Through the partnership, the bank has launched its Coopbank Prepaid Mastercard offering designed specifically to enable international travellers from Ethiopia to complete global purchases online through e-commerce sites and digital platforms.
Card transactions will be supported by a dedicated mobile app that will offer “efficient card management capabilities”, Mastercard says.
Additionally, the Addis Ababa-based bank will also deploy Mastercard’s Community Pass technology, which functions as an “interoperable digital platform facilitating service delivery for marginalised individuals and communities”, according to Mastercard’s website.