Paper

The Role of a Market Organizer in Advancing Financial Inclusion

Developing new pathways to catalyze inclusive growth

The financial inclusion sector is at an inflection point, where tomorrow’s initiatives will require expanded partnerships that leverage technological change to be more customer-centric and apply new and innovative business models. This paper highlights the ways in which Mastercard has worked with diverse stakeholders to bring a more holistic and consumer-centric approach to organizing markets which drive financial inclusion. A few of the examples highlighted are:

  • Partnering with Levi’s, Marks & Spencer and Vanity Fair Corp to identify opportunities in garment manufacturing value chains and provide digitized wage solutions that meet factory and worker needs.
  • Expanding on a pilot program with Neumann Kaffee Gruppe (NKG) to digitize payments for coffee farmers in Mexico, reaching an inflection point in terms of growth in consumers and expansion into new markets.
  • Working with partners across various sectors in Egypt to build a robust mobile payments ecosystem that is interoperable across industries, the first nationwide open loop solution of its kind.