Salaam Somali Bank has partnered with Mastercard to launch the ‘WAAFI’ multi-currency prepaid card, a significant advancement for Somali financial services. This new card aims to enhance the financial landscape by providing Somali customers with a versatile and secure payment tool.
The ‘WAAFI’ card supports transactions in multiple currencies, making it an ideal solution for Somali citizens and expatriates who need to conduct international transactions seamlessly. The card is designed to cater to the growing need for flexible financial solutions in a globalized economy, enabling users to manage their finances more effectively.
The collaboration between Salaam Somali Bank and Mastercard reflects a commitment to financial inclusion and innovation. By leveraging Mastercard’s advanced payment technology and Salaam Somali Bank’s local expertise, the ‘WAAFI’ card promises to offer a reliable and user-friendly experience. The card will be available for both personal and business use, providing an array of benefits including ease of online purchases and enhanced security features.
The launch event highlighted the card’s potential to simplify cross-border transactions and provide greater financial access to the Somali diaspora. With its multi-currency functionality, the ‘WAAFI’ card is set to play a crucial role in bridging the gap between Somali financial services and the global market.