Absa Bank (Mauritius) Limited, in proud partnership with Visa a global leader in digital payments, today announced a major milestone for the country’s financial landscape with the launch of Mauritius’ first-ever Multi-Currency Virtual Card, a breakthrough solution designed to change the way customers shop, travel and pay online. Built for a more connected and digital-first lifestyle, the new virtual card allows customers to instantly create, load and use a card directly through the Absa Mobile Banking App. With support for EUR, GBP, MUR, ZAR and USD, users can pay in the currency they need, reducing unnecessary conversion fees and making international spending simpler and more transparent. As customers increasingly turn to global e-commerce platforms, digital subscriptions and international travel, the demand for smarter cross-border payment options has grown. This new solution gives customers greater control over their foreign currency spending, without the need for a physical card or a branch visit. The launch adds to Absa Mauritius’ strong track record of pioneering digital payments innovations. Over the past few years, the bank has introduced several market-first solutions, including Absa Pay, the country’s first Tap-and-Pay tokenised NFC mobile payment solution; QR Scan & Pay within the mobile app; and cardless ATM withdrawals. Together, these advancements reflect the bank’s commitment to delivering fast, secure and convenient digital experiences tailored to modern financial lifestyles. Speaking at the launch, Oumesh Mungroo, Interim Chief Business Officer at Absa Bank (Mauritius) Limited, emphasised the importance of the innovation for today’s consumers: “Banking today must move at the pace of our customers’ lives. Whether they’re shopping online, travelling or managing international subscriptions, they expect payment solutions that are instant, secure and easy to manage. With the Multi-Currency Virtual Card, we’re bringing simplicity, flexibility and digital convenience together in one solution. Customers can create and start using their card within minutes, directly from the Absa Mobile App.” The virtual card can be funded instantly from a customer’s account and used immediately for online purchases, international payments and subscription services, enabling a seamless, borderless experience. The launch is supported by Visa, Absa’s global payments partner, whose trusted network powers secure, reliable transactions across millions of merchants worldwide. Christian Mbonampeka, Country Manager, Indian Ocean Islands and Djibouti at Visa added “This launch reflects a shared commitment to making digital payments simpler, safer and more relevant to today’s connected lifestyles. By enabling customers to manage and spend in multiple currencies through a virtual card, Absa Mauritius is addressing a real and growing need, while Visa’s network ensures transactions remain secure and trusted wherever customers choose to pay.” By introducing the country’s first Multi-Currency Virtual Card, Absa Mauritius reinforces its position as a digitally powered, future-ready bank, committed to delivering innovative solutions that make money management simpler, safer and more accessible for customers participating in today’s global digital economy. |
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