Africa Business Radio

Mastercard has partnered with African Fintech and Start Pathcompany Paycode, to provide both company’s offerings on one biometric smart card that will help increase access to critical services and advance economic inclusion for Africans living in remote communities.The company says the partnership is expected to address Africa’s challenges, where an estimated 57 per cent of the population in sub-Saharan Africa remains financially excluded while close to 30 per cent remain without a form of identification and 60 per cent of the continent has no internet connectivity.Sales & Market Development, H&D for Mastercard, Ricardo Pareja, says adding Inclusive ID functionality to Paycode biometric smart cards helps reach those currently excluded from critical government programs.