Mastercard and Samsung partner to enable digital inclusion
Mastercard and Samsung are partnering to promote digital inclusion among consumers and small businesses in emerging markets through the extensible Pay on Demand platform, which will be kicked off in collaboration with the Samsung Knox team in the Middle East and Africa region in early 2020. The platform is meant to uphold digital inclusion by bringing together financial institutions, original equipment manufacturers, and telcos to address issues that have limited device financing in emerging markets. ’At Mastercard, we see a connected world where opportunity and prosperity are possible for everyone, everywhere. The Pay on Demand platform enables us to deliver on that vision and foster financial inclusion, giving consumers an opportunity to participate in digital commerce,’ said Mastercard’s Digital Solutions Executive Vice President Jorn Lambert.