News
NOW Money partners with Mastercard to increase financial inclusion
NOW Money, a leading inclusive digital payroll and banking platform for migrant workers, has announced its new strategic partnership with Mastercard, a global payments technology company.
As part of this collaboration, NOW Money customers will receive a Mastercard payment card, providing them with secure, seamless and convenient access to their finances and enabling them to reap the benefits of the digital economy. This move aligns with NOW Money’s mission to provide inclusive financial solutions to underserved communities and improve the financial well-being of its users across the GCC.
We are thrilled to partner with Mastercard, a global pioneer in payments innovation. This collaboration is a significant step towards our vision of full financial inclusion, ensuring our customers have the tools they need to fully participate in the digital economy, with a financially connected world supporting and empowering everyone.
Nicolas Andine, CEO, NOW Money
At Mastercard, we are committed to fostering an inclusive, sustainable and prosperous future for all. Our collaboration with NOW Money is set to integrate thousands of unbanked individuals into the digital economy by providing them with secure, convenient payment solutions and access to our extensive network of global merchants.
Gina Petersen-Skyrme, Vice President, Country Manager, UAE and Oman, Mastercard
Key benefits of the NOW Money Mastercard partnership:
Global acceptance: The NOW Money Mastercard payment card can be used worldwide, including online, in stores and at ATMs, giving customers unprecedented access to their funds wherever they are.
Improved security: Leveraging Mastercard’s advanced security features, such as EMV chip technology and sophisticated fraud detection systems, NOW Money customers can transact with confidence and security.
Convenient digital payments: Mastercard’s integration with the NOW Money app enables seamless financial management. Customers can handle payments, transfers and other financial transactions directly from their mobile phones.
Inclusion and financial education: This partnership underscores NOW Money’s commitment to financial inclusion by providing easy access to banking services. Additionally, Mastercard’s educational resources will be leveraged to improve financial literacy among NOW Money users.