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Mastercard and GTP to Introduce Prepaid Options into Africa

Wednesday, April 19, 2017   (0 Comments)
Posted by: Katie Beatty

On April 19, 2017 Mastercard and Global Technology Partners (GTP) announced that they will partnering to introduce prepaid solutions to Africa's government institutions, the corporate sector and consumers. 

Daniel Monehin, Division President, Sub-Saharan Africa of Mastercard said, “African economies are in support of driving cash out of the financial system, and the introduction of digital payment solutions is in line with their cashless strategies. Businesses on the continent need smart solutions that will provide efficiency, but also offer convenient ways to track and monitor expenditure,”.

These prepaid cards will provide employers an effective payroll solution and a way that organizations can drive innovation into the travel and tourism sector.

For more information, click here. 


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