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Mobile phones play a crucial role in shaping the future of payment technologies and innovations for Mastercard ’ s customers .
Mastercard ’ s customers . There are several use cases , including mobile wallets , USSD payments , banking apps , QR Code payments , Mobile Point of Sale , mPOS Solutions , and Near Field Communication , which enables contactless payments by simply tapping the device on a compatible terminal . Then there is also Open Banking , which allows for the development of personalised financial products and expands the range of services available to customers . overarching goal is to connect one billion people to the digital economy by 2025 .
Which generic technologies and innovations can make a difference to your end customers ’ business ?
Mobile phones play a crucial role in shaping the future of payment technologies and innovations for
Internet or connectivity also plays a crucial role , and its use cases include online banking and transactions , digital payments and wallets , online fraud detection and prevention , and e-commerce platforms .
Low-cost acceptance solutions are another innovation that has a significant impact as they enhance customer convenience , reduce transaction times , and align with the growing preference for contactless payments .
How can a channel partner in your industry disrupt the regional market and gain a leading competitive position ?
Channel partners play a crucial role in expanding the reach of Mastercard ’ s payment solutions and services . These partners can gain a competitive advantage by implementing the following : developing and introducing cutting-edge solutions that address evolving consumer needs and preferences , initiating collaborations with key players in the relevant industries to create new opportunities , employing a customercentric approach focusing on understanding customer preferences and pain points , and employing advanced technologies to protect platforms from cyberattacks , effective marketing and reputation management .
Which aspects of your job role do you find rewarding and which are challenging ?
The reward is in solving the challenges , which include creating impact and connecting customers to a firstrate array of tested and trusted solutions . This involves considering the socio-economic terrain , navigating the ever-evolving payments industry , ensuring regulatory compliance , and balancing these aspects while striving for continuous growth .
How do you best like to de-stress and recharge off work ?
Dancing , indulging in movie marathons , singing , gatherings with friends , aerobics , spa dates , partaking in walk-a-thons , and delving into autobiographies for leisure and inspiration . p
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