KCB Bank Provides Customers Ability to Transact in 11 New Currencies With Compass Plus Partnership

To empower Kenyans with flexibility and convenience when making payments for goods or accessing funds across borders, KCB Bank, the African bank headquartered in Nairobi, Kenya, has partnered with paytech Compass Plus Technologies.

The new partnership will strengthen KCB Bank’s multi-currency offering by launching Kenya’s first platinum multi-currency prepaid card. It will allow users to load and transact in 11 currencies while helping users avoid the typical exchange fees associated with currency conversion.

Perks once enrolled

Once enrolled, cardholders will enjoy favourable exchange rates and reduced conversion costs that eliminate unexpected charges and simplify global spending. The card’s ability to handle multiple currencies removes the need for separate currency accounts or physical cards, ensuring greater convenience and security.

The 11 currencies usable on the card are:

• Kenyan Shilling
• US Dollar
• British Pound Sterling
• Euro
• Swiss Franc
• Australian Dollar
• Canadian Dollar
• Indian Rupee
• Japanese Yen
• South African Rand
• Chinese Yuan