Multicurrency Prepaid Card

A Multicurrency Prepaid Debit Card by Mastercard that allows transacting in up to 6 active currencies from a choice of 11 available currencies with a single card. Enabling conversion of currencies through an online portal, hence avoiding high exchange rates at the time of travel.

Target market - individual customers - mass market.

  • No joining fees
  • Accepted at any Mastercard POS merchant worldwide
  • Accepted at any Mastercard ATM worldwide
  • E-commerce enabled
  • PayPass enabled (i.e. contactless payment)
  • Convert currency to the type needed before travel
  • Currency:
    • Tanzanian Shillings (TZS)
    • United States Dollar (USD)
    • Great British Pound - Sterling (GBP)
    • Euro (EUR)
    • Indian Rupee (INR)
    • UAE Dirham (AED)
    • South African Rand (ZAR)
    • Canadian Dollar (CAD)
    • Chinese Yuan (CNY)
    • Kenyan Shilling (KES)
    • Ugandan Shilling (UGX)
  • Channels:
    • Withdrawals from Mastercard ATMs
    • Enabled for use at Mastercard POS merchants
    • E-commerce enabled
    • PayPass enabled
  • * VAT applicable on above mentioned Tariffs
  • * For withdrawals done using other currencies, fees will be the foreign currency equivalent of the TZS charge
Transaction Limits (TZS)
Value Description Domestic (TZS) International (TZS)
Card Limit Total maximum value that can be on the card at any given time 23,000,000 23,000,000
ATM Cash Withdrawal (per transaction limit)   500,000 1,200,000
POS - Contactless Payment (per transaction limit) Point of Sale (POS) - Contactless - Tap and Pay Transactions 100,000 100,000
POS - Contactless Payment (per day limit) Point of Sale (POS) - Contactless - Tap and Pay Transactions 400,000 400,000
POS - PIN Verification (per transaction limit) Point of Sale (POS) - Transactions using your Transaction Pin 11,500,000 11,500,000
E-Commerce Transactions (per transaction limit) Online Transactions 11,500,000 11,500,000
Total Daily Transaction Velocity Limit Number of Loads 3 Transactions/Loads
Total Daily Transaction Velocity Limit Number of Spending Transactions 15 Transactions
Loading & Spending Limits    
Daily Limit   23,000,000 23,000,000
Monthly Limit   50,000,000 50,000,000
Annual Limit   300,000,000 300,000,000
  • * VAT applicable on above mentioned Tariffs
  • * For withdrawals done using other currencies, fees will be the foreign currency equivalent of the TZS charge