The collaboration will enable Uber to drive digitisation across their business operations, leveraging Mastercard’s single infrastructure to meet all types of payments needs across Uber Rides, Uber Eats, Uber Pass, and Uber for Business. It will boost cashless payments, drive digital payment acceptance, and reward loyalty, while supporting Uber’s continued social impact collaboration.
According to the press release, through the partnership, both companies aim to bridge the financial inclusion gap through a broad range of efforts. The work undertaken with Uber plays a critical role in advancing Mastercard’s commitment to financial inclusion and the company’s pledge to bring a total of 1 billion people, 50 million MSMBs, and 25 million women entrepreneurs into the digital economy by 2025.
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