Although Tanzania remains a largely cash-driven society, digital payments are gaining traction as card acceptance expands in key hubs such as Dar es Salaam and Arusha. With this launch, I&M Bank aims to accelerate the shift from cash to digital payments by giving customers compelling reasons to adopt cards – from travel insurance and global hotel discounts to multi-currency convenience for international business and leisure.
The new Mastercard multi-currency prepaid card is the first of its kind in Tanzania and supports 10 currencies, enabling customers to travel, shop, and transact globally with ease.
The Mastercard World Elite debit card provides cardholders with enhanced value and access to exclusive Mastercard lifestyle benefits such as concierge and airport Fast Track services, premium travel insurance, global hotel privileges, travel packages, and access to a suite of airport lounges worldwide.