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Stock impact report

Mastercard (MA), Pluto to Enhance B2B Payments in the UAE [Yahoo! Finance]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
widespread uptake of business-to-business (“B2B”) payment solutions across the Gulf Cooperation Council. This promises to infuse greater innovation and efficiency in the region's B2B payments landscape. Integral to the tie-up, Mastercard will extend a varied array of efficient and reliable payment options to Pluto's client base. This, in turn, is expected to upgrade the solution suite of Pluto and empower it to bring about safety in payments as well as pave the way for better management of finances for businesses of all sizes. The recent partnership reflects Mastercard's broader motive of infusing greater digitization across the UAE and broadly, in the Middle East region. MA's intensified focus on establishing a solid footprint in the region can be explained by its rapidly expanding digital economy, spurred by increased Internet penetration and the higher usage of smartphones. This provides a perfect ground for MA to capitalize on with its suite of advanced payment solutions that Show less Read more
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