Gabriel Swanepoel named as the new Country Manager for Mastercard South Africa

SOUTH AFRICA – Mastercard has appointed Gabriel Swanepoel as the new Country Manager for Mastercard in South Africa, serving as a promotion from his current role as the Vice President of Business Integration for Mastercard, Southern Africa. As country manager, Swanepoel is responsible for further driving the company’s strategic vision, innovation and growth agenda and building on its successful purpose-driven culture in South Africa. Swanepoel’s ‘digital-first business acumen and two-decades-long career in the South Africa payments industry will further support Mastercard accelerate the uptake of digital payments and strengthen its…

Read More

Fintech company Digital PayGo partners Mastercard to launch mobile payment solutions for SMEs

ZAMBIA – Digital PayGo, a Zambian-based fintech company, has partnered with Mastercard to launch a new merchant mobile payments solution for SMEs in the country. Known as “SME-in-a-Box”, the solution will enable the SMEs to safely make and receive digital payments through various online channels. It will support the enablement of digital payments for merchants and their customers, by providing them with a convenient, easy-to-use, and safe way to perform cashless transactions from their mobile devices. Backed by Mastercard’s payment technology, SME-in-a-Box enables digital transactions through the use of a…

Read More

Mastercard launches new Sustainability Innovation Lab to empower businesses and consumers

GLOBAL – Mastercard, an American multinational financial services corporation, has announced the launch of its new Sustainability Innovation Lab, which will spearhead the further development of the company’s portfolio of environmentally conscious digital products and solutions. The Lab will focus on ways to empower businesses and consumers to transform how they produce, distribute and purchase products and services, ensuring both people and the planet can thrive as the global economy rapidly digitizes.  In support of the EU Green Deal, Mastercard selected Stockholm, Sweden as the home of the global Lab…

Read More

Mastercard and Paycode partner to improve access to financial services in rural areas across Africa

AFRICA – Mastercard has partnered with Africa’s global startup engagement program Start Path and startup Paycode to deliver their offerings into a single biometric smart card aimed at increasing access to critical services while advancing economic inclusion among Africans living in remote communities. Mastercard’s Community Pass platform will feature in Paycode’s Electronic Data and Payments Technology platform (EDAPT) that provides secure biometric identity including a digital bank account. Individuals will have access to both offline and real-time digital finance services regardless of whether they lack a formal identity document such as a passport or…

Read More

Fintech startup Kwara selected for Mastercard Start Path program

KENYA – Fintech startup Kwara is among the 11 start-ups that have been selected to join the Mastercard Start Path program. The program is a springboard to help the best and brightest fintech start-ups maximize their opportunity for success.  During the six-month program, the start-ups will learn from Mastercard experts and explore co-innovation opportunities.  “We are honored to join forces with Mastercard and work on our shared vision to create financial inclusion for 1 billion people. We have seen how companies such as Flutterwave and Revolut have expanded their services…

Read More

Mastercard and TNM Mpamba launch virtual payment solution in Malawi

MALAWI – Mobile money service provider TNM Mpamba has launched a Mastercard virtual payment solution that will enable TNM Mpamba mobile money wallet customers to make safe and seamless local and international e-commerce transactions, the country’s first. This is expected to enhance financial inclusion and improve access to the digital economy. Through a Mastercard virtual (non-plastic) payment solution linked to the TNM Mpamba mobile money wallet, customers will be able to make payments to local and global online brands and merchants, expanding their reach to an international marketplace. That means…

Read More

Mastercard to expand its Priceless platform in Egyptian market

EGYPT – Mastercard, a financial services corporation, has announced the expansion of its globally-renowned Priceless platform in the Egyptian market to bring people in Egypt closer to their passions. Priceless is a platform that connects people across the world with their passions, including sports and music, and offers consumers a wide range of unique and exclusive experiences, some tied to Mastercard’s celebrated roster of event sponsorships and ambassadors. As part of the rollout, Amir Eid, lead singer of Cairokee, and Mayar Sherif, the highest ranked Egyptian woman in tennis history,…

Read More

Mastercard partners Zamtel to transform digital payments in Zambia

ZAMBIA – Global payments and tech company Mastercard and Zamtel have announced a strategic partnership that will enable Zamtel Mobile Money customers, even those without bank accounts to make safe and seamless digital payments on the Mastercard network including international e-commerce transactions. The partnership is expected to drive financial inclusion and improve access to the digital economy. Under the agreement, Zamtel will launch a suite of Mastercard products including a Mastercard virtual solution, a physical debit card, and Mastercard QR, giving its Mobile Money customers new ways to access and…

Read More

Telkom SA and fintech Ukheshe partner to launch virtual card for transactions through WhatsApp

SOUTH AFRICA – Telecommunications company Telkom SA has launched what it calls Africa’s first Mastercard virtual card for use on WhatsApp, enabling Telkom Pay customers to make e-commerce payments. According to the integrated telecommunications company, this move is expected to empower millions of South African customers even those without a bank account – to access the digital economy and transact online. Launched in 2020, Telkom Pay is a digital payments wallet that enables its users to make and receive payments using WhatsApp on their mobile phone. With the addition of the Mastercard virtual (non-plastic)…

Read More

Mastercard partners with payment app Telda to promote digital transformation

EGYPT – Mastercard, multinational financial services corporation, has announced a partnership with Telda, Egypt’s first of its kind payment app. This partnership is set to promote the country’s digital transformation and bring Egypt closer to its vision of becoming a digital economy, particularly benefiting new segments through an innovative consumer experience. Mastercard will also enable Telda to issue prepaid cards to its customers and facilitate transactions through Mastercard’s payment processing services. The Telda App offers users multiple features including sending and receiving money and is the first in the market…

Read More