Mastercard and Dgpays, a prominent fintech company, have established a strategic agreement aimed at expanding the usage of digital payment solutions for businesses and consumers in Eastern Europe, the Middle East, and Africa (EEMEA).
In a statement released on Thursday, Mastercard and Dgpays will collaborate to create cutting-edge payment systems and loyalty programs that are suited to the demands of the local markets.
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Mastercard – Dgpays partnership main goals
The partnership’s main goal is to increase Eastern Europe, the Middle East, and Africa’s access to safe, cutting-edge, and easy payment options.
The initiative aims to make digital payments more accessible and to increase consumer and company trust by providing safe and practical solutions.
“Our collaboration with Dgpays is an important step in Mastercard’s drive to advance the digital economy by providing businesses and consumers with secure, seamless and innovative payment solutions,” said Dimitrios Dosis, President, Mastercard Eastern Europe, Middle East and Africa.
“By combining Mastercard’s global network with Dgpays’ local expertise, we are creating an innovation platform that will transform the way payments are made and experienced in the EEMEA region. We would like to extend our sincere gratitude to the Investment Office of the Presidency of the Republic of Turkey for their valuable support in making this collaboration possible,” Mr Dosis added.
“We are proud to have Mastercard join our company as a strategic partner and investor. This important milestone reflects our shared vision for innovation and inclusivity in the digital payments space,” said Serkan Ömerbeyoğlu, CEO of Dgpays.
“Together, we are ready to expand our reach and deliver pioneering solutions to the evolving needs of our customers in both emerging and developed markets. Mastercard’s unmatched expertise and global network will bring us immense value as we scale our impact and deliver transformative solutions,” he added.
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Mastercard invests minority stake in Dgpays
Mastercard has invested a minority stake in Dgpays as part of the partnership, demonstrating its commitment to driving innovation and accelerating digital transformation in the region.
This partnership is a significant step to advancing the digital payments space across EEMEA and reaffirms the shared goal of Mastercard and Dgpays to drive inclusive economic growth through technology and innovation.
