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.
Ahead of the pandemic’s second year milestone, the Mastercard Economics Institute released Economy 2022, a global outlook for the coming year. Based on critical trends, the report reveals how five fundamental factors — savings and spending, supply chains, digital acceleration, travel, and a growing list of economic risks — will continue to shape the global economy.
Mastercard (NYSE: MA) announced a series of changes in the leadership of its international operations that will help solidify the company’s delivery against strategic priorities outlined at its recent investment community meeting. All appointments are effective January 1, 2022. Gilberto Caldart, currently president of the company’s International Markets, will take on a new role as vice chair of Senior Client Partnerships and Relationships. Raghu Malhotra and Ling Hai will lead Mastercard’s International Markets as co-presidents.
The Singapore Tourism Board (STB) and Mastercard have jointly launched a range of 16 new and exclusively-curated “Priceless Experiences” including sailcations, staycations, movie experiences, local adventures, and gin creation workshops for locals ahead of upcoming holiday season. The experiences are part of their new domestic marketing campaign, to encourage locals to continue exploring the city and rekindle connections with their loved ones.
Mastercard today announced the next evolution of the payments model with the launch of a new commercial card offering designed specifically for small and medium enterprises. Called Mastercard Pay & Split, it enables financial institutions to provide small businesses with a similar payment product: the first-of-its-kind, network-based, open-loop installments solution to be made available anywhere in the world.
In partnership with Mastercard, three leading cryptocurrency service providers in Asia Pacific will be launching crypto-funded Mastercard payment cards. The trio of partnerships with Amber, Bitkub and CoinJar make it easier for consumers and corporates to spend cryptocurrency on physical or digital Mastercard payment cards.
Mastercard has been actively expanding its platform capabilities through the Mastercard Developers portfolio, adding a multitude of differentiated services to power new ways to pay, enhance the customer experience and infuse trust across the payments ecosystem.
Mastercard Track™ Business Payment Service and new partnership with Demica enables easier access to flexible working capital for buyers and suppliers. New offering supports Mastercard’s expansion of its Track BPS network around the world with new partnerships solidified in North America, Middle East & Africa, Europe, Asia Pacific, and Latin America.
Mastercard and Grab, Southeast Asia’s leading superapp, today announced a regional partnership to advance digital and financial inclusion in Southeast Asia (SEA).
To shed light on the impact the global health crisis – and ongoing recovery – has had on small businesses globally, Mastercard released its latest report: Recovery Insights: Small Business Reset.
Mastercard has today unveiled World Rugby’s Sevens player of the Decade, Portia Woodman, as its latest Global Brand Ambassador.
Mastercard Installments BNPL program to come to market in the U.S., Australia and the UK; Enables consumers to access this increasingly popular form of payment across its vast global acceptance network
Mastercard and the Australian Government’s Digital Transformation Agency will also explore how ID, Mastercard’s digital identity service, can support age verification in Australia.
Mastercard and partner Xiaomi, the world’s No.1 wearable band brand, unveiled an updated version of its Mi Smart Band 6, which spotlights the enablement of contactless payment. The new device now offers a fast, secure, and convenient way to pay for any number of purchases.
Developed in partnership with the Australian Government, ygap and Fintech Pacific, the technology puts women-led MSMEs at the forefront of Fiji’s digital transformation
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.