Mastercard will support the launch of a new digital platform for banks and businesses to process spending and payments.
In Brief:
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The payments giant has extended its strategic partnership with EedenBull from Europe to APAC.
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Mastercard will support the rollout of Eedenbull’s new commercial cards platform.
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Both companies hope to tap into the commercial payments space in Asia Pacific.
What does this mean?
The extension of this partnership reflects Mastercard’s commitment to partnering with FinTech firms – it brings expertise and its network while a company like Eedenbull brings talent and commercial payments experience.