Close Menu

    Subscribe to Updates

    Get the latest headlines from PapaLinc about news & entertainment.

    What's Hot

    ‘I slept in hotels with my newborn baby’

    Why over half of 2025 WASSCE candidates failed core mathematics

    Ex-City minister and Labour MP Tulip Siddiq found guilty in corruption trial and sentenced to two years in jail

    Facebook X (Twitter) Instagram
    • Lifestyle
    • Africa News
    • International
    Facebook X (Twitter) Instagram YouTube WhatsApp
    PapaLincPapaLinc
    • News
      • Africa News
      • International
    • Entertainment
      • Lifestyle
      • Movies
      • Music
    • Politics
    • Sports
    Subscribe
    PapaLincPapaLinc
    You are at:Home»Politics»Mastercard and Access Bank introduce innovative card to empower Ghanaians
    Politics

    Mastercard and Access Bank introduce innovative card to empower Ghanaians

    Papa LincBy Papa LincJune 23, 2025No Comments3 Mins Read1 Views
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
    Mastercard and Access Bank introduce innovative card to empower Ghanaians
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email


     In a bold move to help empower the next generation with early access to financial tools and knowledge, Mastercard and Access Bank (Ghana) PLC have launched an innovative, age-segmented card under the Bank’s youth banking propo­sition, AccessU. This unique offering is designed to empower Ghanaians aged 13 to 40 with essential financial solutions that align with different life stages and evolving aspirations. This new proposition is structured into three key life stages: teens, young professionals, and middle-estab­lished professionals —with each stage offering tailored features that meet the evolving financial needs of Ghanaians.

    For teens, the offering includes a prepaid or reloadable debit card with parental con­trols, expense-tracking tools, and scheduled allowances, aimed at teaching budgeting, saving, and financial responsibility. In addi­tion, the card offers discounts on gaming, streaming services, and educational platforms. As users transition to young profession­als, the card evolves to include a debit card paired with an entry-level credit card, using soft credit scoring to help first-time borrowers establish credit. This stage also introduces Buy Now, Pay Later (BNPL) integrations for e-commerce, travel, and gadgets, along with exclusive rewards on subscriptions such as Netflix and Spotify. The offering further sup­ports wealth-building with invest­ment-backed cashback cards. For middle-established professionals, the product expands to premium debit and credit cards that offer travel, lifestyle, career advancement and health insurance benefits, as well as business and SME-linked corporate cards for entrepreneurs and executives.

    This initiative is part of Access Bank and Mastercard’s broader agenda to close Ghana’s financial inclusion gap. Ghana has a young age structure, with approximately 57 per cent of the population under the age of 25, which empha­sises the importance of initia­tives targeting this age group. By providing accessible, customised financial tools at critical life stages, the collaboration aims to cultivate a financially empowered, digitally included generation.

    “This launch reflects our shared commitment with Access Bank Ghana to shape a more financially confident and digitally included generation. By embed­ding financial literacy and secure digital tools from an early age, we are empowering Ghana’s youth to grow into financially responsible adults while also giving families peace of mind and contributing to a more inclusive digital economy,” said Folasade Femi-Lawal, Country Manager and Area Business Head for West Africa at Mastercard.

    Pearl Nkrumah, Executive Director, Retail & Digital Banking at Access Bank Ghana, added: “Our youth are not just the future, they are the now. Through our collaboration with Mastercard, we are not just offering banking solutions to young people, but we are enhancing their job market readiness, creating recruitment opportunities, empowering young entrepreneurs, and equipping them to achieve their dreams and impact Ghana and the rest of the world. This is about giving them agency over their financial choic­es, helping them to thrive, save, spend wisely, and dream bigger.”

    As part of the broader collab­oration, Mastercard and Access Bank Ghana aim to also design a compelling proposition for women under the Bank’s flagship women banking initiative, the ‘W’ Initiative, further advancing their goal to empower women finan­cially and professionally.

    The age-segmented card will be made available across Access Bank’s physical branches and dig­ital network. This Mastercard-Ac­cess Bank collaboration presents new opportunities for fintechs, merchants and educational partners to engage Ghanaians in more meaningful and responsible ways.

    The initiative also rein­forces Access Bank Ghana’s positioning as a future-focused and youth-centric bank while supporting Mastercard’s commit­ment to advancing financial in­clusion across Africa. The launch sets a new benchmark for how financial institutions can support young people and their families in today’s digital-first economy.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
    Previous ArticleGhana and India celebrate unity and wellness at the 11th International Day of Yoga
    Next Article British services bases on high alert for Iran drone attacks following US bombing of Iranian nuclear facilities
    Papa Linc

    Related Posts

    GFZA recognised for commitment to service excellence

    December 1, 2025

    Gospel Star Selina Boateng Urges Artists to Serve God, Not Ego

    December 1, 2025

    Ghana Strengthens Defence Against Illicit Weapons with KAFO VI Training

    December 1, 2025
    Ads
    Top Posts

    Here’s why Ghana Airways collapsed in 2004

    November 5, 202452 Views

    A Plus questions the hypocrisy of NPP members who remained silent about corruption for 8 years, only to speak out after losing power.

    December 26, 202449 Views

    Miracle of ‘the 33’ that gripped the world: How dozens somehow survived 69 days of hell trapped 2,300ft down in Chilean gold mine… and the bizarre love-triangle that raged on the surface

    October 11, 202545 Views

    Urgent search continues for Paul Barning after he was attacked by shark during fishing competition

    February 23, 202543 Views
    Don't Miss
    Entertainment December 1, 2025

    ‘I slept in hotels with my newborn baby’

    Portia Asare is a Ghanaian actress Ghanaian actress Portia Asare has narrated the trauma she…

    Why over half of 2025 WASSCE candidates failed core mathematics

    Ex-City minister and Labour MP Tulip Siddiq found guilty in corruption trial and sentenced to two years in jail

    GFZA recognised for commitment to service excellence

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • WhatsApp

    Subscribe to Updates

    Get the latest headlines from PapaLinc about news & entertainment.

    Ads
    About Us
    About Us

    Your authentic source for news and entertainment.
    We're accepting new partnerships right now.

    Email Us: info@papalinc.com
    For Ads on our website and social handles.
    Email Us: ads@papalinc.com
    Contact: +1-718-924-6727

    Facebook X (Twitter) Pinterest YouTube WhatsApp
    Our Picks

    ‘I slept in hotels with my newborn baby’

    Why over half of 2025 WASSCE candidates failed core mathematics

    Ex-City minister and Labour MP Tulip Siddiq found guilty in corruption trial and sentenced to two years in jail

    Most Popular

    Whereas Black Stars had been shedding to Sudan, Kurt Okraku was promoting gamers in Germany

    October 17, 20240 Views

    The $500 billion magnificence trade’s ‘inexperienced’ ambitions are a patchwork at finest. They usually’re falling quick

    October 17, 20240 Views

    Grace Ashly on how she ‘spiritually’ energised her cheer songs for the Black Stars

    October 17, 20240 Views
    © 2025 PapaLinc. Designed by LiveTechOn LLC.
    • News
      • Africa News
      • International
    • Entertainment
      • Lifestyle
      • Movies
      • Music
    • Politics
    • Sports

    Type above and press Enter to search. Press Esc to cancel.

    Ad Blocker Enabled!
    Ad Blocker Enabled!
    Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.