Fintechs in Africa are faced with the pressure to harness digital innovation to offer secure and convenient financial solutions to empower individuals, businesses and organizations. Mastercard launched the Engage Program in 2017 to meet the need of payment solution providers in Africa.
[TECH] The Mastercard Engage programme is launching in Kenya targeting fintechs: The Mastercard Engage programme is expanding in sub-Saharan Africa targeting fintechs in Kenya and Nigeria. Mastercard says th.. https://t.co/lcQd2OzMAF via @TechTrendsKe
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Mastercard is expanding its Engage programme in Sub-Saharan Africa to support fintechs in Nairobi, Kenya and Lagos, Nigeria. Omokehinde Adebanjo, Mastercard’s Area Business Head West Africa said that partnerships with regional fintechs are important for ongoing innovation that delivers relevant payment solutions to empower communities.
Mastercard is a technology company in the payments industry that connects consumers, financial institutions, governments and businesses in more than 210 countries. It launched the Engage platform to connect more customers with Financial Technology service providers. It enables vendors to deploy digital wallets, enable tokenization, facilitate instant payments and launch mobile point of sales. The Mastercard Engage connects issuers, merchants and IoT device manufacturers by enabling payments.
It recently announced a partnership with Bank of Montreal to deliver cost-efficient and faster international payment services to the bank’s Canadian-based business and banking clients.
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