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In Asia Pacific, the migration toward a more digitized future has been even more pronounced in the wake of Covid-19, with a sharp rise in the adoption of emerging payment methods. This rapid transformation of the digital economy is, of course, to be welcomed. The challenge we face is to continue leveraging the clear benefits of the digital economy, while at the same time pursuing a common broader objective: inclusive growth.
An Australian teenage e-commerce entrepreneur is now tacking the billion-dollar problem of fraudulent refund claims through his startup Disputify, part of Mastercard's Start Path startup engagement program.
Mastercard announced it has signed a Memorandum of Understanding with Wakayama Prefecture, leveraging its global standard payment network to support the growth of the tourism sector and accelerate the digital transformation and cashless transaction infrastructure for small and medium businesses in the prefecture.
Mastercard announced today that Safdar Khan has been named Division President for Southeast Asia. This appointment is an expansion of his former role as Division President, Southeast Asia Emerging Markets.