Mama Money taps WhatsApp for cross-border payments

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Mama Money News

Access Bank,Paymentology,Cross-Border Money Transfer

The fintech firm joins forces with Access Bank and Paymentology, to launch a bank card service that uses WhatsApp banking.

has joined forces with Access Bank and bank card issuer Paymentology, to launch a bank card service that uses WhatsApp banking.

The Mama Money Card costs R100, with R25 monthly fees. To apply for the card, users register on the Mama Money App with either a passport or asylum document. Through Paymentology’s payment solution, it adds, the Mama Money Card offers security features that allow users to instantly freeze the card through WhatsApp in case of loss or theft.

 

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