BY Antony Peyton
FEB 27, 2019
via BANKING TECH
Mastercard and Angaza shine for payments in emerging markets
Mastercard has signed a global memorandum of understanding (MoU) with Angaza to roll out a digital payment solution for emerging markets.
The duo says their solution “increases access to affordable necessities” – such as solar home systems and water pumps for people and businesses. (In the Swahili language, Angaza means “easy”.)
San Francisco-based Angaza provides a pay-as-you-go (PAYG) embedded metering and monitoring technology, while Mastercard brings its digital payment solutions and infrastructure including QR technology.