The virtual card will allow M-Pesa mobile wallet holders to make payments on any local or international website or app where Mastercard is accepted for payment, without the need for a bank account or a credit card.
Mobile internet connections across Africa are expected to grow rapidly due to affordable smartphones and high-speed networks being rolled out by mobile network operators like Vodacom, thus creating a demand for digital content and mobile commerce.
Earlier in 2018, Mastercard has rolled out a digital trade platform called Mastercard Track, designed to make it easier for companies to manage payments in supply chains.
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright