MasterCard busts 10 payment myths

Sometimes, a convenient payment solution to make your life easier might seem too good to be true, but with the rise of technology it really is possible. For example, electronic payment developments such as contactless cards and digital wallets seem to be suspiciously...

Ecobank, MasterCard enable e-payments

Pan-African banking group Ecobank Transnational has signed a landmark multi-country agreement with global payments technology company MasterCard to bring MasterCard’s payment solutions to more than 32 sub-Saharan African markets. It is a move that is expected to...

MasterCard, Premier Bank break into Somalia

At the World Economic Forum on Africa, MasterCard announced its partnership with Premier Bank, becoming the first international payments network to enter Somalia. As a result of the partnership, Premier Bank will now issue and accept the first MasterCard-branded...

MasterCard launches SME discount portal

South African MasterCard business cardholders now have access to an array of exclusive offers with the launch of MasterCard Business Perks, an online portal of discounted products and services designed to support small and medium enterprises (SMEs).The National...

IFC, Mastercard grow partnership

IFC, a member of the World Bank Group, and MasterCard have signed an agreement to establish a risk-sharing facility, which is expected to provide millions of people in emerging markets access to electronic payments, a crucial next step in their ongoing collaboration...