Mon. Nov 29th, 2021

MasterCard

KINGSTON, Jamaica — Mastercard has donated 200 laptops to The University of the West Indies, (UWI) Mona.

The donation was made in the company’s effort to support students in need of devices to facilitate remote and online learning and assessment. The handing over ceremony was hosted at the Mona campus last month.

“This is a very special day for us. It is an honour to help some of the UWI Mona students to transition to online learning as they face the new normal challenge. Sustainability is embedded in everything we do at Mastercard as a result of our philosophy “Doing Well by Doing Good”, implemented to build a better world where people can develop their full potential,” commented Dalton Fowles, country manager for Mastercard in Jamaica and Trinidad.

Addressing the handing over ceremony, Pro Vice-Chancellor and Principal of The UWI, Mona, Professor Dale Webber, said “Mastercard connects millions of customers

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ABTS, a Hong Kong-based company, rolls out with the vision of creating an ABTS ecosystem. The incentives involve uniting the ‘Armies’ from all parts of the world on a single platform, thus, allowing them to connect, communicate, and participate on a global level.

Dec. 2, 2020 / PRZen / HONG KONG — The  K-pop fever is at its peak. It doesn’t matter whether you are hip hop enthusiast or cherish the folk; the Korean talent knows all the tricks to blow you away.

Throughout the year, despite the lockdown and quarantine restrictions, every artist belonging to the East Asin nation has been putting in their best to make the K-Pop the ‘World-Pop,’ – and they did it.

Among all the top-notch productions and hit compositions, Dynamite, in particular, has been stealing our hearts. Agree or not, Dynamite is like an addiction. The meaningful lyrics, the fast track, and the best

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Mastercard Incorporated MA recently teamed up with UAE-based Mashreq Bank to introduce Tap on Phone, which is a cost-effective and hassle-free digital payment technology intended to cater to Small and Medium Businesses (SMEs). Following the launch, Mashreq Bank becomes the first bank in the Middle East and North Africa (MENA) region to utilize Tap on Phone.

Shares of Mastercard have lost 0.1% in the last two days’ trading.

It is worth mentioning that Tap on Phone is a digital solution that has been launched with the assistance of Mastercard’s Payment Gateway Technology. Further, the solution is equipped with the ability to seamlessly convert Android smartphones into reliable payment acceptance devices. Notably, the same is capable of accepting contactless cards, mobile wallets and even smartwatches without any added equipment or setup-related expenses. Case in point, businesses just need to download the mobile app, following which they can provide customers with secure

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A survey conducted by Mastercard and Americas Market Intelligence (AMI) in 13 countries across the Latin America and the Caribbean (LAC) region, including Jamaica, shows how consumer habits have changed, how the demand for financial services has increased, and how companies will have to adapt to the novel digital ecosystem generated by the novel coronavirus pandemic.

The results of the survey were presented recently during the 9th Edition of the 2020 Mastercard LAC Innovation Forum, an annual Mastercard event that brings together leaders and experts from the technology and payment industries to share their views in the post-COVID-19 era.

The survey shows how the pandemic and the social distancing have galvanised digital and financial inclusion in Latin America and the Caribbean and, from one moment to the next, made this inclusion a priority. The data reveal that over 40 million people in the region have banked in recent months

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Women across the world have been disproportionally
impacted by the COVID-19 pandemic – a staggering 87% of
women business owners say they have been adversely affected.
Overrepresentation in sectors hardest hit by the economic
downturn (tourism, retail, hospitality), the pronounced
digital gender gap in an increasingly virtual world, and the
mounting pressures of childcare responsibilities are only a
few factors that have left women particularly
vulnerable.

In tackling this stark disparity and
unlocking the fullest potential of women in business, the
Mastercard Index of Women Entrepreneurs (MIWE) 2020 report
findings make a compelling case for building on targeted
gender-specific policy best practices
internationally.

Gender-targeted policies
drive forward women’s entrepreneurial
success

Now in its fourth year, MIWE highlights
the vast socio-economic contributions of women entrepreneurs
across the world, as well as providing insight on the
factors driving and inhibiting their advancement. Through

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Mastercard’s Priceless campaign is one of the most iconic branding initiatives of the 20th century.

Launched in 1997, the campaign has evolved from Mastercard observing priceless experiences to creating those experiences, to now inspiring them, said Mastercard’s EVP of marketing and communications in North America, Cheryl Guerin.

“When we launched, there was a real shift from materialism to the intangibles being a sign of success,” she said. “We hit on a territory that has continued to grow. Balancing work and life, giving to the community and spending more time with family have become so important.”

For Mastercard, living out the Priceless mantra has meant going all-in on experiential marketing over the years. The brand is a major sponsor of live events, from sporting games to concerts, and even launched its own pop-up restaurant in Manhattan last year.

When COVID-19 hit and communal experiences went out the door, Mastercard pivoted Priceless

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Mastercard Inc. MA along with partners Total System Services and Extend have introduced a mobile virtual card solution for commercial clients. These commercial cards will be used for digital, contactless payments. Total System will generate the virtual card number, which will then be accessed on the Extend app and seamlessly get loaded into a mobile wallet.

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These payment modes gained prominence amid the coronavirus pandemic, which accelerated the adoption of digital and contactless payments, upping the appeal for digital cards.

These virtual corporate cards can be easily loaded into a mobile wallet, such as Apple Pay or Samsung Pay for fast and secure touchless payments. Earlier, these cards could not be smoothly loaded into mobile wallets, thus posing as a key hindrance to its wider uptake.

The new solution allows employees or contractors to load their virtual corporate card into their mobile wallet effortlessly for initiating contactless payments

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Kwik Delivery (http://Kwik.Delivery/) and Mastercard announce a partnership starting this very day to provide discounts on all Kwik Delivery services to Mastercard cardholders in Nigeria.

Mastercard has over 70 million customers in Nigeria, making it the de facto leader on the debit card market in the country.

All Mastercard cardholders can benefit from a 10% discount on Kwik Delivery services, subject to terms and conditions, provided that they pay such services with their Mastercard. Discounts are applied as credits on the customer’s in-app wallet.

Kwik Delivery is a leading last-mile delivery tech company launched in Lagos in 2019. It enables Nigerian businesses to deliver their goods faster, on-time and with the visibility provided by technology.

The Kwik delivery app can be download at the following addresses:

  • Android: https://bit.ly/3fUbWjj
  • iOS: https://apple.co/2VneX2s

The discount also applies to the KwikBites food delivery app that can downloaded at the following addresses:

  • Android: https://bit.ly/2VjMfzi
  • iOS:
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Mastercard today announced the appointment of Richard Verma as Executive Vice President, Global Public Policy and Regulatory Affairs where he will oversee the company’s public policy, regulatory affairs and litigation teams around the world, reporting to Tim Murphy, General Counsel, Mastercard.

Verma brings over 25 years of international experience across senior levels of business, law, diplomacy, and the military. He joins Mastercard from The Asia Group, where he served as Vice Chair and Partner. He is the former U.S. Ambassador to India, a position he held from 2014 to 2017. In addition, Verma was the Assistant Secretary of State for Legislative Affairs, where he led the Department’s efforts on Capitol Hill, and was the former National Security Advisor to the Senate Majority Leader for many years.

“Rich is a proven leader with extensive experience in public policy, geopolitics, trade and international law,” said Ajay Banga, Chief Executive Officer, Mastercard. “In

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New solution enables commercial virtual cards to be seamlessly loaded into mobile wallets

PURCHASE, N.Y.–(BUSINESS WIRE)–

Mastercard and its partners, TSYS, a Global Payments company, and Extend, today introduced a mobile virtual card solution that enables virtual corporate cards to be easily loaded into a mobile wallet for fast and secure contactless payments.

The new mobile virtual card solution addresses the growing demand for digital, contactless commercial payments, which has been amplified by the changing nature of work and business expenses during the pandemic, and the rise of the work-from-home economy. Previously, one of the main barriers to wider adoption of virtual cards has been the inability to load them into a mobile wallet for use at physical point-of-sale terminals. With this new solution, employees or contractors can load their virtual corporate card into their mobile wallet to easily initiate contactless payments with their mobile device.

The solution uses

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