payment ecosystem
Vietnam’s Tien Phong Commercial Joint Stock Bank has accelerated their digital transformation with Backbase, a digital-first banking platform, to transform the bank’s traditional products, services and core banking system. Backbase drove the digitisation to enable TPBank to operate on a sustainable omnichannel digital platform that is scalable as the bank prepares for growth and expansion. […]
NMB Bank PLC has partnered with Mastercard to roll out 1.5 million Mastercard branded prepaid and credit cards in Tanzania over the next five years. This collaboration will strengthen domestic payment ecosystem and empower Tanzanian consumers with safe and secure electronic payments. The partnership between NMB Bank and Mastercard comes at a time when Tanzania’s […]
Mastercard announced a new partnership with HSBC to accelerate sustainable urban development. The partnership is built on HSBC’s extensive track record in developing financial products that support a more sustainable future. City Possible, pioneered by Mastercard, is a new model of public-private partnerships that brings together a united private sector to work with cities and communities to solve […]
Mastercard has partnered with Zimswitch to enable the modernization of Zimbabwe’s payment infrastructure, using Mastercard’s technology, products and services. This partnership will support Zimbabwe’s vision of a modernized and interoperable payment system that supports inclusive economic growth and boosts the digital economy. Dr John Mangudya, Governor of the Reserve Bank of Zimbabwe, says: “We see […]
Banque Saudi Fransi (BSF) and Mastercard have announced the launch of the world’s first Priceless Mastercard Credit Card. The card will give cardholders the opportunity to experience the world’s most prestigious music, sporting and entertainment events, meet celebrities, and enjoy a host of unparalleled travel and lifestyle privileges. Gilberto Caldart, President, International, Mastercard, said: “The […]
CellPoint Digital has been selected by Yas Theme Parks in Abu Dhabi, UAE, to enable the use of Alipay as an online payment method. The partnership will initially allow guests to use Alipay to book their tickets for the theme parks including Ferrari World Abu Dhabi, Yas Waterworld Abu Dhabi, and Warner Bros World Abu Dhabi. Therefore, CellPoint’s […]
Visa has filed an application to create digital currency on a blockchain with the U.S. Patent and Trademark Office. It is meant to replace physical currency. The system utilizes both central banks and commercial banks, leverages a private blockchain to improve the payment ecosystem. Described as ‘Digital Fiat Currency’ the patent was initially filed by […]
JazzCash has announced its partnership with Mastercard in a hope to strengthens the payments ecosystem for merchants and customers in Pakistan. More than seven million customers and merchants use JazzCash every month, making it Pakistan’s leading digital wallet. The partnership with Mastercard will allow merchants to accept digital payments from customers, digitize their supply chain, […]