Ngozi Megwa, SVP of Digital Partners and Enablers at Mastercard EEMEA: Empowering Financial Inclusion and the Digital Economy Through Strategic Partnerships

OOutlook Middle East Desk ◆8 January 2024 ◆2 min read
Ngozi Megwa, SVP of Digital Partners and Enablers at Mastercard EEMEA: Empowering Financial Inclusion and the Digital Economy Through Strategic Partnerships
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Ngozi Megwa, SVP of Digital Partners and Enablers at Mastercard EEMEA, Emphasizes the Power of Collaboration for Financial Inclusion and Digital Economy Growth”

Collaboration is core to Mastercard’s goal of engaging one billion people in the global digital economy by 2025. Ngozi Megwa, Senior Vice President, Digital Partners and Enablers for Mastercard in Eastern Europe, Middle East and Africa (EEMEA), explained that the global payments and technology company is committed to building relationships with digital partners. Through those partnerships, Mastercard leans on its capabilities, infrastructure, and assets to empower its partners, innovate faster, and drive greater societal impact with digital payments.

Megwa describes Mastercard as a technology company connecting consumers, merchants, financial institutions, and governments to enable different forms of digital payments. Its multi-rail platform is built to provide future-proof capabilities and make things more convenient for consumers, with safety and security as a priority.

In EEMEA, a region with a diverse set of needs and challenges, collaboration with Mastercard helps partners engage more broadly with customers, offer them personalized services, and become more efficient by reducing cash transactions. The region has a large population of young, innovative people, as well as many unbanked and underserved consumers, which makes financial inclusion especially important.

Megwa says technology companies, governments, and private institutions share a responsibility to understand the diverse needs of consumers and to ensure that solutions are economically sustainable and can be scaled. With a growing fintech industry in the region, Mastercard plays a crucial role in providing support, fostering collaboration and driving impactful solutions in the digital economy.

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Outlook Middle East Desk
Reporting on the companies and leaders shaping the Middle East & North Africa.
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