Johannesburg, South Africa – Ann Cairns, President of International Markets, MasterCard, with Peter Schlebusch, Group Executive, Standard Bank Group celebrate the signing of an agreement strengthening the relationship between MasterCard and Standard Bank Group for another five years.

This agreement will expand the remit of MasterCard across the African countries where Standard Bank is present and leverages the use of several MasterCard products and services, including MasterCard Advisors, to further optimise Standard Bank’s distribution platforms, introduce new product offerings and drive cost efficiencies.

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Behind Cairns and Schlebusch are (left to right) Chris Sweeney, Head of Card, Standard Bank Group;  Philip Panaino, Division President, South Africa, MasterCard and Michael Miebach, President, Middle East and Africa, MasterCard.

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MasterCard (NYSE: MA),, is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews and @MasterCardMEA, join the discussion on the Cashless Conversations Blog and subscribe for the latestnews.

Media Contact:
Gina de Villiers,  +27 11 208 5500,

MasterCard Contact:
Sami Lahoud, Vice President Communications – Middle East and Africa 
+971 56 216 9273