We thought we had a winning partnership when we teamed up last year with telecom provider Etisalat and Oberthur Technologies to make mobile payments a reality in the UAE. Now, we have outside confirmation.
MasterCard, Etisalat and Oberthur won the Mobile Money Innovation category at this week’s GSMA World Congress in Barcelona. The Global Mobile Awards are basically the Oscars of the mobile industry. It’s a big deal for us, our partners and, most importantly, the end consumer.
Awards aside, our partnership with Etisalat and Oberthur Technologies gives people in the UAE a new, convenient way to pay. Etisalat customers can now securely check out with the simple tap of their smartphone at any merchant with MasterCard PayPass. It’s quick. It’s easy. It’s safe. And it’s the future of payments — not just in the UAE but around the world.
We thank Etisalat and Oberthur for working with us and seeing the future of commerce. We couldn’t have done it without them.
This year’s award also marks back-to-back wins for MasterCard and our partners. Last year, we teamed up with Airtel Africa and Standard Chartered Bank to win Best Mobile Money Product or Solution for the world’s first virtual card on a mobile phone, opening up new options for people who have limited or no access to traditional banking.
It’s a testament to our employees and global partners to be back in the winner’s circle again this year.