Zamtel Mobile Money

Today Zamtel, a government-owned telecommunication service provider in Zambia, and Mastercard have announced a strategic partnership that will enable Zamtel Mobile Money customers – even those without bank accounts – to make safe and seamless digital payments on the Mastercard network including international e-commerce transactions. This is expected to drive financial inclusion and improve access to the digital economy. Under the agreement, Zamtel will launch a suite of Mastercard products including a Mastercard virtual solution, a physical debit card, and Mastercard QR, giving its Mobile Money customers new ways to access and pay for products and services at the millions of merchants that accept Mastercard in Zambia and abroad. Virtual Payments via Zamlet Mobile Money With a Mastercard vi...