The partnership will promote open collaboration with governments, banks, mobile network operators, universities, etc
Mastercard brings digital solutions to one European country. Source: shutterstock.com
Mastercard and the government of the Republic of North Macedonia pursue common efforts to enhance the country’s digital economy aspirations. Besides, they want to give citizens a new way to prove their identity when accessing government and business services.
The partnership ais to enable local digital identity and related services. This way, the citizens of North Macedonia could use digital document signing and verification.
KYC (“Know Your Customer”) app is among the first applications to support remote opening for new bank accounts, eliminating the need of visiting a branch in person.
This effort will base on the digital identity regulations in North Macedonia and broader European eIDAS (electronic identification, authentication and trust services) standards. It will also enable seamless digital interactions between businesses and government agencies across the region and worldwide.
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