliance provides seamless and secure payment solutions to individuals and businesses across Kenya.

The expanded collaboration includes a variety of products such as Platinum Debit Cards, World Elite Debit Cards, World Debit Cards, multi-currency prepaid cards, and credit cards, offering customers a diverse range of travel benefits, privileges, and experiences tailored to their respective card categories.

Cardholder Benefits and Security Measures

Depending on the card category, holders will enjoy various lifestyle privileges locally and globally, including loyalty point accumulation, increased credit card limits, and multi-currency prepaid cards supporting up to three currencies. Additionally, customers will benefit from enhanced card security controls within the I&M On-The-Go mobile and internet banking applications, seamlessly reloading prepaid cards and making credit card payments through the I&M Bank OTG app.

Furthermore, these cards are equipped with world-class security features backed by Mastercard-trusted technology, ensuring robust customer protection. The integration of new technologies, such as contactless payments, further enhances the checkout experience, providing consumers with convenient and secure payment options.

"We are pleased to extend our partnership with I&M Bank, which has seen significant progress in advancing digital payments and financial inclusion in Kenya. We will continue to work together to provide safe and convenient payment solutions for individuals and businesses, helping them unlock their potential," said Mark Elliott, President of Mastercard Africa.