Mastercard in Pact to Help AP Transform Digitally

2017-10-06 02:33:45.0

Global payments technology firm Mastercard on October 5th signed a memorandum of understanding with Andhra Pradesh to help the state with innovative payment technology towards making the state a cashless society.

Mastercard chief executive Ajay Banga and AP Chief Minister Chandrababu Naidu have signed the MOU in Delhi. Spread across a span of 2 years, the strategic collaboration will enable safe and secure digital solution adoption at the state level.

Under the agreement, Mastercard proposes to apply its insights and experiences in working with governments across the globe to help deliver greater opportunities for local citizens and businesses.

Mastercard said it will implement innovative payment technologies, reinforcing chief minister Naidus agenda to make the state a casless society.