Over the next five years, Mastercard and SumUp will bring electronic payment acceptance to several million small and medium-sized companies across Europe This partnership is yet another significant step in displacing cash and driving financial inclusion for small European businesses and supporting their entry into the formal economy Using payment terminals specifically designed to meet …
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The mobile phone could draw an extra 607 million into the financial mainstream – but access to mobile money is just the first step in achieving true financial inclusion Oslo, Norway (March 28, 2019) – A new report from Mastercard confirms the power of mobile technology to improve financial inclusion. The research shows that 15 …
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Barcelona, Spain – February 27, 2019 – Mastercard, a leading technology company in the global payments industry, has signed a global Memorandum of Understanding (MoU) with Angaza, a leader in last-mile distribution technology, which will see the two companies partner to rollout an efficient digital payment solution that increases access to affordable necessities, like solar …
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Mobile ordering and payments technology enables kiosk owners to access micro-loans Nairobi, KENYA – December 6, 2017 – Mastercard today unveiled Kionect, a digital ordering system that empowers small kiosk owners in Nairobi to order and pay for products from wholesalers via SMS. Orders submitted via a feature phone helps create a digital record for …
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For too long financial inclusion has been considered an issue which mainly affects the developing world. In fact, according to recent Mastercard research, over 130 million people are unbanked or underbanked across Europe[1]. When individuals and small businesses cannot participate in the financial system and as a result transact exclusively in cash, a significant amount …
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