Mastercard and Dinarak Partner to Expand Digital Payment Access in Jordan
The scope of the collaboration involves digital-first multi-currency prepaid cards, premium prepaid cards.
Mastercard has initiated a strategic collaboration with the mobile wallet provider Dinarak to enable digital payment acceptance and drive financial inclusion in Jordan. The scope of the collaboration involves digital-first multi-currency prepaid cards, premium prepaid cards.
“At Dinarak, we are on a mission to build a mobile payments business that provides millions of unbanked people in Jordan with access to financial services and transforms lives through financial inclusion. The collaboration with Mastercard will enable us to provide our customers with a fast, seamless and secure payment experience. It will also help us advance our efforts to leverage the country’s strong mobile penetration to close the financial inclusion gender gap through digital finance.”
–Meqbel Maghaireh, Vice-Chairman, Dinarak.
“Innovative fintech players are contributing to rapid digital transformation, and we at Mastercard are supporting this creative disruption. By tapping into our global expertise and capabilities to co-create competitive localized solutions, we are accelerating the transfer of value in new ways, thereby shaping an inclusive future of payments. Through the collaboration with Dinarak, we seek to strengthen our presence in Jordan, enhance our comprehensive offerings to its population and expand our reach to underserved segments of society.”
–Saud Swar, Country Manager for Saudi Arabia, Bahrain, Jordan, and other Levant, Mastercard.
