KCB Bank Kenya, Carrefour and Mastercard Launch Prepaid Card for Smarter Grocery Spending

KCB Bank Kenya  has partnered with Carrefour  and Mastercard  to introduce the Carrefour Prepaid Card, a new payment solution designed to help customers better manage household grocery spending while accessing exclusive shopping benefits.

The prepaid card enables customers to allocate and control grocery budgets, monitor spending on household essentials and enjoy exclusive Carrefour discounts, cashback offers and rewards. It can also be reloaded using any bank card from anywhere in the world, providing a convenient way for individuals to support family members with their grocery expenses.

The initiative aims to promote smarter financial management by giving customers greater visibility and control over their everyday shopping while encouraging the use of secure digital payment methods.

Christophe Orcet, Regional Director – East Africa at Majid Al Futtaim Retail, said the card is intended to simplify grocery shopping by providing customers with an easy-to-use tool for planning and managing household budgets while benefiting from the convenience of card payments and exclusive rewards.

John Wagacha, Head of FMCG at KCB Bank Kenya’s Corporate Banking Division, said the partnership reflects the bank’s commitment to delivering innovative payment solutions that address evolving customer needs. He noted that the prepaid card reduces reliance on cash, is supported by round-the-clock customer service and can be used across all Carrefour stores, while offering features that support better financial planning and day-to-day spending management.

The collaboration between KCB Bank Kenya, Carrefour and Mastercard underscores the partners’ shared focus on expanding access to secure, convenient and value-driven payment solutions that help consumers manage household expenses more effectively while enhancing the overall shopping experience.