18 July 2014
Mastercard and Guaranty Trust Bank Gambia (GTBank Gambia) today announced a collaboration that will broaden the acceptance of MasterCard payment cards in The Gambia. Consumers can now use their MasterCard prepaid, credit and debit cards at GTBank Gambia ATMs and Point of Sale (POS) terminals including hotels, restaurants and retailers around the country.
“Tourists and business travelers carrying MasterCard will now be able to withdraw money and make payments in the local currency ‘Dalasi’, for the first time on our 21 GTBank ATMs and 76 merchant outlets strategically located in Banjul and greater Banjul area. We wish to thank MasterCard International for accepting us as partners in our common drive of simply satisfying customers around the world,” says Femi Omotoso, Managing Director, GTBank Gambia.
The Central Bank of Gambia envisions a modernised payments system for the country, which involves the increased adoption of electronic payments. This is in recognition of the high costs associated with cash, such as printing, handling and security.
“We are proud to partner with GTBank, which is quickly growing its presence in Africa. This is the first time that MasterCard payment cards will be accepted at ATMs in The Gambia and is a great milestone for us as we aim to create a cashless society,” says Omokehinde Ojomuyide, Vice President and Area Business Head, MasterCard in West Africa.