This partnership is expected to benefit the region
Mastercard has announced its partnership with WiPay, the Caribbean’s fintech company.
Both companies will collaborate to increase financial inclusion in the islands through a suite of payment and acceptance solutions.
This way, WiPay will use Mastercard’s Bank in the Box solution to empower SMEs through card acceptance. That’s an end to end solution for SMEs that don’t accept card payments and aren’t financially included.
We’ve reported that Mastercard and its partners N-Frnds, SGeBIZ, and Finastra have formed an alliance with the support of the Asian Development Bank.