Ngozi Megwa, SVP of Digital Partners and Enablers at Mastercard EEMEA, Emphasizes the Power of Collaboration for Financial Inclusion and Digital Economy Growth”
Mastercard, a global payments and tech giant, prioritizes collaboration as a key element in achieving its goal of engaging one billion people in the global digital economy by 2025. Ngozi Megwa, Senior Vice President of Digital Partners and Enablers for Mastercard in Eastern Europe, Middle East, and Africa (EEMEA), highlights the company’s commitment to building relationships with digital partners. This collaborative approach involves leveraging Mastercard’s capabilities, infrastructure, and assets to empower partners, accelerate innovation, and drive societal impact in digital payments.
Megwa describes Mastercard as a technology company connecting consumers, merchants, financial institutions, and governments, facilitating various forms of digital payments. The company’s multi-rail platform is designed to provide future-proof capabilities, enhancing consumer convenience while prioritizing safety and security.
In EEMEA, where a diverse set of needs and challenges exists, Mastercard’s collaboration focuses on helping partners engage more broadly with customers, offer personalized services, and promote operational efficiency by reducing cash transactions. The region’s large population of young, innovative individuals, coupled with a significant unbanked and underserved population, underscores the importance of financial inclusion.
Megwa emphasizes the shared responsibility across technology companies, governments, and private institutions to address the diverse needs of consumers and ensure the economic sustainability and scalability of solutions. In a region with a growing fintech industry, Mastercard plays a crucial role in providing support to foster collaboration and drive impactful solutions in the digital economy.