Ericsson and Mastercard Collaboration Aims to Accelerate Digital Payments Worldwide
Ericsson and Mastercard announce a collaboration to reshape how money moves across the world. By integrating the Ericsson Fintech Platform (Mobile Financial Services) with Mastercard Move – Mastercard’s portfolio of money movement solutions – the collaboration will empower telecom service providers, banks, and fintechs to expand digital wallet capabilities, launch new payment services, and reach unbanked or underbanked communities.
Ericsson’s pre-integrated application programming interfaces (APIs), cloud-native deployment and compliance-ready infrastructure simplifies fintech connectivity to Mastercard Move.
These capabilities reduce technology complexity, lower operational barriers (by simplifying integration, deployment and compliance) and accelerate time to market for new payment services – all aimed at catalyzing innovation and growth in the sector.
