Mastercard, Meta – Facebook team up to empower SMEs digitisation in region

Mastercard, Meta – Facebook team up to empower SMEs digitisation in region

Mastercard will be collaborating with Meta, formerly known as Facebook, to endorse the digitisation and growth of small and medium enterprises (SMEs) in the Middle East and Africa (MEA), according to a press release on Wednesday. Both entities will be organising a training webinar on how to manage uncertainty on Wednesday, 8 December. The 2021 Mastercard MEA SME Confidence Index has shown that 74% of SMEs across the region are optimistic about future growth. This was endorsed by the potential for digitalisation, better data, access to credit, and upskilling. said: Meanwhile, said: It is worth noting that Mastercard is allocating $250 million over five years to back small businesses’ financial security across the globe. It has also committed to connecting 50 million small businesses, of which 25 million are women entrepreneurs worldwide, to the digital economy by 2025.