MasterCard announced, with a $1.5 million grant, that it is joining the Better Than Cash Alliance. MasterCard’s commitment comes at the one-year anniversary mark for the Better Than Cash Alliance, which works with governments, the development community and the private sector to digitize their cash payments to people in emerging economies. The initiative for electronic
Ann Cairns, President of International Markets, MasterCard, with Peter Schlebusch, Group Executive, Standard Bank Group celebrate the signing of an agreement strengthening the relationship between MasterCard and Standard Bank Group for another five years. This agreement will expand the remit of MasterCard across the African countries where Standard Bank is present and leverages the use
MasterCard and the South African Social Security Agency (SASSA) announced that there are 10 million active SASSA Debit MasterCard cards in South Africa, following the introduction of the new biometric grant payment disbursement system that commenced in March 2012. This milestone marks the conclusion of the re-registration phase of the project, with social grant beneficiaries
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