Rawbank app illicocash to offer virtual Mastercard payment cards in DRC

Bob Summers
Friday, February 16, 2024 03:01 PM - Comment(s)
Rawbank of Democratic Republic of Congo, through its illicocash unit, recently announced plans to offer virtual payment cards to facilitate its customers’ participation in e-commerce. The cards will carry the brand of the US-based firm Mastercard. Karim Nouri, the general manager of illicocash, said the new service “is a crucial addition to our digital services portfolio that addresses the needs of the unbanked and underbanked.” The app’s other services include paying bills, making online purchases, and sending and receiving remittances. Rawbank has 500,000 users, and illicocash has 300,000.

Bob Summers