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Browsing: Mastercard Labs for Financial Inclusion
- The Mastercard, OPay partnership will make it possible for OPay customers and merchants in the region to interact with brands and businesses worldwide
- The partnership will benefit users in Kenya, Egypt, Algeria, Nigeria, Morocco, Ethiopia, Pakistan, South Africa and the United Arab Emirates
- Opay customers will be able to make use of the Mastercard virtual payment solution that is linked to their OPay wallets
The announcement of a strategic partnership between Mastercard and the African fintech giant OPay, which took place on May 19 of this year, represents a significant boost for broader financial inclusion.
This partnership makes digital commerce accessible to millions of people across the Middle East and Africa.
The collaboration will make it possible for OPay customers and merchants in the region, which includes Kenya, Egypt, Algeria, Nigeria, Morocco, Ethiopia, Pakistan, South Africa, and the United Arab Emirates, to interact with brands and businesses located anywhere in …