Expo 2020 Dubai: Role of Mastercard explained

Mastercard, a global leader in payment technology, is gearing up to play a pivotal role in Expo 2020 Dubai, set to welcome 25 million visitors during its session. In a recent interview at the World Majlis Expo 2020 in Rwanda, Adam Jones, Vice President and Area Business Head, East Africa at Mastercard, shed light on the company's innovative approach towards supporting fintechs and its commitment to digitizing the global economy. Jones highlighted Mastercard's mission to create seamless, cashless, personalized experiences at the Expo through the utilization of cutting-edge technologies like artificial intelligence and biometrics. One of the key themes that emerged from the interview was Mastercard's dedication to fostering talent and driving economic growth in East Africa and beyond. Jones emphasized the importance of collaboration between various sectors, including business and politics, to ensure sustainable development and success. He discussed Mastercard's efforts to empower fintech startups through initiatives like Start Path, facilitating connections with key industry players and enhancing their global visibility. Regarding Mastercard's role in Expo 2020 Dubai, Jones expressed pride in the company's position as the official payment technology provider for the event. He shared the organization's commitment to delivering a 'truly priceless' experience for Expo visitors by leveraging state-of-the-art technologies and creating a seamless payment ecosystem. Jones hinted at exciting surprises in store for attendees, emphasizing Mastercard's ongoing collaboration with the Expo team to enhance the overall experience. When questioned about Mastercard's legacy plans post-Expo and its impact on a global scale, Jones emphasized the company's focus on digitizing the economy and fostering financial inclusion. He highlighted Mastercard's initiatives in Africa, such as digitizing the supply chain, expanding access to financial services, and promoting educational and energy inclusion. Jones underscored the significance of Mastercard's Nairobi-based financial inclusion labs in driving solutions that cater to the diverse needs of African communities and contribute to the continent's economic advancement. In conclusion, Mastercard's participation in Expo 2020 Dubai signifies the company's commitment to innovation, technology, and financial inclusion on a global scale. Through its strategic partnerships and transformative initiatives, Mastercard aims to revolutionize payment experiences, drive economic growth, and leave a lasting legacy beyond the Expo.