To make everyday financial transactions digital is the goal of a new agreement between Andhra Pradesh and Mastercard. Image source: Shutterstock (#454099669).
In order to improve digital payment solutions, the government of Andhra Pradesh entered and agreement with Mastercard. This cooperation is supposed to be a step towards a cashless society, which at the same time increases opportunities for citizens as well as businesses.
“Around the world, Mastercard has partnered with governments to unleash the power and potential of digital transformation. We can do this (the partnership) by empowering small farmers to access new markets and financial services through a digital marketplace created in India by our new Mastercard Labs.” said Ajay Banga, President and Chief Executive Officer, Mastercard.
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