{"id":498607,"date":"2026-06-14T02:12:30","date_gmt":"2026-06-14T02:12:30","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/498607\/"},"modified":"2026-06-14T02:12:30","modified_gmt":"2026-06-14T02:12:30","slug":"diamond-trust-bank-mastercard-enable-wearable-payments-in-kenya","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/498607\/","title":{"rendered":"Diamond Trust Bank, Mastercard enable wearable payments in Kenya"},"content":{"rendered":"<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Diamond Trust Bank (DTB) Kenya has launched DTB Wearables, a new range of contactless payment solutions for wearable devices.\u00a0<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">In collaboration with Mastercard, and powered by Tappy Pay, Diamond Trust Bank said it was the first tier one bank in Kenya to offer contactless payments via wearables.\u00a0<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">DTB and Mastercard announced the partnership at Gitex Kenya, taking place in Nairobi this week, and signed a memorandum of understanding (MoU) to move the partnership forward.\u00a0<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">The MoU was signed by Victor Ndlovu, Mastercard VP and head of business development for East Africa, and George Otiende, director of retail banking at Diamond Trust Bank.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">DTB said the payment solution will provide greater convenience, speed, security, and lifestyle integration for customers making everyday payments.<\/p>\n<p>NFC-enabled wearables for Kenya<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">The NFC-enabled wearables allow customers to make payments by tapping their wristband or ring on any contactless-enabled point-of-sale terminal.<\/p>\n<p data-component=\"related-article\" class=\"RelatedArticle\">Related:<a class=\"RelatedArticle-RelatedContent\" href=\"https:\/\/www.connectingafrica.com\/fintech\/mtn-momo-mastercard-expand-digital-financial-services-access\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">MTN MoMo, Mastercard expand digital financial services access<\/a><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">NFC (near field communication) is\u00a0a short-range wireless technology that allows electronic devices to communicate and share data over a distance of a few centimeters.<\/p>\n<p><img decoding=\"async\" data-testid=\"content-image\" data-component=\"image\" class=\"ContentImage-Image ContentImage-Image_align_left\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/06\/DTB_Mastercard_MoU_Gitex_Kenya_2_(1).jpg\"   loading=\"lazy\" alt=\"Victor Ndlovu from Mastercard and George Otiende from Diamond Trust Bank sign an MoU at Gitex Kenya 2026. \" title=\"Victor Ndlovu from Mastercard and George Otiende from Diamond Trust Bank sign an MoU at Gitex Kenya 2026. \"\/><\/p>\n<p class=\"ContentImage-Link\">Victor Ndlovu, VP and head of business development for East Africa at Mastercard and George Otiende, director of retail banking at Diamond Trust Bank, sign an MoU at Gitex Kenya 2026. (Source: Mastercard)<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Payments are linked to customers&#8217; existing DTB debit cards, and the bank said the solution eliminates the need to carry cash, physical cards, or even mobile phones.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">&#8220;At DTB, innovation is about using technology to make banking simpler, safer, and more intuitive for our customers,&#8221; said Diamond Trust Bank MD and CEO for Kenya, Murali Natarajan.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">&#8220;DTB Wearables represent a significant step forward in the evolution of digital payments in Kenya, moving beyond traditional cards and devices to deliver secure, always-on payment experiences that fit seamlessly into everyday life,&#8221; added Natarajan.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">DTB Wearables will be available as silicone wristbands featuring a Kenya flag design and as ceroxy or ceramic rings.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">The wearables are compatible with all contactless-enabled merchant terminals nationwide.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Shehryar Ali, senior VP and country manager for East Africa at Mastercard, said the partnership will help advance digital payments for Kenyan consumers.\u00a0<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">&#8220;By driving the adoption of wearable technology, we are enabling faster, safer transactions and supporting the growth of a truly cashless economy,&#8221; Ali added.\u00a0<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Diamond Trust Bank is an East African commercial banking franchise operating in Kenya, Tanzania, Uganda and Burundi.\u00a0<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">The bank is an affiliate of the Aga Khan Development Network (AKDN) and is listed on the Nairobi Securities Exchange (NSE).<\/p>\n","protected":false},"excerpt":{"rendered":"Diamond Trust Bank (DTB) Kenya has launched DTB Wearables, a new range of contactless payment solutions for wearable&hellip;\n","protected":false},"author":2,"featured_media":498608,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[61,60,202,80],"class_list":["post-498607","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mobile","tag-ie","tag-ireland","tag-mobile","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/498607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=498607"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/498607\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/498608"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=498607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=498607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=498607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}