Mastercard appoints Adam Jones as Country General Manager for MENA region

MENA – Mastercard, a multinational financial services corporation, has announced the appointment of Adam Jones as the new Country General Manager of its MENA Central cluster. In his new role, Adam will lead Mastercard’s operations across cluster, taking responsibility for Saudi Arabia, Egypt, Jordan, Lebanon, Bahrain, and Iraq markets. Bolstering Mastercard’s MENA leadership team, Adam will work closely with Maria…

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E-commerce platform Kasha joins Mastercard’s micro-credit digital lending platform

KENYA – Kasha, the purpose-driven digital retail and distribution platform, has joined Jaza Duka, Mastercard’s micro-credit digital lending platform in Africa. The program, launched in partnership with Unilever and KCB Bank Kenya has now expanded to include an additional 5000 Micro Small and Medium- Enterprises (MSMEs) through Kasha. The program aims to help micro-entrepreneurs overcome cash constraints that limit their…

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Former Mastercard Vice President Nile Younis joins Klasha as new chief commercial officer

NIGERIA – Klasha Inc, a technology company transforming cross-border African commerce, has announced the appointment of Nile Younis as Chief Commercial Officer. The appointment follows Klasha’s recent announcement of a US$4.5 million seed funding round backed by Amex Ventures – its first investment in an African-focused startup – and Global Ventures, a leading MEA-focused venture capital firm. “We are pleased…

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Mastercard partners KTB to drive growth of tourism numbers in Kenya

KENYA – Mastercard, a global technology company, has signed a three-year partnership with the Kenya Tourism Board (KTB) which seeks to drive the growth of tourism numbers in Kenya by leveraging various Mastercard channels, including its Priceless.com platform. The collaboration which is the first-of-its-kind for Mastercard in Africa will enable KTB to plan, execute and improve its campaign reports through…

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Mastercard partners Musafir for seamless travel bookings across MENA region

MENA – Payments technology company Mastercard has partnered with Musafir to take travel bookings originating in the Middle East and North Africa, to new heights. The exclusive partnership will digitize end-to-end payment flows and launch new innovative payment products with attractive travel benefits to both consumers and corporates. According to an analysis by the Mastercard Economics Institute, if flight booking…

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Sokin partners Mastercard to expands payments partnership across Middle East and Africa

MEA – Sokin, the new generation fintech payment firm, has signed a comprehensive partnership agreement with Mastercard to support the rollout of its fixed-price payment services across new markets in the Middle East and Africa. Sokin will leverage Mastercard’s trusted and secure digital-first banking solutions and card services to expand its footprint and launch its next-generation card programs for businesses…

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OPay partners Mastercard to drive financial inclusion across MEA region

AFRICA – OPay and Mastercard are collaborating to drive financial inclusion across the Middle East and Africa by partnering to open up digital commerce in the region, according to a press release Wednesday (May 18). The mobile payments FinTech startup OPay was launched in Nigeria in 2018 by founder and CEO Yahui Zhou. The partnership with Mastercard allows merchants in…

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Credit Agricole partners Mastercard to introduce innovative payment solutions in Morocco

MOROCCO – Credit Agricole (CAM) has signed a long-term strategic partnership with Mastercard to implement new technologies, products, and services that will render transparent and secure transactions for the Moroccan market. With the agreement, CAM becomes the first African bank to launch the cards digitization service on E-commerce websites that supports the Mastercard’s digital enablement service for merchants also known…

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NBS Bank partners Mastercard and Network International to launch digital payment platform

MALAWI – Mastercard and Network International has announced a strategic partnership with NBS Bank plc in Malawi re-affirming their shared commitment to drive the adoption of digital payments and support emerging markets’ transition to a cashless economy. This will be the first implementation of an innovative digital payment’s platform launched by Mastercard and Network International last year. NBS Bank will…

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Mastercard and Ukheshe launch virtual card solution to increase efficiency on transactions

SOUTH AFRICA – Ukheshe, a fintech platform, has unveiled Mastercard’s Track Instant Pay for clients in the Middle East and Africa (MEA) region, which it says helps modernise business-to-business transactions. With the Track Instant Pay solution, Ukheshe says businesses are able to process live instant payments, increasing efficiency on transactions. Track Instant Pay is a next-generation virtual card solution that…

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