Published on 28 May 2024 on Zacks via Yahoo Finance
Mastercard Incorporated MA joined forces with a prominent financial solution provider in Ethiopia, EagleLion System Technology, in a bid to provide enhanced access to innovative digital payment solutions for local businesses and consumers of the country. The tie-up will also pave the way for efficient cashless transactions related to public services payments and collection of taxes, in line with the modernization goals of the country’s government.
The collaboration involves the integration of the digital financial solutions expertise of EagleLion with Mastercard Gateway’s advanced payment technology. This, in turn, will result in the formation of enhanced payment solutions through which local merchants and consumers can accept as well as make digital payments.