Payments Prediction: Your Face is the Future
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With so many challenges and opportunities to tackle at once, the time for action is now. As devastating as the COVID-19 pandemic has been, in its wake we have the chance to rebuild smarter cities that better serve their residents for decades to come. Technology and partnerships will help get us there.
The COVID-19 pandemic has pushed e-commerce technology ahead by two years and driven a revolution in how people pay for things. According to the Mastercard New Payments Index, 94 percent of consumers in the Asia Pacific region say they’ll consider using at least one emerging payment technology in the next year.
The Pandemic Has Driven People to Redefine their Expectations of Experiences, Demanding Long-Lasting Impact
From creating a marketplace for non-fungible tokens (NFTs) to enabling new sustainable digital assets, seven global crypto and digital assets startups join Mastercard’s award-winning Start Path program to access partnership opportunities, insights and tools to grow
As the COVID-19 pandemic affects economies and consumer behavior, Mastercard remains committed to getting micro and small enterprises online and helping them continue their business operations amid the crisis.
Outlines progress towards an inclusive, sustainable future for people and the planet
The Subic-Clark Alliance for Development (SCAD) has signed a memorandum of understanding (MOU) with Mastercard to join the company’s City Possible™ program. Connecting with a network of more than 300 member and candidate cities around the world, the partnership aims to drive greater infrastructural efficiencies, economic growth, digital and financial inclusion in the Subic-Clark corridor.
The initiative aligns with the government’s goal to build a future-ready public infrastructure with connectivity, productivity, sustainability and safety.
Mastercard today announced a strategic equity investment in Instamojo, India’s largest full-stack digital solutions provider for MSMEs. The partnership will help India’s MSMEs to digitize and scale up their businesses through a suite of value-added services provided by Instamojo.
Mastercard today announced the appointment of Nikhil Sahni as its new Division President, South Asia & Country Corporate Officer, India, taking over from Porush Singh. Porush Singh will be relocating to Singapore and assuming a new role within the company.
GO-NET, in collaboration with Mastercard, studied both the benefits that IoT payments can bring to consumers and the potential challenges that lie ahead in processing those payments.
According to the Mastercard New Payments Index: The Australia Forecast Report, almost three-quarters (71%) of Aussies surveyed said they now have access to more ways to pay than they did at this time last year.
94% of consumers in APAC are considering using emerging payment methods this year. APAC enthusiasm for QR codes, digital wallets and cryptocurrencies exceeds global averages
Over half (51%) of AU-NZ organisations are placing innovation as high priority with 47% increasing innovation budgets, compared with 42% globally. Seventy-five percent of AU-NZ executives view customer insight as a vehicle for innovation, tracking with their global peers. AU-NZ organisations lag global peers in critical areas; 55% measure impact of innovation on business performance, versus 66% of globally.
QR on Card makes payments more flexible and safer and is another solution to drive easy acceptance of digital payments for SMEs in India
Mastercard is strengthening its global Digital First program across Asia Pacific with a range of innovative partners to deliver even more seamless and secure digital payment options than consumers expect as they shop and bank online more than ever before.
Pay by Bank App will enable consumers to make payments, securely and directly from the Bank’s mobile banking app.
Focusing on digital convenience and security, Mastercard is delivering more perks in more markets for premium cardholders in the Asia Pacific region with a comprehensive online portal, hassle-free e-commerce insurance and enhanced benefits.