Rawbank and Mastercard Debut Virtual Cards in Congo via Illicocash
Tech In Africa | Grace Ashiru - Jan 09, 2024
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  • Mastercard partners with Illicocash to launch a virtual card program in the DRC
  • The program aims to facilitate eCommerce transactions for consumers and businesses
  • Rawbank's previous partnership with Thunes enhances cross-border transactions
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The partnership between Mastercard and Illicocash to introduce a virtual card program in the DRC is a positive development for enhancing financial accessibility and promoting eCommerce in the region. It addresses the challenges faced by the unbanked population and small businesses, providing them with convenient and secure digital payment solutions. This collaboration aligns with Mastercard's goal of integrating individuals and enterprises into the digital economy, contributing to economic growth and financial inclusion.
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