Saturday, July 13, 2024
HomeRegionalAMAMama Money partners with Access Bank and Paymentology to launch new WhatsApp-powered...

Mama Money partners with Access Bank and Paymentology to launch new WhatsApp-powered Bank Card

CAPE TOWN, South Africa, 24th June 2024 -/African Media Agency (AMA)/- Mama Money, one of Africa’s leading cross-border money transfer operators, has joined forces with Access Bank and Paymentology, global leaders in banking and card issuing, to launch a pioneering new bank card service that stands out for its innovative use of WhatsApp banking. 

Through its integration with WhatsApp, the Mama Money Card allows you to transfer payments internationally, buy electricity and airtime, download bank statements, check your balance and manage your account using the data-friendly messaging platform. 

The Mama Money Card costs only R100 with R25 monthly fees. To apply for the Mama Money Card register on the Mama Money App with either your passport or asylum document. 

This makes it much easier than traditional banks that often require proof of address to get a bank card. This is a key feature for Mama Money’s customers in South Africa, who are mostly from countries such as Zimbabwe, Malawi, Ghana, Nigeria, India and many more, to easily get a bank card that gives them access to fundamental financial services and the ability to send money to over 70 countries worldwide. 

Through Paymentology’s next-generation payment solution, the Mama Money Card also offers advanced security features that allow you to instantly freeze the card through WhatsApp in case of loss or theft. 

By embracing cutting-edge technology, the partnership has allowed Mama Money to fast-track innovation in the market while maintaining the highest levels of regulatory compliance. 

Mathieu Coquillon, Co-founder and Director at Mama Money.

Mathieu Coquillon, co-founder of Mama Money, emphasizes the partnership’s impact: “The Mama Money Card represents a significant step in empowering communities, particularly in aiding migrants. It provides a platform for secure employer payments, encourages savings, and ultimately contributes to the financial well-being of its users. By catering to the specific needs of a diverse customer base, Mama Money continues to dismantle financial barriers and promote inclusivity.”

“At Paymentology, we are drawn to working with organisations that share our core values. That is incredibly true of our partnership with Mama Money who are trailblazers in delivering inclusive financial solutions. In a nation where an estimated 4 million migrants reside with many not having access to essential financial services, initiatives such as this from Mama Money, powered by us, play a pivotal role in bridging the gap in financial inclusivity.” Drisha Kirkman, Head of Programme Management and Sustainability at Paymentology continued. 

By launching the Mama Money Card, Access Bank, Paymentology, and Mama Money demonstrate their commitment of using tech for good that empowers underserved communities through access to critical financial services.

Distributed by African Media Agency (AMA) on behalf of Mama Money

About Mama Money

Mama Money is a fintech company that offers international money transfers and banking services through a free mobile application that can be downloaded from the Google Play or Apple App Store in South Africa. 

Mama Money is one of the fastest-growing money transfer operators with over 720,000 users and offers low fees and great exchange rates. The Mama Money app is currently the highest-rated money transfer app on the Google Play Store in South Africa. 

Download the Mama Money app to register in minutes with your passport or identity document.

For more information, visit www.mamamoney.co.za

  

The post Mama Money partners with Access Bank and Paymentology to launch new WhatsApp-powered Bank Card appeared first on African Media Agency.

Source : African Media Agency (AMA)

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -

Most Popular

Recent Comments

Sylvester Movette zunda on Mali wedding attack kills 21
James Hastings Chidule on Malawi’ fistula recovery at 86%
WELLINGTON WITMAN MOSELIJAH LUNDUKA on The history of Ngoni Maseko in Malawi
Lisa Frank on Home
azw3 on Home
Define Regtech on Home
Tobias Kunkumbira on Malawi to roll out Typhoid vaccine
arena plus nba standings 2022 to 2023 ph on Home
David on Home
마산출장 on Home
Cristina Thomas on Home
Alicia Alvarado on Home
The History of online Casinos – Agora Poker – hao029 on The History of online Casinos
Five factors that will determine #NigeriaDecides2023 - NEWSCABAL on Leadership Is Difficult Because Governance Is Very Stubborn, By Owei Lakemfa
Asal Usul Texas Holdem Poker – Agora Poker – hao029 on The Origins of Texas Holdem Poker
Malawi has asked Mike Tyson to be its cannabis ambassador - Techio on Malawi lawmaker Chomanika against Mike Tyson’s appointment as Cannabis Brand Ambassador over sex offence
Finley Mbella on Brand Chakwera leaks Part 1
Maria Eduarda Bernardo on The 2021 Guide to Trading Forex Online
Atsogo Kemso, Political Foot Soldier on Why MCP and UTM Alliance Will Fail
Em. Prof. Willem Van Cotthem - Ghent University, Belgium on Malawi army, National bank cover Chilumba barrack with trees
Christopher Murdock on Why dating older woman is dangerous?
Samantha The Hammer on Why dating older woman is dangerous?