Co-operative Bank of Kenya has introduced a suite of business cards in collaboration with Visa, aiming to transform payment systems for small and medium enterprises (SMEs) and corporate clients.
The new offering includes a Debit Card, Credit Card, and Pre-paid Business Card, all designed to enable businesses to separate personal and business expenses, manage cash flow, and optimize financial control. The cards also provide access to interest-free credit, digitized expense tracking, and exclusive offers from Visa merchants globally.
“These cards are tailored to support SMEs, Cooperative Societies, and Corporate Institutions in Kenya to better manage their expenses and empower their employees,” the bank announced during the launch. The cards are available to both Co-op Bank account holders and non-customers, accessible through all branch outlets.
Speaking at the launch, Moses Gitau, Director of Retail Banking at Co-op Bank, highlighted the development as a milestone in the bank’s ongoing digital transformation strategy. “This event marks a major step in our KES 5 billion digital investment aimed at driving innovation and supporting businesses in their journey toward digitization,” he said.
Visa East Africa Vice President and General Manager praised the collaboration, noting, “This launch is significant, especially for SMEs and corporate entities. The cards are designed to address critical pain points in business operations, making payments more efficient and transparent while driving the region’s economic development.”
Co-op Bank’s focus on innovation has earned it accolades, including recognition at the CIO100 Africa Awards, which celebrate impactful leadership in technology-driven transformation.
