Monday, February 23

Mastercard and Ericsson Partner to Expand Global Digital Payment Capabilities


Mastercard Incorporated (NYSE:MA) is included among the 14 Best Warren Buffett Dividend Stocks to Buy.

Mastercard and Ericsson Partner to Expand Global Digital Payment Capabilities
Mastercard and Ericsson Partner to Expand Global Digital Payment Capabilities

On February 18, Ericsson and Mastercard Incorporated (NYSE:MA) announced a new partnership aimed at improving how money moves around the world. The companies will integrate the Ericsson Fintech Platform, which supports mobile financial services, with Mastercard Move, Mastercard’s global money transfer network. This will allow telecom operators, banks, and fintech firms to expand digital wallet features, roll out new payment services, and reach people who remain outside the traditional banking system.

Ericsson’s platform includes ready-to-use APIs, cloud-based deployment, and built-in compliance features. These tools make it easier for fintech providers to connect with Mastercard Move without dealing with complicated technical setups. By removing much of that friction, the partnership helps reduce costs, simplify operations, and speed up the launch of new payment solutions.

The collaboration also opens the door for financial providers to scale their services more efficiently. It gives them the ability to build and deliver payment products faster while creating new revenue opportunities. At the same time, it strengthens digital payment networks in both emerging economies and more developed markets. Improving financial access is a central goal of the partnership. Mastercard Move already supports money transfers across more than 200 countries and territories. It connects over 17 billion endpoints and handles payments in 150 currencies, giving it a broad global reach.

Ericsson’s fintech platform also operates at scale. It is active in 22 countries and serves more than 120 million users. The platform processes over 4 billion transactions every month, covering digital wallets, payments, remittances, lending, and loyalty programs, all supported by enterprise-level security systems.

Mastercard Incorporated (NYSE:MA) is a global payments technology company. It connects consumers, banks, businesses, merchants, and governments by enabling electronic payments and ensuring those transactions remain secure, efficient, and widely accessible.

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Disclosure: None.



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