Dashen Bank announced yesterday the launch of the outbound Dashen American Express International Debit Card, in exclusive partnership with American Express.
The international debit card will allow customers to use it at POS machines when traveling globally, instead of having to make payments with cash, and it is said to have significant benefit to customers who often travel overseas enabling them to easily obtain foreign currency & undergo any transaction using their card when traveling outside of Ethiopia. It will also enhance the traveling experience outside Ethiopia and encourage customers to make more of their payments through e-commerce, such as those for hotel bookings and flights.
According to a statement from the bank, customers can access their foreign currency account to make purchases abroad. In addition to this, cardholders also benefit from cashless transactions, improved safety, a card that is light to carry, no withdrawal limit, and access to the global American Express merchant and ATM network.
Dashen American Express® International Debit Card is highly convenient for prominent customers, international corporations, and customers with high foreign currency inflow, who frequently travel for business to different corners of the world, the statement reads.
“The payment industry continues to evolve and regulations start to relax, Dashen Bank is always at the forefront in introducing latest innovations and delivering quality products & services to its customers” Asfaw Alemu, CEO of Dashen Bank Sc, said at the launching ceremony held at the bank's premises.
“We are now delighted to announce the launch of Dashen Bank American Express® International Debit Card, which allows Ethiopian travelers to make easy, secure, and convenient payments globally,” he added.
The launch of the card will also avoid the potential risk of carrying physical cash and give our customers the greatest freedom of shopping. The Bank is also delighted to partner with AMEX, one of the reputable brands in the payment industry to co-brand the card.
Moreover, the bank announced that it also works in partnership with renowned international electronic payment brands like American Express, VISA, Mastercard, and UnionPay and prominent worldwide money transfer agents such as Western Union, MoneyGram, Express Money, Dahabshiil, Ezremit, Transfast, WorldRemit, and Ria.