Jakarta, 26 October 2016 – Mastercard, Palang Merah Indonesia, and the American Red Cross have launched a pilot program to use Mastercard Send  to distribute funds digitally to families in Indonesia via their mobile phones. Families could use the funds to purchase water and other items during the drought season. The partnership marks the first expansion of Mastercard Send …
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Across the globe, 130 million people require humanitarian assistance in order to survive. To help address this massive need, Mastercard partners with UN agencies and NGOs around the world to provide technology such as the Mastercard Aid Network, Mastercard prepaid cards and Mastercard Send for Disbursements to improve the distribution of aid to refugees, internally …
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New Pakistan program builds on MasterCard learnings, results MasterCard leading conversation on private-sector commitment to Financial Inclusion To tweet this news, copy and paste http://mstr.cd/1l6kTof to your Twitter handle with the hashtags #MasterCard and #FinancialInclusion PURCHASE, NY June 5, 2014 –MasterCard’s technology combined with increased engagement of governments is helping drive greater expansion of financial inclusion. Public-private …
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The number of mobile subscriptions around the world clocked in at 6.6 billion last year. That number is set grow by 6% to reach 9.3 billion in 2019, according to Ericsson’s 2013 mobility report. With the ever-increasing uptake in the usage of smartphones, mobile PCs, and tablets, the future of payments will be mobile. The …
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Nearly half the world’s adult population, an estimated 2.5 billion people, lack access to formal financial services. And without it, large numbers of people continue to be left behind. Their exclusion from the modern financial system restricts their personal economic growth and empowerment, and ultimately hinders economic prosperity on a larger scale. Promoting global financial …
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