Ericsson and Mastercard Enhance Global Digital Money Movement and Accelerate Digital Financial Inclusion

Ericsson and Mastercard announced 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.

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.