KCB orders 5 million cards to fight fraud.

KCB will introduce 5 million chip and PIN debit and pre-paid cards in the Kenyan market; joining standard chartered which is set to introduce the technology soon. The Kenya bankers Association- KBA had set a March 2014 deadline as the debt lenders should migrate from the current magnetic strip cards to chip based cards. This is aimed to curb the rampant debit and credit card fraud in the Kenyan market.

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