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Mastercard and MTN Form African Mobile Money Partnership

Mastercard and MTN today announced a strategic partnership to enable millions of MTN MoMo customers in 16 African countries to shop and pay online with global merchants.

Through a Mastercard virtual payment solution linked to MTN MoMo (Mobile Money) wallets, consumers can now unlock a host of opportunities and shop from their favorite international brands online while in their home countries or travelling abroad.