BancABC Tanzania partners with MasterCard and Vodacom to introduce online payment solutions

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title : BancABC Tanzania partners with MasterCard and Vodacom to introduce online payment solutions
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BancABC Tanzania partners with MasterCard and Vodacom to introduce online payment solutions


BancABC Tanzania, which is part of Atlas Mara a London listed entity, has made yet another step ahead of the market by partnering with MasterCard and Vodacom Tanzania through M-Pesa service to introduce online payment solutions – The Vodacom MasterCard Virtual card for both local and international purchases. The service will enable local businesses and merchants to accept interoperable digital payments, many for the first time. Consumers are now able to make quick, easy and secure payments with their mobile money wallets at any time. 

The virtual card will allow M-Pesa mobile wallet holders to make payments on any local or international website or app so long as MasterCard is accepted for payment without the need for a bank account or credit card. Customers can request the virtual card from the M-Pesa USSD menu or soon on the M-Pesa app and top the card up via the wallet. Once the card is topped up with funds, the virtual card is ready for use.

Speaking in Dar es Salaam during the launch of the Vodacom MasterCard Virtual card, the BancABC Tanzania Head of Treasury Barton Mwasamengo said currently we are living in a world where payments are processed every fraction of a second, financial institutions are increasingly challenged to improve the profitability of today’s business whilst they accommodate a steady stream of new transactions, channels and technologies. Due to that factor, BancABC is striving to expand the various channels of its transactions processing systems to new levels by collaborating with other partners in the market to increase its penetration with an objective of taping into the unbanked, Mwasamengo said.

Through partnerships like these, we will be able to accomplish our digital channels vision by providing tailor made solutions for our customers. The Vodacom MasterCard Virtual card is one of the many digital initiatives to be rolled out in the Country, added Mwasamengo.


Mkuu wa Kitengo cha Hazina BancABC Tanzania Barton Mwasamengo akiongea na waandishi wa Habari jijini Dar es Salaam mwishoni mwa wiki baada ya kuzindua huduma ya Vodacom MasterCard Virtual card. Huduma ya Vodacom Virtual Card ni maalum kwa kulipia huduma na bidhaa kwa kupitia M-Pesa kwa njia ya mtandao na itatumika ndani na nje ya nchi ikiwa ni ushirikiano baina ya BancABC, Vodacom Tanzania na MasterCard.

Mkuu wa Kitengo cha Hazina BancABC Tanzania Barton Mwasamengo (kushoto), Raghav Prasad Rais wa MasterCard Ukanda wa Sub African Sahara (kati kati) na Hisham Hendi Kaimu Mkurugenzi Vodacom Tanzania (kulia) wakipiga makofi baada ya kuzindua kuzindua huduma ya Vodacom MasterCard Virtual card jijini Dar es Salaam mwishoni mwa wiki. Huduma ya Vodacom Virtual Card ni maalum kwa kulipia huduma na bidhaa kwa kupitia M-Pesa kwa njia ya mtandao na itatumika ndani na nje ya nchi ikiwa ni ushirikiano baina ya BancABC, Vodacom Tanzania na MasterCard.


Mkuu wa Kitengo cha Hazina BancABC Tanzania Barton Mwasamengo (kushoto), Raghav Prasad Rais wa MasterCard Ukanda wa Sub African Sahara (kati kati) na Hisham Hendi Kaimu Mkurugenzi Vodacom Tanzania (kulia) wakishikana mikono baada ya kuzindua kuzindua huduma ya Vodacom MasterCard Virtual card jijini Dar es Salaam mwishoni mwa wiki. Huduma ya Vodacom Virtual Card ni maalum kwa kulipia huduma na bidhaa kwa kupitia M-Pesa kwa njia ya mtandao na itatumika ndani na nje ya nchi ikiwa ni ushirikiano baina ya BancABC, Vodacom Tanzania na MasterCard.

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