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BCP Group partners Mastercard to enhance cross-border payment

TechPression by TechPression
December 11, 2024
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BCP Group partners Mastercard to enhance cross-border payment

BCP Group partners Mastercard to enhance cross-border payment

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Through a partnership with Mastercard, the BCP Group will use the money movement capabilities offered by Mastercard Move to improve the ability of its business and individual customers to make payments across international borders.

The agreement aims to make cross-border payments that are almost instantaneous, traceable, secure, and cost-effective to and from the various markets in Africa where the BCP Group operates.

Read also: Premier Bank, Mastercard introduce Shari’ah-compliant card system in Kenya

Mr. Dimitrios Dosis, President of Eastern Europe, Middle East, and Africa at Mastercard, said, “At Mastercard, we are committed to building a prosperous digital economy where everyone can thrive.

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Our latest collaboration with BCP perfectly aligns with our mission to provide our customers with innovative payment solutions that meet the evolving needs of their consumer and business customers. Together, we will work to develop a more connected and inclusive financial ecosystem by delivering funds with speed, transparency, and flexibility.”

Mr. Kamal Mokdad, General Manager of BCP & International, said, “We are delighted to join forces with Mastercard to address the real needs of the populations in our various countries of presence in Africa. This collaboration marks a new milestone in the strategic relationship between the BCP Group and Mastercard; it demonstrates our commitment to providing superior payment services and driving innovation in the African banking sector.”

Read also: Mastercard, Alerzo partnership aims to connect 10,000+ Nigerian MSMEs to digital economy by year-end

These actions reflect the common aim of both organisations, which is to deliver inclusive and creative financial solutions. The goal is to optimise transfer processes while simultaneously decreasing transaction costs for end users. In addition, it reflects the BCP Group’s unwavering dedication to meeting the requirements of the organisations and individuals operating in the region.

Mokdad stated, “In addition to improving the customer experience, the new solutions offered will support the economic growth of our region by facilitating the exchange of international flows through simplified transfers at competitive prices.”

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