Mastercard enables small businesses to tap into the booming digital economy

  • Date: 12-Aug-2020
  • Source: Bizbahrain
  • Sector:Economy
  • Country:GCC
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Mastercard enables small businesses to tap into the booming digital economy

Mastercard has launched a new low-cost payments solution that enables small business owners to move their businesses online and accept a range of digital payments from their customers. The “SME-in-a-Box” solution is powered by Mastercard's payment technology and that of its fintech partners, including payments and agency banking solutions company SmartPesa, a Mastercard StartPath partner. The solution will aid small and micro merchants across the region in expanding their customer base via digital platforms and enable sustainable revenue growth. The unique offering enables business owners to access a wide range of financial services quickly and easily through a single intuitive app compatible with all Android mobile devices. The app's functionality supports contactless payments, QR code payments, and has the ability to generate e-payment links for remote payments. Acquirers