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Airtel, Mastercard Introduce Virtual Debit Card For Online Transactions

admin by admin
2021/01/11
in Business
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Airtel, Mastercard Introduce Virtual Debit Card For Online Transactions
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Airtel Uganda, in partnership with Mastercard, has today introduced a virtual debit card offering Airtel Money customers a safe, convenient and secure platform to transact online globally.

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The virtual (non-plastic) card allows Airtel Money customers, even those without a bank account, to make payments to local and global online merchants that accept Mastercard cards like Netflix, Uber, Amazon, Google play, Aliexpress, Alibaba, while ensuring that the customer’s financial data is always secure and private.

 “Airtel and Mastercard have a shared passion for digital transformation and making mobile financial services accessible to everyone across the country.

“Airtel Money customers can conveniently do online shopping, pay tuition and subscriptions to their favorite sites and Apps by simply registering for a virtual card through very easy and familiar steps,” said Amit Kapur, Chief Commercial Officer Airtel Uganda.

Amnah Ajmal, Executive Vice President for Market Development, Mastercard Middle East and Africa, said, “Across the MEA region our digital partnerships strategy remains focused on enabling digital transformation for our partners so that their consumers can enjoy seamless access to payments and a superior experience.

“We are very excited to partner with Airtel to lead the transition to digital by enabling access to their millions of consumers for online and in-person payments across the globe.

“Mastercard is uniquely positioned as a single technology provider to enable our digital partners like Airtel to transition seamlessly into digital.”

The virtual card is valid for one year and the customer has the option to delete it at any time and generate another one instantly re-emphasising the security proofing the card offers.

Since the virtual card is linked to the customer’s Airtel Money Wallet, the Airtel Money balance is always the card balance. All transactions have a maximum charge of Shs1,000.

Tags: Airtel UgandaMastercard
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