Prakriti Singh, regional executive vice president for core payments at Mastercard Mastercard will not disclose what it earns when a transaction settles in stablecoins rather than over its card rails, and it will not predict whether AI shopping agents will grow or shrink the volumes moving across its network. What it will say – repeatedly…
Johannesburg — Mastercard and Yellow Card have announced a partnership to expand stablecoin-based payment solutions across Eastern Europe, the Middle East and Africa, including Kenya. The two firms said they will explore the use of stablecoins in cross-border money transfers, business-to-business payments, digital loyalty programmes and treasury management. The partnership will initially focus on markets…
Mastercard will buy stablecoin payments infrastructure firm BVNK for up to US$1.8-billion, as the card giant deepens its push into blockchain-based transfers. Increasing regulatory clarity and broader usage of stablecoins have created opportunities for card networks to expand beyond traditional cards into faster, lower-cost digital payment systems. Mastercard and rival Visa are competing to establish…
Mastercard Boosts Africa Acceptance Network by 45% in 2025, Accelerating the Continent’s Digital Economy. (Photo: AETOSWire) Mastercard has grown its acceptance network across Africa by 45 per cent in 2025 – a major milestone that brings millions more consumers and small businesses into the continent’s fast-expanding digital economy. This accelerated progress underscores the strong advancement…
Nairobi — MASTERCARD on Tuesday held its first-ever Africa Edge Summit in Nairobi, Kenya bringing together leaders from across the continent’s payments ecosystem to explore how collaboration and innovation can accelerate Africa’s digital transformation. The high-level forum focused on strengthening the infrastructure, trust and interoperability needed to sustain Africa’s fastgrowing digital economy projected to reach…
Mastercard is in late-stage talks to acquire crypto start-up Zerohash for between US$1.5-billion and $2-billion, Fortune reported on Wednesday, citing five sources familiar with the matter. If the deal goes through, it would be Mastercard’s one of the biggest bets yet on stablecoins, the report said, adding that the talks might still fall through. Mastercard…
MTN MoMo South Africa and Mastercard expanded their partnership to provide additional digital financial services and improve access to the digital economy across the country. Image supplied The collaboration added functionality to the MoMo Wallet, allowing users to fund their accounts using debit and credit cards via Mastercard’s Payment Gateway (MPGS). The integration aims to…
From left to right: Manu Kashyap, senior vice president, cyber and intelligence solutions, EEMEA, Mastercard; Selin Bahadirli, executive vice president, services, EEMEA, Mastercard; Mark Straub, CEO, Smile ID; Dennis Gamiello, executive vice president and global head of identity, Mastercard; Çağrı Aydogan, Regional vice president, Mastercard Advisors; Can Elbeyli, vice president, security solutions, EEMEA, Mastercard; and…
TORONTO, Canada — Deep expertise in agrifood systems and technology; exemplifies the values of the Foundation. Committed to scaling impact of the Foundation’s programs in Africa and within Indigenous communities in Canada, prioritizing local solutions and partners. Assumes leadership in early 2026. The Board of Directors of the Mastercard Foundation today announced that Sewit Ahderom…
