We see a world that is very connected for some, but not for all; we see technology doing much good, but two billion adults remain locked out of the formal financial system.
With the power to expand connectivity, opportunity and prosperity for all, Mastercard is leading the way toward a World Beyond Cash™. Our International Development team is charged with using this proven expertise to design inclusive financial services solutions and infrastructure to help the underserved.
We seek to support a well-functioning financial ecosystem that enables financial service providers to offer a full range of affordable and convenient services that meet the needs of a diverse set of consumers, notably the unbanked.
To do so, we engage partners in the development community to jointly deploy or develop programs that address barriers to inclusive growth and showcase the ability of electronic payments to transform lives.
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Greater possibilities with financial inclusion
Too many people lack access to basic financial services. Discover how public-private partnerships can advance financial inclusion and empower people to change their lives for the better.
An independent consumer survey has attributed South Africa Social Security Agency (SASSA) Mastercard debit card as being one of the largest contributors to increasing financial inclusion in South Africa.
Mastercard and the United Nations World Food Programme (WFP) are working together to deliver ground-breaking technology to meet the needs of the world’s hungry and vulnerable populations in order to help end world hunger.
Mastercard Labs for Financial Inclusion, a new initiative seeking to impact more than 100 million people globally by developing practical and cost-effective financial tools, has launched in East Africa with funding from the Bill & Melinda Gates Foundation.