Mobile Money Rwanda and Mastercard announced a partnership to introduce a virtual payment card in Rwanda. This initiative aims to promote financial inclusion and literacy within the country.
I&M Bank will provide technical assistance for this collaboration, supporting the rollout of the new virtual payment solution. The partnership is designed to offer accessible digital payment options to a broader segment of the population.
This move underscores Mastercard's commitment to expanding its presence in emerging markets and leveraging technology to empower underserved communities. The virtual card is expected to facilitate easier and more secure digital transactions for Rwandan consumers.
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