Zemen Bank: Announced a partnership with Mastercard

  • Zemen Bank and Mastercard partner to launch Ethiopia’s first contactless Platinum Mastercard Prepaid Travel Card
  • Zemen Mastercard prepaid travel cards enable cardholders to use cards with either of the two major currencies
  • In addition to the two main currencies, Zemen Bank in the future work with Mastercard to issue cards
  • Zemen Bank known for introducing banking technologies in the country and proud to again be the pioneer
  • Other benefits of the platinum Mastercard prepaid travel card include access to all Mastercard points of sale and ATMs in the world
  • Zemen POS machines and most ATMs accept contactless Mastercard cards as a result of significant investment
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

JPMorgan Pilots Software to Monitor Junior Bankers’ Working Hours

New initiative aims to enhance oversight of junior employee hours worked.Highlights: JPMorgan tests software to monitor working hours...

Goldman Sachs to Implement Performance-Based Staff Cuts in April

The bank plans restructuring amidst shifting financial landscape.Highlights: Goldman Sachs plans performance-based staff cuts in April.The restructuring aims...

Nasdaq Secures SEC Approval for Trading Tokenized Securities

This marks a significant advancement in digital asset trading.Highlights: Nasdaq gains SEC approval for trading tokenized securities.This approval...

Aveni Launches Agentic AI Council to Enhance AI Ethics

New council aims to guide ethical AI development and deployment strategies.Highlights: Aveni establishes the Agentic AI Council for...