NMB BANK UNVEILS PARTNERSHIP WITH UNION PAY INTERNATIONAL

Zanzibar’s Minister for Information, Tourism and Heritage, Mahmoud Thabit Kombo symbolizes cash withdrawal using a Union Pay Card at an NMB Bank ATM. Looking on are the bank’s Chief Executive Officer, Ruth Zaipuna (second left), Chief of Retail Banking, Filbert Mponzi (second right) and other top officials at the bank.

Zanzibar’s Minister for Information, Tourism and Heritage, Mahmoud Thabit Kombo (second right) and top officials from NMB Bank led by the Bank’s Chief Executive Officer, Ruth Zaipuna displaying the new logo for NMB Pay.

Zanzibar’s Minister for Information, Tourism and Heritage, Mahmoud Thabit Kombo exchanges a light moment with NMB Bank’s Chief Executive Officer, Ruth Zaipuna and the Bank’s Chief of Retail Banking, Filbert Mponzi.

NMB Bank Plc has announced the debut of offering services with UnionPay International that enables UnionPay cardholders worldwide to access services at NMB ATMs, merchant Point-of-Sales (POS) and e-commerce platform across Tanzania. NMB Bank merchants are also enabled to accept online payments on their websites.

The NMB Bank Chief Executive Officer, Ruth Zaipuna, said the UnionPay acquiring services being launched will facilitate quick, easy and secure payment services enabling real-time access to UnionPay cardholders to their funds with extra digital value-added services.

“This is another milestone on NMB Bank’s commitment to enhance customer service access and experience. It is also an opportunity for merchants such as retail stores, hotels, tour operators to boost their cross-border businesses by accepting online payments,” she said.

“With our chain of more than 1,750 POS terminals and over 800 ATMs across the country, the service is expected to significantly benefit UnionPay cardholders.”

A UnionPay card is recognized as a significant payment tool for the trade, tourism and culture exchanges between Africa and Asia. This cooperation between NMB Bank and UnionPay International has further extended UnionPay’s cross-border capabilities and symbolize a new era of financial transformation,” said Mr. Luping Zhang, General Manager of UnionPay International Africa Branch, “We are excited to roll out this comprehensive acceptance with NMB Bank, a market leader in Tanzania”.

UnionPay International offers high quality cross-border payment services, competitive and secured services to cardholders worldwide, and ensures convenient and swift local services to an increasing number of merchants and customers using UnionPay cards.

Today, with over 8.4 billion cards issued in 61 countries and regions, UnionPay serves the world’s largest cardholder base. In Africa, UnionPay is present in 50 countries with cards issued locally in 11 countries. Moreover, UnionPay has launched various innovative payment products in Africa in response to the worldwide digital transformation and financial inclusion.