Mastercard unveils Mastercard Track, a global trade platform for businesses

Mastercard has partnered with Microsoft to introduce Mastercard Track, a  global trade platform that will simplify and enhance how companies around the world do business with each other. While parts of the B2B process have been digitized, large and costly gaps still remain – an estimated $500 billion in annual administrative costs and rising. These costs are added to the inefficiency […]

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Salah Goss appointed Mastercard’s Labs for Financial Inclusion lead in Kenya

Mastercard has today announced the appointment of Salah Goss as Head of the Mastercard Labs for Financial Inclusion to be based in Nairobi, Kenya. Salah has been with Mastercard for four years, and previously served as Vice President, Global Products and Solutions. In her previous role, Salah Goss was focused on creating partnerships with the […]

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Mastercard appoints Raghav Prasad as new Sub-Saharan Africa Division President

Spurred on by the company’s steady growth in Sub-Saharan Africa and in line with its focus on investing in the continent, Mastercard has appointed Raghav Prasad as Division President for Sub-Saharan Africa. Prasad will strengthen the company’s ongoing commitment to delivering value to customers and consumers in Africa by leveraging technology to build stronger and […]

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Mastercard partners with Selcom to Expand its Masterpass QR mobile payment solution in Tanzania

Mastercard has today announced a new partnership with Tanzanian fintech Selcom to expand its mobile payments solution, Masterpass QR, in Tanzania. The announcement was made today at the ongoing Financial Times Payments Innovation Summit happening in Nairobi Kenya. The partnership will provide Mastercard access to Selcom’s established network of merchants in Tanzania and the two […]

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Mastercard and M-KOPA Solar Partner to Light Up Homes and Businesses in Africa

Mastercard has announced a new partnership Kenyan pay-as-you-go solar provider M-KOPA to light up homes and businesses in Africa.  Under this partnership unveiled at the  Mobile World Conference, M-KOPA will also pilot Mastercard’s Quick Response (QR) payment technology in Uganda to extend the reach of its pioneering pay-as-you-go solar program. “We may take for granted […]

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Mastercard launches #Girls4Tech programme to Drive Interest in STEM among Girls in Kenya

Mastercard has launched a new programme aimed at driving interest in Science, Technology, Engineering and Maths (STEM) among girls in Kenya aged between 10 and 12. Known as Girls4Tech, the programme which was launched yesterday in partnership with Youth for Technology will see thirty primary schools girls in Nairobi participate. The programme also aims to […]

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Mastercard invests in building a cashless Ghana

In a bid to become an African economic powerhouse, Ghana has announced a new partnership with Mastercard to smartly integrate technology into all aspects of the country’s economy.– building for the future, a cashless Ghana. If Ghana is to achieve its goal of becoming an economic force in Africa, the move beyond cash must remain […]

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How to Build More Connected and Inclusive Cities

By Carlos Menendez, When thinking about the cities of the future, I know that they will be more connected, and I strongly believe that they must be more inclusive. We can’t have the Internet of Everything without the Inclusion of Everyone. Already today, a growing number of cities are using smart technologies to better connect people […]

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DTB and Mastercard unveil a new Digital Payments solution in Kenya

Diamond Trust Bank Kenya (DTB) and Mastercard have partnered to roll out a mobile payment solution that will enable millions of businesses to accept fast and secure digital payments from consumers. Known as DTB Masterpass QR app , the mobile payment solution that will enable users to safely pay for in-store purchases by scanning a Quick […]

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Uganda Bankers Association and Mastercard partner to Strengthen the country’s Financial Services Sector

Mastercard has signed a strategic partnership agreement with the Uganda Banker’s Association (UBA) to develop a framework that will strengthen the local financial services sector. This is in support of  Uganda’s National Vision 2040 that aims to transform the country into a prosperous African powerhouse. The agreement between UBA and Mastercard is geared to support […]

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Ecobank Group and Mastercard recognised at African Banker Awards

  Ecobank Group and Mastercard were recognized at the African Banker Awards held on Tuesday night. The two were awarded for their for delivering ‘Innovation in Banking’ through their strategic partnership. The award ceremony was under the patronage of the African Development Bank, and is the continent’s banking and finance sector’s most prestigious event in […]

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Mastercard 2KUZE platform to Digitize East Africa’s Agricultural Sector

Mastercard has launched a digital platform aimed at connecting smallholder farmers, agents, buyers and banks in the East African region. Known as 2KUZE, the platform will enable farmers to buy, sell and receive payments for agricultural goods via their feature phones.   The platform according to Mastercard, brings the benefits and security of mobile commerce […]

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MasterCard commits up to $1 million to advance financial inclusion in Rwanda

The MasterCard Center for Inclusive Growth has announced that it has committed $1 million to advance economic growth and financial inclusion in Rwanda over the next 3 years. This announcement was made by Raghu Malhotra President Middle East and Africa for MasterCard at the World Economic Forum on Africa (WEF) in Kigali. “The Rwandan story […]

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Now, Mastercard wants you to authenticate payments through ‘Credit Card Selfies’

MasterCard is experimenting with a smartphone app which allows people to confirm their identity and authenticate online transactions via a facial scan. Users will have to download the MasterCard phone app and at checkout they will be asked to hold up their phone to stare and blink at it. “The new generation, which is into […]

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HomeSend Wins ”Best Payment Product” in Africa Award

HomeSend, has received the 2015 “Best Payment Product in Africa” award at the Asian Banker Middle East and Africa Awards. The award recognizes payment products that efficiently enable secure, end-to-end transactions for customers, utilizing innovative channels or devices. HomeSend is an international transfer hub created by MasterCard, eServGlobal andBICS and is one of the world’s most extensive cross-border […]

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