Mastercard launches new low-cost payment solution for small businesses

‘SME-in-a-Box’ is a new low-cost payments solution launched by Mastercard to enable small business owners to move their businesses online and accept a range of digital payments from customers. ‘SME-in-a-Box’ is a collaboration between Mastercard and payments and agency banking solutions company SmartPesa. The solution also provides incentives to support business owners to tackle challenges during the COVID-19 pandemic.