Unbanked in Africa See Inclusion Through Mobile Financial Services

Extending the benefits of electronic payments to people who have been financially excluded is especially important in Africa, where less than a quarter of adults have a financial product or bank account with a formal financial institution, and about 90% of all consumer payments are conducted in cash. Traditional bricks and mortar banking infrastructure needed

MasterCard Announces Head of Emerging Payments for MEA

MasterCard announced the appointment of Aaron Oliver as Head of Emerging Payments for the Middle East and Africa (MEA). Aaron will be responsible for introducing and managing Emerging Payment products to meet the evolving needs of consumers and effectively support MasterCard’s future growth in the region. Aaron joins MasterCard from Visa where he held the