Mastercard and Ericsson have integrated the Mastercard Move portfolio with the Ericsson Fintech Platform. This collaboration enables telecom service providers, banks, and fintechs to expand digital wallet capabilities and launch new payment services. The partnership simplifies access to advanced payment technologies to reduce time to market for financial products.
The initiative focuses on accelerating digital payment adoption and improving financial inclusion for unbanked and underbanked communities. A global rollout will commence in the Middle East and Africa to address high demand for mobile money and remittance services.
The partnership leverages Ericsson’s reach in 22 countries and Mastercard’s network across 200 countries. This combined infrastructure aims to strengthen digital ecosystems within emerging markets.