Mastercard’s vision for Africa: Connecting communities through innovation and trust

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Mastercard’s focus is on building a digital economy that is secure, inclusive, and innovative. It is what guides the company’s mission to integrate 1 billion people – and 50 million micro and small businesses – into the digital economy by 2025. “We’re building a community of stakeholders who can act together, make a difference, and drive sustainable, lasting impact,” McLaughlin states.

Mastercard’s collaborative approach is evident in partnerships like with MTN, which connects local entrepreneurs with data analytics and payments tools, and drives financial and digital literacy across Africa. Additionally, Mastercard’s recent infrastructure investments in South Africa aim to modernize the payments industry and enable local processing, further supporting the region’s digital transformation.

Source link : https://www.cnbcafrica.com/2024/mastercards-vision-for-africa-connecting-communities-through-innovation-and-trust/

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Publish date : 2024-06-21 09:37:22

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