Mastercard Teams with VEON to Broaden Digital Payment Services in Key Markets
MA•Mastercard has struck a strategic alliance with VEON to integrate its digital payment solutions across VEON’s telecom operations in key markets. The partnership will deploy Mastercard’s card acceptance, fraud prevention and mobile wallet technologies through VEON’s network to accelerate fintech adoption.
1. Strategic Partnership with VEON
Mastercard has entered into a collaboration with VEON to embed its digital payment infrastructure into VEON’s telecom platforms. Under the agreement, Mastercard will supply card acceptance networks, fraud management tools and mobile wallet capabilities to VEON’s subscriber base in select emerging markets, aiming to drive financial inclusion and boost transaction volumes through VEON’s distribution channels.
