KaiOS and Mastercard partnered to streamline digital payment solutions for SMEs in emerging markets

KaiOS has partnered with Mastercard to integrate digital payment solutions into its affordable smart-feature phones, starting in Cote d’Ivoire and Nigeria. This collaboration aims to help small and medium-sized businesses (SMEs) in developing markets adopt digital payments more easily. SMEs can use their KaiOS-powered phones to accept payments via Mastercard QR Pay by Link, with future plans for Tap & Go contactless payments technology. The initiative seeks to foster a more inclusive digital economy by reducing the barriers to digital payment adoption.

KaiOS and Mastercard will initially focus on African markets, collaborating with partners like Touch and Pay Technologies (TAP) and Wizzit to extend access to digital payments and financial services for underserved populations. The partnership builds on KaiOS's mission to connect underserved communities with digital technology, and Mastercard's goal to make digital payments accessible for businesses worldwide.

Source: Mastercard