National Microfinance Bank Launches Suite of Internationally Accepted MasterCard Debit Cards in Tanzania

30 Jun 2015

National Microfinance Bank (NMB) launched its range of MasterCard debit cards, including the Tanzanite, Titanium, and the first World Rewards card in Tanzania. The new range of debit cards cater to the bank’s diverse range of customers, including the mass market, the middle class, and affluent customers,  providing a range of benefits curated for each target group. Cardholders will now be able to withdraw money from millions of ATMs worldwide that display the MasterCard Acceptance Mark. They will also be able to pay bills, top up prepaid electricity and airtime, and shop online at a wide variety of local and international stores. 

“With the rapid progression of the electronic payments industry, our customers are increasingly seeking faster, more secure and smarter ways to pay. To cater to their evolving needs, we have launched this range of internationally-accepted debit cards, making it easier for them to safely access their funds both here in Tanzania and abroad,” said Ineke Bussemaker, Managing Director of NMB. “MasterCard debit cards are accepted at millions of merchants in more than 210 countries, which means that both leisure and business travelers can access their funds almost anywhere, with as much ease as at home. Importantly, every local and international transaction is protected by MasterCard SecureCode and EMV Chip and PIN technologies, which provide additional layers of security every time a cardholder uses their card online or in a traditional store,” said Michael Miebach, President, Middle East and Africa, MasterCard. 

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