DTB’s New Mobile Payment App Taking Kenya by Storm…


On 7th July 2017 Diamond Trust Bank Kenya (DTB) and Mastercard announced a new strategic partnership to roll-out the revolutionary DTB Masterpass QR App in Kenya, an easy-to-use payment solution which now enables millions of consumers to make fast, secure and convenient digital payments for goods and services at merchants via their smartphones. Users of the DTB mobile banking platform can now safely pay for in-store purchases by simply scanning a Quick Response (QR) Code or Entering a Merchant Identifier on their smartphones displayed at checkout counters, thus increasing security and alleviating the need to carry physical bank cards or cash. Nasim Devji, Group CEO and Managing Director at DTB, said “the mobile solution will not only eliminate the merchants’ reliance on costly point of sale devices, it will also remove the dangers and logistical issues of handling cash on daily sales. Kenyan merchants who previously didn’t have access to electronic payment tools can now be financially included ensuring they are able to track and monitor the business cash flows immediately.”

About Diamond Trust Bank (DTB)
Diamond Trust Bank (DTB) is a tier 1 lender with a regional presence listed on the Nairobi Securities Exchange (NSE), and has been in operation for over 70+years. Primarily focuses on the small and medium sized enterprise (SME) as its primary market. Winner of the Think Business Banking Awards™ as the Best Bank in asset finance, in product innovation and in customer satisfaction. Over 120 branches in East Africa, DTB is positioned to serve the region’s businesses. Find Out More About DTB Bank

About Mastercard
Mastercard (NYSE: MA) is a technology company in the global payments industry, operating the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. Mastercard’s products and solutions make everyday commerce activities including shopping, traveling,running a business and managing finances more secure and more efficient. Find Out More About MasterCard

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