MasterCard joins Better Than Cash Alliance

Thu 19 Sep 2013

MasterCard announced that it is joining Better Than Cash Alliance. Joining MasterCard falls on the first anniversary of the operation of the organization that works with governments, society and the private sector to shift from cash to electronic payments in developing countries.

The organization of electronic payments was founded last year by companies Citi, Ford Foundation, Omidyar Network, USAID, UN Capital Development Fund and Visa Inc., as well as Bill and Melinda Gates Foundation. MasterCard joins the alliance as the first sponsor since the start of the project.