Absa Launches A Special Card For Travel Agents And Businesses

Absa Bank Kenya, in collaboration with Visa, a world leader in digital payments, has introduced the Visa Commercial Choice Program, a new Corporate Card solution targeting members affiliated with the Kenya Association of Travel Agents (KATA), allowing them the benefits of automation, flexibility, and better cash flow management.
Under this partnership, travel agents under KATA – the umbrella body for Travel Agents representing over 300 travel agencies, will enjoy the ease of smarter payment solutions for business-to-business (B2B) transactions, managing working capital, achieving operational efficiency, and better supplier management.
With the newly launched Visa Commercial Choice Travel Programme, Absa Bank can now support travel agents by offering them the convenience of payments in Kenyan Shillings or US Dollars, empowering them to manage cash flows efficiently and optimize working capital. In addition, members can leverage the Visa Commercial Pay Virtual Card Platform to automate booking processes and access better tools for managing data and reconciling tools, all with an intuitive, easy-to-use reporting feature.
As part of this, the Bank is also launching a revamped Absa Corporate Visa Card, developed with enhanced features and flexibility that aims at addressing the challenges of businesses of all sizes. With this card and the new Visa Commercial Pay Virtual Card Platform, businesses can get more visibility and control over their employee-initiated expenses and payments.
While making the announcement, Absa Bank Consumer Banking Director, Moses Muthui said:
“The collaboration between Absa Bank Kenya, Visa, and the Kenya Association of Travel Agents marks a significant milestone in our efforts to empower businesses and accelerate digital inclusion in this space with smarter and integrated payment solutions. This solution will help the travel agents win business without the stress of losing a booking when a payment fails or the burden of managing working capital of paying suppliers upfront.”
“We have been speaking to our clients and professionals from different sectors to understand their specific needs and this new solution is just one among many others that we are rolling out for our customers in various disciplines,” he noted.
Speaking about the partnership, Eva Ngigi-Sarwari, Visa Kenya Country Manager said:
“We are delighted to partner with Absa Bank Kenya and KATA on this offering for travel agents which signifies our shared commitment to innovation, convenience, and service excellence. By combining Visa’s global reach and advanced technology with Absa’s deep local market expertise, we are confident that this new payment solution will significantly enhance the way travel agents manage their transactions, providing them with a seamless, efficient, and secure experience.”
On their part, Nicanor Sabula KATA CEO said “We are thrilled about this strategic collaboration between Absa Bank Kenya and Visa, as it signifies an important milestone for our members. The launch of the Absa Corporate Visa Card tailored for KATA members not only exemplifies our commitment to providing industry-focused financial solutions but also reflects a deep understanding of the members’ specific business needs. Other key features and benefits of the card include a virtual and physical card option where customers have the flexibility to choose between virtual and physical card formats, providing convenience and accessibility for different payment scenarios. It also comes with a Visa Commercial Pay, enabling seamless payments to travel suppliers such as airlines and hotels. This integration streamlines payment processes and supports automated reconciliation of transactions, reducing manual efforts and enhancing efficiency.
Customers using the Absa Corporate Visa Card will also gain access to other Absa Bank offerings, including asset finance solutions and transactional product solutions such as guarantees and invoice discounting, further enhancing their business management capabilities.
The launch of the Absa Corporate Visa Card underscores Absa Bank Kenya’s commitment to innovation and excellence in serving its clients. By leveraging cutting-edge technology and strategic partnerships, Absa continues to deliver solutions that meet the evolving needs of businesses in Kenya and beyond, Muthui added.
Read Also: Analysts Ask Investors To Bet On Absa Bank Shares This Week
About Soko Directory Team
Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system. Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory
- January 2025 (118)
- February 2025 (69)
- January 2024 (238)
- February 2024 (227)
- March 2024 (190)
- April 2024 (133)
- May 2024 (157)
- June 2024 (145)
- July 2024 (136)
- August 2024 (154)
- September 2024 (212)
- October 2024 (255)
- November 2024 (196)
- December 2024 (143)
- January 2023 (182)
- February 2023 (203)
- March 2023 (322)
- April 2023 (298)
- May 2023 (268)
- June 2023 (214)
- July 2023 (212)
- August 2023 (257)
- September 2023 (237)
- October 2023 (264)
- November 2023 (286)
- December 2023 (177)
- January 2022 (293)
- February 2022 (329)
- March 2022 (358)
- April 2022 (292)
- May 2022 (271)
- June 2022 (232)
- July 2022 (278)
- August 2022 (253)
- September 2022 (246)
- October 2022 (196)
- November 2022 (232)
- December 2022 (167)
- January 2021 (182)
- February 2021 (227)
- March 2021 (325)
- April 2021 (259)
- May 2021 (285)
- June 2021 (272)
- July 2021 (277)
- August 2021 (232)
- September 2021 (271)
- October 2021 (304)
- November 2021 (364)
- December 2021 (249)
- January 2020 (272)
- February 2020 (310)
- March 2020 (390)
- April 2020 (321)
- May 2020 (335)
- June 2020 (327)
- July 2020 (333)
- August 2020 (276)
- September 2020 (214)
- October 2020 (233)
- November 2020 (242)
- December 2020 (187)
- January 2019 (251)
- February 2019 (215)
- March 2019 (283)
- April 2019 (254)
- May 2019 (269)
- June 2019 (249)
- July 2019 (335)
- August 2019 (293)
- September 2019 (306)
- October 2019 (313)
- November 2019 (362)
- December 2019 (318)
- January 2018 (291)
- February 2018 (213)
- March 2018 (275)
- April 2018 (223)
- May 2018 (235)
- June 2018 (176)
- July 2018 (256)
- August 2018 (247)
- September 2018 (255)
- October 2018 (282)
- November 2018 (282)
- December 2018 (184)
- January 2017 (183)
- February 2017 (194)
- March 2017 (207)
- April 2017 (104)
- May 2017 (169)
- June 2017 (205)
- July 2017 (189)
- August 2017 (195)
- September 2017 (186)
- October 2017 (235)
- November 2017 (253)
- December 2017 (266)
- January 2016 (164)
- February 2016 (165)
- March 2016 (189)
- April 2016 (143)
- May 2016 (245)
- June 2016 (182)
- July 2016 (271)
- August 2016 (247)
- September 2016 (233)
- October 2016 (191)
- November 2016 (243)
- December 2016 (153)
- January 2015 (1)
- February 2015 (4)
- March 2015 (164)
- April 2015 (107)
- May 2015 (116)
- June 2015 (119)
- July 2015 (145)
- August 2015 (157)
- September 2015 (186)
- October 2015 (169)
- November 2015 (173)
- December 2015 (205)
- March 2014 (2)
- March 2013 (10)
- June 2013 (1)
- March 2012 (7)
- April 2012 (15)
- May 2012 (1)
- July 2012 (1)
- August 2012 (4)
- October 2012 (2)
- November 2012 (2)
- December 2012 (1)