Mastercard is usually tethered to a physical ATM card from the bank. What Airtel has done is create a virtual debit card tethered to a customer’s Airtel Money account. A user doesn’t need to have a bank account to make international transactions from now on. As such, your Airtel Money account balance will mirror the Airtel Money Mastercard account. Subsequently, Airtel is poised to tap into its legion of customers who already use the Airtel mobile money service but might be having issues making international transactions outside Uganda.
How to create an Airtel Money Mastercard using USSD
Dial 1857# on Airtel»Select option #9 (AirtelMoney Mastercard)»Select option #1 (Get a Card)»Enter AirtelMoney PIN to continue.»You will receive an SMS with the Mastercard information. .
How to get Airtel Money Mastercard using My Airtel App
Open the My Airtel App. »Tap/ swipe to Airtel Money and enter your PIN to access the service. »Tap on ‘Mastercard Get Card’ option with the Mastercard logo in the wallet tile»Re-enter your Airtel Money PIN to initiate the creation of a virtual Mastercard in your name. »You will get an SMS with a link to your Mastercard information.
MTN Uganda launches MoMocard, a Mastercard-powered virtual card for shopping and making paymentsMy Airtel App Review: Here’s what’s new with Airtel’s new App
Airtel Mastercard security and charges
First off, the Airtel Mastercard is completely free of charge to create. As for transactions, Airtel will deduct a maximum fee of UGX 1000 per transaction. Airtel Money subscribers will benefit from Airtel’s robust mobile money platform. Even so, a subscriber can delete their Mastercard at anytime for security reasons and create a new card at any time of their choosing. Airtel isn’t the first telco to offer Mastercard. MTN Uganda has a similar partnership with Mastercard and offers the same service. What Airtel has done is simply to even the playing field.