MasterCard offers remittance services in Zim

MasterCard has announced a partnership with the Zimbabwean Steward Bank which will make remittance services available to the bank’s more than 1,5-million account holders. For the first time, the bank’s customers will be able to receive funds sent by family and friends...
SA heads for financial inclusion

SA heads for financial inclusion

South Africa is making significant headway in furthering financial inclusion, according to a new MasterCard report entitled A Progressive Approach to Financial Inclusion. The report explores the progress that 30 developed and developing countries have made in enabling...

African Bank, MasterCard collaborate

At the World Economic Forum being held this week in Davos, the African Development Bank (afDB) and MasterCard have announced a broad collaboration that aims to expand financial inclusion across the African continent. The collaboration seeks to develop solutions that...

MasterCard partners with EMIS in Angola

Empresa Interbacaria de Servicos (EMIS), the operator of Angola’s only interbank network, and MasterCard have announced a landmark partnership that sees all automated teller machines (ATMs) in the country accept MasterCard debit, credit and prepaid cards. From today,...

Elliott to grow electronic payments adoption

MasterCard, a technology company in the global payments industry, has appointed Mark Elliott as division president for South Africa. Based in Johannesburg, Elliott will oversee the performance, strategic direction and brand development of MasterCard in South Africa....