Mastercard links up with fintech OPay to drive financial inclusion, digital payments across Africa – ITP.net

Mastercard links up with fintech OPay to drive financial inclusion, digital payments across Africa – ITP.net

Mastercard and fintech OPay have linked up to boost financial inclusion and economic prosperity by opening up digital commerce to millions of people across Middle East and Africa.

The collaboration enables Nigeria-headquartered OPay consumers and merchants in the region – including Algeria, Morocco, Egypt, Nigeria, Ethiopia, Kenya, Pakistan, South Africa and the UAE – to engage with brands and businesses anywhere across the globe, thanks to a Mastercard virtual payment solution linked to the OPay eWallet.

The move is part of MasterCard’s emerging market strategy to collaborate with fintechs to expand access to digital payments, create new pathways to financial inclusion and support the next generation of super-apps.