Apply for The Mastercard Foundation Fund for Rural Prosperity Challenge
The Mastercard Foundation is an organisation that is focused on improving the bad economic situation in developing countries through youth empowerment and provision of financial aid to people living in rural areas. The foundation was established in 2016 and has since developed numerous charitable programs through which they reach out to the economically disadvantaged mass […]
Mastercard Restaurant Week Returns with 33 Lagos Restaurants
Top performing Lagos restaurants will be recognised during this year’s event
3 Online Payment Portals Other Than Paypal
I have always been a fan of competitive markets where no individual corporation has a monopoly over the market. Competition is a control driver of performance and innovations. It enables us to choose from an array of excellent products at affordable prices. The IT industry has highly revolutionized the way we buy and sell as […]
GTBank Launches Nigeria’s First Virtual Prepaid MasterCard
Guaranty Trust Bank plc, one of Africa’s leading financial institutions, launches Nigeria’s first Virtual Prepaid MasterCard. The virtual payment solution is easily issued via Internet Banking and it makes payment transactions online fast, easy and secure. Segun Agbaje, Managing Director/Chief Executive Officer of GTBank, commenting on the launch stated that “the product (Virtual Prepaid MasterCard) […]
MasterCard Set to Launch Facial Recognition Payment Service
The Electronic Payment Providers Association of Nigeria (E-PPAN) has declared that MasterCard plans to launch a facial recognition payment service in an effort to halt increasing cybercrimes. Mrs Onajite Regha, the Chief Executive Officer of E-PPAN, announced this new development on Wednesday, during an interview with News Agency of Nigeria (NAN). According to Regha, this […]
MasterCard, Visa to Remove the Unpopular 3D Secure
In 2015, MasterCard and Visa will remove the 3D Secure on payment cards and replace them with the ‘next-generation’ systems based on biometrics and token-based prompts. Ajay Bhalla, President of Enterprise Security Solutions at MasterCard explained, “All of us want a payment experience that is safe as well as simple, not one or the […]
Hotels.ng Partners With MasterCard
Hotels.ng, the largest hotel booking agency in Nigeria with over 6000 hotel bookings across Nigeria, has partnered with MasterCard, a technology company in the global payments industry. They operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories as part of the MasterCard […]
Fidelity Bank Unveils Security Solution for Verve, MasterCard Users
Fidelity Bank Plc has unveiled a security solution which would protect the bank’s Verve and MasterCard users. The bank made this known in a statement saying that the solution is applicable to all of its customers during online transactions. Mr. Nnamdi Okonkwo, the Managing Director/CEO of the bank in his remarks said that […]
GTBank Rewards MasterCard Users with 15 Percent Discount on British Airways International Flights
Looking to travel? Are you a GTBank MasterCard user? Then you are in for an exciting deal! GTBank announces a special offer for its frequent MasterCard users of 15 percent discount off their next British Airways International flight from February 1 through April 15, 2014. To become eligible for this offer, GTBank customers must keep using […]
EcoBank Partners with MasterCard to Improve Financial Access in Africa
MasterCard Worldwide Wednesday sealed a landmark deal with Ecobank Transnational Incorporated (ETI), which will see 60 per cent of Africa’s population have access to financial services. Specifically, the global payment solution company signed a multi-country licensing agreement with ETI which would provide access to MasterCard’s payment solution for Ecobank’s customers in 23 African countries. The […]
MasterCard Foundation Provides $500M for Education in Africa
The MasterCard Foundation is providing $500 million to educate young people in Africa through its innovative MasterCard Foundation Scholars Program. The Scholars Program is a 10-year global initiative that partners have signed on to already, including BRAC, Campaign for Female Education (Camfed) and Forum for African Women Educationalists (FAWE). According to MasterCard Foundation, “They will […]
MasterCard and UBA Unveil First Ever Personalized Debit Card in Nigeria
MasterCard and United Bank for Africa (UBA) have unveiled the first ever personalized debit card in Nigeria, dubbed the UBA “All About U” Card. The unique MasterCard card can be customized with elements such as images, colors and more. The launch of the product in partnership with UBA is in harmony with MasterCard’s vision to […]
GTPay is a Flexible Online Payment Gateway, GTBank Says
Guaranty Trust Bank has released a statement that described GTPay “as an essential solution for customers with online presence. It facilitates online payments using both local cards (Interswitch, VISA naira and MasterCard Naira) as well as International cards (MasterCard and VISA). This product enables corporate customers accept payments through their website from their own customers, […]
Nigeria Partners MasterCard for New Identity Cards Scheme
The Nigerian National Identity Management Commission (NIMC) has announced partnership with MasterCard, for the new national identity cards project. The ID would have a two-face design, with citizen information and MasterCard, respectively — on both. It is the first time that such design is going national, after years of adoption by schools — for student IDs. […]
Get 5% Discounts In Sony Centers Nationwide!
MasterCard has announced its first collaborative relationship with a local Nigerian retailer, Flying Dove Limited – authorized distributors for Sony Corporation and owners and operators of Sony Centers in Nigeria. Through the collaboration, MasterCard will incentivize its cardholders to make use of electronic payment solutions, thus supporting the Central Bank of Nigeria’s (CBN) move towards […]