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MasterCard Launches First Mobile Money Solution in Peru

This week, MasterCard and Movistar announced the launch of Tu Dinero Movil (Your Mobile Money),  the first mobile money service in Peru. The solution was developed by both companies to drive financial inclusion among the large segment of the population that currently doesn’t have access to financial services. More than 16 million Movistar users will be able to benefit from this solution, and take advantage of the benefits of electronic payments through their cell phones.

To learn more about MasterCard’s recent launch of Tu Dinero Movil, read the press release here.