Mastercard Economics Institute report estimates that 20-30% of the COVID-related surge in e-commerce spending to be a permanent feature in share of overall retail spending Trend away from cash is expected to be more persistent in economies such as the UAE; the e-commerce opportunity in East Africa is significant to bridge the digital divide Young …
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Mastercard has announced a partnership with Carticard, egabi FSI’s strategic partner, to offer Carticard customers improved digital payment solutions while incorporating more people into the digital economy.
The new partnership will enable Carticard to directly distribute loans through Mastercard prepaid cards and will enable smoother digital transactions and help users to minimize the use of cash by providing them with access to safe, fast and convenient card payments.

Launch expands Commercial Payment Solutions for Small, Medium and Large businesses in underserved markets across the Middle East and Africa region through the adoption of innovative and frictionless payment ecosystems Dubai, UAE – 17 November 2020:  Mastercard, a technology leader in the global payments industry, and its strategic partner Network International, the leading enabler of …
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Consumers can now pay for services from thousands of small businesses, schools, and non-profit organisations by scanning a QR code with their mobile phone Johannesburg, South Africa, 09 June 2020 – Leading payment solutions provider Netcash has collaborated with Mastercard to launch Quick Response (QR) code payments across its multi-channel billing platform, as part of …
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Mastercard white paper found that cash prevalence can have a high economic cost purely by virtue of its existence – not less than 3.2% of global GDP Dubai, UAE, 19 May 2020 – Countries that prioritize digitized payment economies are better placed to mitigate the associated adverse impact of unemployment, financial exclusion, fraud, theft, cost …
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