CandleFocus Mastercard's Pay Local Launches, Connecting 2 Billion Users to 35 Million Merchants
2024-11-08
Author: Content Editor
Mastercard has launched Pay Local, a global service that aims to expand the reach of digital wallets by connecting 2 billion Mastercard cardholders with 35 million merchants. This service allows users to link their credit or debit cards directly to a local digital wallet, eliminating the need for prepaid accounts and providing greater payment flexibility. Pay Local will benefit both consumers and tourists by offering more payment options and convenience. Mastercard's focus on community impact and financial inclusion aims to support local economies and improve the traveler experience. The service will primarily target regions where digital wallets are dominant, such as Asia-Pacific, Latin America, and Africa.
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