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Like Visa CEO Ryan McInerney, Mastercard CEO Michael Miebach spent part of his company's earnings call drawing a competitive distinction between the card network and FedNow.
Purchase-headquartered Mastercard (NYSE:MA) has entered into a Memorandum of Understanding (MoU) with EthSwitch, the national payment switch of Ethiopia, to implement digital payment services by the nation’s financial institutions.
EthSwitch, Ethiopia’s national payment switch has signed a Memorandum of Understanding (MoU) with Mastercard that will enable financial institutions across Ethiopia to boost the adoption and usage of digital payments.
Africa Business Communities
Africa Business Communities