MOBILE MONEY

Offer More Ways to Pay
to the Underserved

HELP BRING FINANCIAL INCLUSION TO EMERGING MARKETS

Mobile phones are key to financial inclusion for more than 2 billion underserved people around the world.1 They are being used to pay bills and send and receive money in these markets, but services are limited. The MasterCard Worldwide Network can help you expand your mobile payment reach and offerings to better serve consumers.

   DID YOU KNOW?

  • 16% of adults in Sub-Saharan Africa have used a mobile phone in the past 12 months to pay bills or send or receive money, versus 5% in all other regions.1

TURN YOUR MOBILE MONEY OFFERING INTO A FULL SUITE OF FINANCIAL SERVICES

MasterCard is teaming up with issuers, mobile network operators, acquirers and other service providers to give underserved consumers across the globe access to financial services that offer more ways to pay, greater security and control over their money, including:

  • Pay bills with mobile
  • Top-up mobile airtime with mobile
  • Pay merchants with mobile
  • Transfer money to family and others with mobile
  • Shop online with a Virtual Card Number
  • Pay merchants with companion prepaid card

MOBILE MONEY PROGRAM MANAGEMENT BEST PRACTICES

Best practices guide in program management to help financial institutions, MNOs and program managers with designing, implementing and managing a successful mobile money program.

MasterCard Mobile Money Best Practices

Best practices in program management for closed loop and open loop systems.

   DID YOU KNOW?

  • 16% of adults in Sub-Saharan Africa have used a mobile phone in the past 12 months to pay bills or send or receive money, versus 5% in all other regions.1

MASTERCARD PROVIDES A PLATFORM AND MOBILE PROCESSING SERVICES THAT SUPPORT A FULL SUITE OF FINANCIAL SERVICES

The Mobile Payments Gateway (MPG), our mobile gateway and processing platform, can transform mobile money programs that currently provide limited functionality to consumers. In a joint venture with Smart Hub Inc., MasterCard operates the MPG to connect mobile network operators to issuers via the MasterCard Worldwide Network.

  • Expand to open-network payments and money transfer services
  • Reduce distribution costs
  • Provide value added services

MOBILE MONEY PROGRAM MANAGEMENT BEST PRACTICES

Best practices guide in program management to help financial institutions, MNOs and program managers with designing, implementing and managing a successful mobile money program.

MasterCard Mobile Money Best Practices

Best practices in program management for closed loop and open loop systems.

   DID YOU KNOW?

  • 16% of adults in Sub-Saharan Africa have used a mobile phone in the past 12 months to pay bills or send or receive money, versus 5% in all other regions.1

PARTNERSHIPS BRING A TURNKEY SOLUTION TO YOUR MOBILE MONEY OFFERING

MasterCard and trusted partners with global footprints team up to offer turnkey solutions, helping mobile network operators and financial institutions expand and accelerate the development of their financial services offerings to their customers, with these services:

  • Mobile prepaid companion cards accepted by MasterCard point-of-sale merchants
  • Virtual card accounts accepted by MasterCard eCommerce merchants
  • Person-to-person payments to MasterCard MoneySend™ enabled cards
  • Face-to-face consumer initiated remote payments accepted by MasterCard Mobile merchants

MOBILE MONEY PROGRAM MANAGEMENT BEST PRACTICES

Best practices guide in program management to help financial institutions, MNOs and program managers with designing, implementing and managing a successful mobile money program.

MasterCard Mobile Money Best Practices

Best practices in program management for closed loop and open loop systems.

More to explore

MASTERCARD EXECUTIVE TALKS ABOUT FINANCIAL INCLUSION

Learn More

MASTERCARD LAUNCHES MOBILE MONEY PROGRAM

Find out how MasterCard is helping underserved consumers around the world

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THE FUTURE OF PAYMENTS

Join the Cashless Conversations

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MASTERCARD MOBILE PAYMENTS READINESS INDEX

Look at mobile adoption around the world–where does your country rank?

Learn More

1. The World Bank, Measuring Financial Inclusion, April 2012.