Mastercard becomes Expo 2020's official payment technology partner

Mastercard becomes Expo 2020s official payment technology partner

Dubai - The company was today revealed as Expo 2020's Official Payment Technology Partner at a forum in Barcelona.



by

A Staff Reporter

Published: Wed 26 Sep 2018, 3:53 PM

Last updated: Wed 26 Sep 2018, 6:01 PM

Expo 2020 Dubai's unique visitor experience will be enhanced, thanks to a new partnership with Mastercard that includes exploring the use of payment technologies from virtual reality to biometrics and voice shopping.
The company was today revealed as Expo 2020's Official Payment Technology Partner at Mastercard's 'Connecting Tomorrow' Forum in Barcelona, Spain.
The partnership includes developing innovative payment solutions that help deliver a personalised, seamless and cashless experience for millions of visitors from around the world. Mastercard will use technology including augmented and virtual reality, and biometrics such as facial and fingerprint recognition, as well as new payment methods including contactless and wearable technologies. 
Reem Al Hashimy, UAE Minister of State for International Cooperation and Director General, Dubai Expo 2020 Bureau, said: "World Expos have always offered people their first experience of technologies that will go on to change their everyday lives.
"In the future, people will grow to expect seamless experiences whenever they make a payment. Our partnership with Mastercard will not only make cashless payments easier for our visitors, but also allow them to try new and exciting innovations that enhance and become part of their Expo experience."
With 25 million visits expected at Expo 2020 Dubai, new and innovative payment solutions will play an essential role in delivering a seamless experience. Expo's partnership with Mastercard will ensure a fast, intuitive and reliable payment experience.
Expo 2020 Dubai is a celebration of human ingenuity, guided by the belief that innovation and progress are the result of people and ideas combining in new ways.
To date, Expo 2020 Dubai has announced 11 Premier Partners, including Mastercard, and four Official Partners. There will be further partnership announcements in the coming months.


More news from Business
In-store shopping regains trust

Business

In-store shopping regains trust

What is happening now is that as Covid-19 cases continue to decline, residents are regaining confidence in in-store shopping. This is according to a Kearney study in which UAE respondents cite convenience (51 per cent), enhanced shopping experience (49 per cent) and competitive pricing (44 per cent) as the main motivators driving them back to brick and mortar stores

Business5 days ago