Barclays offers a Corporate payroll solution through its new Prepaid Card

Barclays Bank Tanzania Product Development Manager-Retail and Business Banking, Erica Mwaipopo (right) and bank’s Marketing and Corporate Relations Executive, Nasikiwa Berya, displays a dummy of the just launched BBT prepaid card at a  function in Dar es Salaam

today​.

26 February, 2018, Dar es Salaam – Barclays Bank Tanzania Limited customers receives a new card payment solution.

Barclays Corporate clients can now eliminate the hassle of making cash payments to their employees through the Barclays Prepaid Card Corporate payroll solution.  

Speaking during the announcement, the Barclays Product Development Manager– Retail and Business Banking, Erica Mwaipopo said “This new product will enable employers to pay their employees (who don’t even need a bank account) their salaries/wages, expenses and allowances. Furthermore, the card can be used like a normal Visa debit card allowing the employees to use it to pay for shopping, meals and hotel stays, or to withdraw cash from ATMs”.  

In recent years, Barclays was awarded the VISA Agile Award which recognizes the best acquiring bank in Tanzania. The award showcases the bank’s commitment to providing card payment solutions for all Tanzanian’s.

Also in attendance, was the Barclays Senior Account Manager-Barclaycard Acquiring, John Mcharo who said “We are very excited about this new product, we believe in providing our customers with solutions which will truly transform their way of doing business. This new card will allow employers to handle less cash, reduce the use of cheques as a payment solution and provide full control over payments”.  

The Barclays Prepaid Card is an agile solution that allows corporates and government to issue preloaded cards to recipients as part of a programme where control of cash is vital.