US EditionEricsson, Mastercard Target Unbanked Millions With New Global Payments Alliance - Telefonaktiebolaget L M (NASDAQ:ERIC)
The integration targets unbanked and underbanked communities by enabling telecoms, banks, and fintechs to expand digital wallets and streamline payments across 200 countries, Ericsson said.
10 Articles
10 Articles
Ericsson, Mastercard Target Unbanked Millions With New Global Payments Alliance - Telefonaktiebolaget L M (NASDAQ:ERIC)
Ericsson (NASDAQ:ERIC) on Wednesday announced a collaboration with Mastercard Incorporated (NYSE:MA) to enhance global money transfers by integrating Ericsson’s Fintech Platform with Mastercard Move. The partnership enables telecom operators, banks, and fintechs to expand digital wallet services, streamline cross-border payments, and reach unbanked and underbanked communities. Ericsson’s pre-integrated APIs, cloud-native infrastructure, and comp…
PR Newswire
Ericsson and Mastercard enhance global digital money movement and accelerate digital financial inclusion
/PRNewswire/ -- Ericsson (NASDAQ: ERIC) and Mastercard today announce a collaboration to reshape how money moves across the world. By integrating the Ericsson...
• This cooperation facilitates access to advanced money transfer solutions for telecommunications service providers, financial technology companies and banks and enhances the digital financial inclusion of groups that do not have bank accounts or access limited banking services.
Mastercard–Ericsson Alliance Signals New Phase in Global Digital Finance
The strategic integration between Mastercard and Ericsson represents more than a corporate handshake. It signals a structural shift in how telecom infrastructure, digital wallets and global payment rails converge to accelerate financial inclusion and unlock new transaction economies.
Ericsson and Mastercard have announced a collaboration that will allow telecommunications service providers, banks and fintechs to expand the capabilities of electronic wallets, launch new payment services and reach out to communities without access to or limited access to banking services, by integrating the Swedish company’s fintech platform with Mastercard Move, the US’s portfolio of money movement solutions.
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
