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In a significant stride toward advancing digital financial inclusion across Africa, Mastercard has announced a strategic partnership with Nomba, a leading Nigerian payment solutions provider. The collaboration aims to redefine how businesses engage with customers through fast, secure, and seamless payment experiences—both locally and globally.
At the heart of the partnership is the integration of Mastercard Gateway into Nomba’s Checkout solution, enhancing the platform’s ability to process transactions efficiently while supporting diverse payment preferences, including international cards and QR code-based payments. The move is expected to streamline payment operations, increase regulatory compliance, and offer greater fraud protection to African businesses.
Accelerating Financial Inclusion Through Technology
By leveraging Mastercard’s global infrastructure and trusted technology, Nomba is poised to scale its services and offer more secure, reliable, and user-centric payment experiences. The partnership supports Mastercard’s overarching commitment to onboarding one billion individuals into the digital economy by 2025, aligning with broader efforts to foster a sustainable financial ecosystem across the continent.
“As Mastercard continues driving innovation and financial inclusion, we are thrilled to join forces with Nomba,” said Folasade Femi-Lawal, Country Manager and Area Business Head for West Africa at Mastercard. “This partnership is a critical part of our goal to strengthen compliance management, improve transaction security, and enable regulatory alignment in the rapidly evolving digital payment landscape.”
Empowering Businesses with Scalable Digital Solutions
Nomba, a pioneer in enabling small and medium-sized enterprises (SMEs) with digital tools, sees the collaboration as a major milestone in its journey toward building a digitally empowered Africa.
“Our mission is rooted in enabling business growth through innovation,” said Jafer Ali Shariff, Head of Product at Nomba. “This partnership with Mastercard allows us to deliver greater speed, efficiency, and trust—key pillars of modern compliance software and digital finance solutions.”
With access to Mastercard’s expansive global network, businesses using Nomba Checkout will now benefit from:
- Enhanced data security and fraud detection tools
- Improved transaction reliability and operational efficiency
- Real-time payment processing for optimized cash flow
- Broader access to regional and global markets
Expanding Africa’s Digital Payment Ecosystem
As digital payments in Africa continue to surge, this partnership represents a pivotal step in fostering regulatory technology solutions that promote financial inclusion, particularly for underbanked and underserved populations. It also underscores a commitment to building a resilient and transparent financial framework that supports growth, innovation, and regulatory compliance.
Together, Mastercard and Nomba are setting the stage for a digitally inclusive Africa, where businesses of all sizes can thrive in an interconnected and compliance-driven payment environment.
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