Mastercard (NYSE: MA) has announced a partnership with Dgpays, a financial technology provider, to advance the adoption of digital payment solutions for consumers and businesses across the EEMEA region.
As part of the partnership, Mastercard and Dgpays will co-develop payment technologies and loyalty solutions tailored to the “needs of markets across the region.”
This initiative will focus on streamlining access to digital payments, ensuring secure solutions that enhance convenience and “build trust among consumers and businesses.”
Dimitrios Dosis, president, EEMA at Mastercard said:
“Our partnership with Dgpays is a testament to Mastercard’s commitment to driving the digital economy forward by empowering businesses and consumers with secure, seamless, and innovative payment solutions. By combining Mastercard’s global network with Dgpays’ local expertise, we are creating a platform for innovation that will transform how payments are made and experienced across the EEMEA region. We extend our sincere thanks to the Investment Office of the Presidency of the Republic of Turkey for their valuable support in making this collaboration possible,”
Serkan Ömerbeyoğlu, CEO of Dgpays said:
“We are proud to welcome Mastercard as a strategic partner and investor. This milestone reflects our shared vision of innovation and inclusion in the digital payments space. Together, we are poised to expand our reach and deliver pioneering solutions that address the evolving needs of our clients in both emerging and established markets. Mastercard’s unparalleled expertise and global network will be invaluable as we scale our impact and deliver transformative solutions.”
This partnership is a step forward in advancing digital payments across EEMEA, reaffirming Mastercard and Dgpays’ commitment to “fostering economic growth through technology and innovation.”
As part of the partnership, Mastercard will “make a minority investment in Dgpays, underscoring its commitment to advancing innovation and accelerating digital transformation in the region.”
As covered, Mastercard powers economies and empowers people in 200+ countries and territories worldwide.
Together with customers, they’re building a sustainable economy where everyone can prosper.
They support a range of digital payments choices, making transactions secure, simple, smart and accessible.
Their tech and innovation, partnerships and networks combine to deliver a unique set of products and services that aim to “help people, businesses and governments realize their greatest potential.”