MasterCard Partnering with Kenyan Government to Roll Out New Payment Card
Mastercard is partnering with the local government in Kenya to help address the growing problem of citizens having to move from place to place in order to access and pay for government services.
Yesterday (Feb. 7), the company announced its commitment to helping the roll-out of the Huduma Card in Kenya – a secure, reliable and flexible payment option that is aimed at connecting Kenyans to the formal financial sector.
The smart card roll out will also play a role in Kenya’s Vision 2030 to drive efficiency and transparency with focus on developing a cashless economy.
“The Huduma Card will offer people an efficient digital service that is both accountable and secure. The biggest benefit is that cardholders are automatically moved into the financial mainstream, as they will now have a bank account. The online e-Huduma web portal and mobile m-Huduma platform will provide integrated government services and a unified payment gateway to facilitate ease of payment for government services,” Mastercard Division President for Sub-Saharan Africa Daniel Monehin told PYMNTS.