Absa Bank Kenya has today introduced a new doctor’s customer value proposition that will benefit 10,000 medical practitioners affiliated with Kenya Medical Association (KMA).
Under this partnership, medical practitioners will receive Absa prepaid multi-currency smartcards that double as both membership identification and a prepaid card that enables doctors to access electronic payments, among other financial benefits.
KMA members will also enjoy the benefits of relationship management, credit access with business unsecured loans of up to KES10 million, personal unsecured loans of up to KES6 million, and tailor-made asset financing and mortgage facilities offering discounted interest rates. They will also be entitled to an Absa Platinum and Gold Credit card that offers convenience, safety, ease, and a contactless payment solution for their transactions.
Under this partnership, medical professionals licensed by the Kenya Medical Practitioners and Dentist Council (KMPDC) and practicing in both private and public health care sectors will receive prepaid cards that will also act as a KMA membership card. These cards also possess transactional capabilities where members can load funds via Absa online banking, MPESA or a visit to any Absa branch. KMA can also load funds to any member’s cards undertaking travel or other activities on behalf of KMA.
The partnership comes at a time when the country’s financial sector is fast-tracking the adoption of digital money systems thus making digital payments critical in the post-pandemic era.
