Firms team up to extend digital payments to global markets

Diamond Trust Bank (DTB) has joined African payment services provider DPO Group and Mastercard in the rollout of a business to business (B2B) virtual payment card in Kenya and Tanzania.

The DPO Virtual Card is expected to improve the reach and ability of businesses to make instant digital payments to other businesses in Africa and across the world without the need for a physical credit card, debit card or bank account, improving cash flow for firms and opening up African businesses to other markets.