Amazon and Mastercard team for digital payment in Africa, Middle East
The solution will support emerging payment methods such as wearables, biometrics, digital wallets, QR codes, and contactless payments. The two organizations have also signed an agreement to develop secure card on file, click to pay, and token authentication services.
Other partnerships Amazon has entered to ease the process of making digital purchases in Africa include PayCode, a service it offers with Western Union that lets shoppers in countries including Kenya make payments in local cash currency via QR code.
"We are proud to partner with Amazon Payment Services to scale payment acceptance and accelerate digitization of payments with innovation solutions," said Amnah Ajmal, executive VP, market development, EEMEA, Mastercard.
Amazon Payment Services continues to enable online payments in MENA, supporting over 4,000 retailers and businesses across the UAE, Saudi Arabia, Egypt, Jordan, Lebanon, Qatar, Kuwait, Oman and Bahrain.